Market pricing refers to:
A)adjusting the price of products according to the prices of competitors
B)combining jobs into a broader market band
C)relying on external market rates to set the internal pay structure
D)the point where supply and demand curves cross
E)paying rates that reflect product market conditions

Question

Quizplus · Accepted Answer

Market pricing involves setting the internal pay structure based on external market rates, ensuring that compensation is competitive with what is offered in the market.

Market Pricing Refers To