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A certain firm's resources and capabilities are valuable, rare, and difficult to imitate. However, the firm is performing worse than its competitors. The ________ dimension could be the problem.
Compensation Surveys
Research conducted to collect and analyze data on wages and benefits within an industry, used by organizations to benchmark and establish competitive pay structures.
Pay Trends
The movements or developments in how employees are compensated, influenced by economic conditions, job market, and other factors.
Compensation Surveys
These are studies conducted to collect and analyze data on salaries, wages, and benefits in order to determine the market rate for specific job positions.
Performance Appraisal
A process through which an employee's job performance is evaluated, typically on an annual or semi-annual basis.
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