After Establishing a Policy Line for Pay in the External

question 54

Multiple Choice

After establishing a policy line for pay in the external market a company must decide on its own pay policy. Which of the following will affect the company's pay policy?

• A) the role of performance-based pay in the organization
• B) the stage of the firm's development
• C) the strength of union demands
• D) the organizational culture
• E) all of the above

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Definitions:

Abused

Being subjected to harmful, injurious, or offensive treatment, often in the context of power imbalances.

Parents

Caregivers of a child or children who provide support, nurturing, and guidance in the development of the child.

Abuse

The improper treatment of a person or entity, often to unfairly or improperly gain benefit.

Familism

A cultural belief emphasizing the importance of family connections, loyalty, and reliance within a social group.