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Describe two business competitive strategies

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Reference no: EM133034616

Answer the following questions. The subject is compensation and benefits.

The course code is MGT217, couldn't find it on here.

1. How is rate of pay affected by supply and demand? Illustrate.

2. Differentiate between Intrinsic and Extrinsic rewards and give examples of each.

3. Describe two Business Competitive strategies.

4. Explain two errors with the Appraisal Process.

5. Describe three types of individual incentive plans.

6. State one US labor law that governs business compensation practices.

7. With the use of three Human Resource Departments state how they fit into the Compensation.

8. Differentiate between seniority and longevity pay.

9. How are rewards allocated for group incentives.

10a. What are capital intensive industries?

10b. How is compensation affected in these industries as opposed to less capital industries?

Reference no: EM133034616

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