Which Components of the External Environment of the BMW Plant

question 48

Multiple Choice

Which components of the external environment of the BMW plant in Spartanburg, South Carolina were disrupted by the volcanic eruption in Eyjafjallajökull, Iceland?

• A)the demographic and global components
• B)the political and legal components
• C)the economic and global components
• D)the sociocultural and demographic components

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Definitions:

Performance Pay

A compensation strategy that ties employee payment directly to their performance outcomes or achievements.

Compensation Plan

Describes the payment structure and benefits offered by an employer to its employees, outlining wages, bonuses, and other financial incentives.

Contributions

Efforts, work, or resources provided by individuals or groups towards a common goal or for the benefit of a larger entity.

Job Evaluation

A systematic process used to determine the relative worth or value of a job in comparison to other jobs within an organization.