Describe the last step of developing a total compensation strategy.
What will be an ideal response?
The fourth step, reassess and realign, closes the loop of the total compensation strategy. This step recognizes that the compensation strategy must change to fit changing conditions. Thus, periodic reassessment of the fit is needed to continuously learn, adapt, and improve. Managing the links between the compensation strategy (grand policy decisions) and the pay system (procedures for paying people) as well as to people's perceptions and behaviours is vital to implementing a pay strategy.
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What is often referred to as "abusing the cutoff?"
a. Inflating revenues by using implied side agreements. b. Inflating revenues by selling unused assets for a promise to buy them or similar assets back at roughly the same price. c. Inflating current revenues by allowing customers to return products and cancel sales in future periods. d. Inflating revenues by including revenues in the current period that should be recognized in the next period.
Among the cybercrimes that most often target businesses are
A. prospecting and phishing. B. check kiting. C. accessing unauthorized accounts. D. hacking and data espionage.
Consider the data above for a simple economy: Using 2011 as the base year, calculate nominal GDP, real GDP, and the GDP deflator for 2016. Show your work.
Rotary Club Invites Speaker The Rotary Club in your city would like to invite the attorney general of your state to speak at its monthly meeting. Although the attorney general seldom accepts these kinds of invitations, you believe that you can persuade
her to make an exception by asking her to discuss one of her special projects, ethical business practices. A complicating factor for you is that the meeting you want the attorney general to attend is only two months away. Required: As secretary of the Rotary Club, write this request, adding whatever terms of persuasion you feel would be necessary to influence the attorney general to accept. Address the letter to Ms. Susan Reston, Attorney General of your state.