Multiple Choice
External competitiveness refers to:
A) comparison of product prices with that of competitors
B) comparison of compensation with that of competitors
C) competitiveness between different departments in a company
D) inflationary pressure caused by external market factors
E) the relative importance of jobs within a company
Correct Answer:
Verified
Correct Answer:
Verified
Q14: A merit increase is best described as:<br>A)percentage
Q15: What are the two major categories of
Q16: What is base pay? Distinguish between a
Q17: List the three basic objectives of a
Q18: Total compensation only includes salary and incentives;
Q20: Merit pay is a one-time payment for
Q21: Which of the following best describes cost-of-living
Q22: Allowances are rewards given to employees based
Q23: as a pay objective involves abiding by
Q24: What are long-term incentives?