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Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
What is the two issues that affect an organization's decision-making process when it comes to developing its pay structure?
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Step 1
Organization can make more careful, intelligent decisions by organizing pertinent information and outlining alternatives by following a step-by-step decision-making process. Effective decision-making is absolutely necessary for the company to operate effectively. Organizations have benefited from the judgments that have been made over time on both quality and diversity. Quickly reaching sound conclusions enhances an organization's performance.
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