What Main Indicators Should Firms Examine in the Process of Examining

question 39

Multiple Choice

What main indicators should firms examine in the process of examining compensation costs?

• A) budgeted costs and actual costs
• B) compensation cost ratios and budget ratios
• C) net profit per employee and average employee earnings
• D) compensation cost ratios and average employee earnings

---

Definitions:

Maslow's

A hierarchy of human needs proposed by Abraham Maslow, suggesting that basic physical necessities must be satisfied before higher-level psychological and self-fulfillment needs can be pursued.

Fromm

Erich Fromm was a psychoanalyst and social psychologist who explored the interaction between psychology and society, emphasizing the importance of love, freedom, and human nature in his work.

Character Orientation

A concept relating to how individuals relate to the world and themselves, including aspects of their personality and behavior patterns.

Fromm

Fromm refers to Erich Fromm, a psychoanalyst and social psychologist known for his works on authoritarianism, democracy, and the intersection of psychology and society.