In determining the compensation strategy, a major strategic decision is whether to mirror what competitors are paying.

Name: In determining the compensation strategy, a major strategic decision is whether to mirror what competitors are paying.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Whether or not to mirror competitor's compensation is a strategic decision that needs to be made by the company based on various factors such as industry norms, company goals, and budget constraints, among others. Therefore, the statement is true.

In Determining the Compensation Strategy, a Major Strategic Decision Is