Characteristics of the compensation and rewards system

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A businessman who loves animals and is interested in starting a company that manufactures clothing, hats, etc., for pets. Although there is a great deal of competition in this market, Hu believes that in order to create an opportunity for the company to do a good job it has to follow a cost strategy. Saeed examines many options for his work, among them strategic issues and among them are issues related to human resource management. These goods help him make decisions that fit the cost strategy.

1. Since he chooses to use cost leadership strategy, what should his production strategy be?

2. What attitude should employees have towards risks?

3. What are the characteristics of the compensation and rewards system, and what are the most prominent employee behaviors?

Reference no: EM132825554

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