Question: 5 . Competency based pay structures can be somewhat vague or fuzzy . How would you explain core competencies to someone unfamiliar with the concept?

5. Competency based pay structures can be somewhat vague or fuzzy. How would you explain core competencies to someone unfamiliar with the concept? Which of the Frito-Lay (Exhibit 6.8) managerial competencies do you believe is most important and thus weighted most heavily? Why?

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