What does the "best fit" perspective on compensation suggest?

What will be an ideal response?


The "best fit" perspective on compensation suggests that compensation be aligned, or fit, with the specific business strategy adopted by the organization, given its environment, in order to maximize competitive advantage. The "best practices" perspective suggests there is one set of best pay practices that can be applied universally across situations and strategies, attracting superior employees who then create a winning strategy.

Business

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Kevin is a salesperson working for a company that manufactures gardening tools. He is involved in door-to-door sales and travels every day to call on customers. In his company, Kevin is most likely a part of the ________

A) top management B) inside sales force C) product designing team D) customer support team E) outside sales force

Business

Which of these strategies is flawed and may increase audience misunderstanding?

a. using your audience’s prior knowledge b. giving internal previews and internal summaries c. presenting as much information as possible d. paying attention to the audience’s nonverbal cues

Business

What is the trend in health care for peripheral labor force (part-time, temp and newly-hired employees)?

What will be an ideal response?

Business

Nonverbal communication is culture bound

Indicate whether the statement is true or false.

Business