Multiple Choice
Which of the following statements is true of market pay line?
A) A market pay line is a line of consumers in a market.
B) A market pay line links a company's benchmark jobs on the vertical axis with market rates paid by competitors on the horizontal axis.
C) A market pay line is constructed by adjusting pay policy line.
D) A market pay line reflects a firm's competitive position in the market.
E) A market pay line is adjusted in order to construct a pay policy line.
Correct Answer:
Verified
Correct Answer:
Verified
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