What business should a company be in and how does the company win are questions that are a part of mapping a total compensation strategy.

Question

Quizplus · Accepted Answer

Mapping a total compensation strategy involves determining how much and what type of compensation should be given to employees, based on factors such as the company's budget, industry benchmarks, and employee performance. The questions of what business the company should be in and how it should win are part of the company's overall business strategy, but do not directly pertain to compensation strategy.

What Business Should a Company Be in and How Does