What kind of strategy is an organization using if it attempts to pay wages slightly below industry norms?
A)outsourcing
B)compensation
C)differentiation
D)lag

Question

Quizplus · Accepted Answer

The organization is using a lag strategy by paying wages slightly below industry norms. This means that the organization is trying to save costs by paying lower wages than its competitors. However, this may lead to employees leaving the organization for better-paying jobs and may result in recruitment and retention difficulties.

What Kind of Strategy Is an Organization Using If It