Which Are the Two Reasons That Make Competencies a Risky

question 26

Multiple Choice

Which are the two reasons that make competencies a risky foundation for a pay system?

• A)Number of stakeholders and lack of a global standard
• B)Openness and non-quantifiable nature
• C)Vagueness and subjectivity
• D)Lack of motivation and abstract objectives

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Definitions:

Unit Price

The cost per unit of a product or service, making it easier to compare the prices of different sizes or quantities.

Producer Surplus

The difference between the actual amount a producer receives from selling a product and the minimum amount they would accept.