Which of the Following Is True About Pay

question 87

Multiple Choice

Which of the following is true about pay?

• A)Pay is not helpful when it comes to aligning employees' interests with those of the broader organization.
• B)Pay has a small impact on employee attitudes and behavior.
• C)From the employees' view,pay policies do not affect their standard of living.
• D)Companies often look for ways to reduce pay by jeopardizing their relationship with the workforce.
• E)Employees attach great importance to pay decisions when they evaluate their relationship with the organization.

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Definitions:

Exchange

A platform or marketplace where goods, services, or securities are traded between parties.

Time Utility

The value added to products or services by making them available when they are needed.

Good Or Service

Products offered in the market that can be either tangible (goods) or intangible (services) to satisfy consumer needs or wants.

Customers Want

The desires or needs that consumers express, which can influence their buying behavior and decisions.