Question: 3 Multiple Choice 1 point Smith Auto Group, Inc. participates in a pay survey that provides information on the going rates of pay among its
Multiple Choice
point
Smith Auto Group, Inc. participates in a pay survey that provides information on the going rates of pay among its major competitors. Smith Auto Group, Inc. uses this information to compare its pay practices with that of their competitors to ensure they can compete for talent. This procedure is known as
benchmarking.
recruitment.
job evaluation.
internal equity.
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