Question: The first step in developing the total compensation strategy involves:A . specifying the four policies on alignment, competitiveness, contributions, and management.B . implementing the strategy

The first step in developing the total compensation strategy involves:A. specifying the four policies on alignment, competitiveness, contributions, and management.B.implementing the strategy through the design of the compensation system.C. understanding the industry in which the organization operates and how it plans to compete.D. recognizing that the compensation strategy must change to fit changing conditions.E. setting objectives on alignment, competitiveness, contributions, and management

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