A Company That Structures Its Compensation System So That Half

question 133

Multiple Choice

A company that structures its compensation system so that half of its competitors pay their employees more than it does and half of its competitors pay less than it does is using a ____ the market strategy.

• A) lag
• B) meet
• C) lead
• D) follow

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Definitions:

Just Noticeable Difference

Just noticeable difference is the minimum difference in stimulation that a person can detect 50% of the time, also known as the threshold of sensory detection.

Grams

A metric unit of mass equal to one thousandth of a kilogram.

Pupil

The part of the eye located in the center of the iris that controls the amount of light entering the eye.

Iris

The colored part of the eye surrounding the pupil, responsible for controlling the amount of light reaching the retina.