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Author Question: XYZ Inc. pursues a low-cost strategy in its industry and generally needs lower skilled employees. As ... (Read 40 times)

misspop

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XYZ Inc. pursues a low-cost strategy in its industry and generally needs lower skilled employees. As a result, their management team decided to establish a compensation policy that pays less than the marketplace.
 
  In recent years, the company became susceptible to labor shortages and high turnover. Which kind of pay level policy does XYZ Inc. follow?
  A) market match
  B) market lag
  C) market lead
  D) market pay line

Question 2

The XYZ Company is a world leader in medical device manufacturing. Aiming to continue its market position in this industry, the XYZ Company pursues a differentiation strategy.
 
  As a result, this company compensates its employees higher than competitors in order to attract and retain the best employees. What kind of pay level policy does the XYZ Company follow?
  A) market match
  B) market lag
  C) market lead
  D) market pay line


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sarajane1989

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misspop

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review


bassamabas

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Reply 3 on: Yesterday
Excellent

 

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