A(n) ________ contract involves the exchange of a promise for an act

Lincoln electric and 3M are highlighted in the textbook for their approaches to compensation for their employees.

a. When it comes to compensation, in these companies b. they reward similar behaviors. c. they are mostly concerned with lowering the market pay. d. while there is some variance between how these companies value particular activities or levels of performance, both companies pay at the market wage. e. they reward different behaviors.

A mission statement is a document embodying an organization's short-term goals

Indicate whether the statement is true or false