Pay Strategy May Be Defined in Terms of a Series

question 1

Multiple Choice

Pay strategy may be defined in terms of a series of interlocking strategic choices on:

• A) Basis of pay,units of aggregations,patterns of variation in pay and job evaluations
• B) Industry/competition,size of organization,organizational structure and job evaluations
• C) Employment relationships,corporate culture,basis of pay and job evaluation
• D) Local market conditions,laws,basis of pay and job evaluations

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Definitions:

Cultural Intelligence

is the ability to relate to and work effectively across cultures, demonstrating an understanding of and respect for cultural differences.

Social Power Distance

The extent to which individuals or societies accept and expect unequal distribution of power and authority.

Collectivistic Cultures

Cultures that emphasize the needs and goals of the group over those of the individual.

Network Density

A measure of how closely knit individuals in a network are, based on the number of connections compared to the total possible connections.