Examlex
Once a consumer has completed the alternative evaluation stage of the consumer purchase decision process, two choices remain, which are
Direct Compensation
Monetary benefits provided to employees in exchange for their labor, including wages, salaries, bonuses, and commissions.
Absolute Pay Levels
The specific amount of monetary compensation given to an employee, not relative to external benchmarks or comparisons.
Relative Levels
Comparative rankings or positions of things or individuals in relation to one another within a particular context or hierarchy.
Point System Matrices
Quantitative tools used in decision making and evaluation, involving the scoring of options or performance across various criteria to guide selections or improvements.
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