Different industries and different organizations within an industry are able to pay differently based on their __________ and resources.
A) competition
B) profitability
C) position
D) compensation

Question

Quizplus · Accepted Answer

Profitability is a key factor that affects the ability of an organization to pay its employees. Highly profitable industries or organizations can often offer higher salaries and benefits in order to attract and retain top talent. Competition and position can also play a role, but profitability is the most direct factor. Compensation, while related, is not as relevant in determining an organization's ability to pay.

Different Industries and Different Organizations Within an Industry Are Able