Question: 200-250 Homework Chapter 2 1. 2. If a compensation system works well for one business, that same compensation system should also work well for other

200-250 Homework Chapter 2 1. 2. "If a

200-250

Homework Chapter 2 1. 2. "If a compensation system works well for one business, that same compensation system should also work well for other businesses. Discuss whether this statement is true, and why or why not. Using the concept of fit, discuss the types of compensation and rewards that would work best for each of the three managerial strategies. What are the typical responses to employees' pay when organizations face external crisis such as COVID-19 and recession? Are these the most effective in the long term? Why or why not? 3. ANSWER ALL QUESTIONS IN YOUR OWN WORDS Singh Long Strategic Compensation in Canada Seventh Edition

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