When using compensation survey data, statistical analyses are used to integrate this with the external market, in order to determine pay rates

A) internal pay scales
B) nominal pay rates
C) internal pay benchmarks
D) internal job structures

Answer: D

Business

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LCH is a leading electronics company that produces and markets its own brand of desktop and laptop computers for both individual consumers and businesses

Which of the following sequences of consumer responses is relevant as a marketing communications model for LCH's products? A) learn-do-feel B) feel-learn-do C) do-feel-learn D) feel-do-learn E) do-learn-feel

Business

Sentoria is an island nation in the Pacific Ocean. Its geographical location is advantageous since it has access to a variety of aquatic life forms and also a number of freshwater sources that provide for fisheries

The lack of arable land drives local demand for seafood. The competition in the domestic fishing industry is fierce and enables Sentoria to be one of the major exporters of seafood. Which of the following theories of international trade best explains Sentoria's dominance as an exporter of seafood? A. New trade theory B. Product life-cycle theory C. Mercantilism D. Heckscher-Ohlin theory E. Theory of national competitive advantage

Business