Differences between strategic and tactical compensation

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1. In at least 500 of your own words, define the term “compensation.” Next, explain the differences between strategic and tactical compensation, and give at least three examples of core compensation practices and at least three examples of employee benefits practices.

2. Describe a situation that could be modeled using a Linear Programming Model. What are the advantages of analyzing and experimenting with a model as opposed to a real object or situation? PLEASE BE ORIGINAL AND DON'T USE SOMETHING THAT SOMEONE HAS ALREADY POSTED.

Reference no: EM132270774

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