_____ comparisons may be more important when attracting and retaining qualified employees is difficult,and when the costs of recruiting replacements are high.
A)Labour market
B)International
C)Product market
D)Commodity market

Question

Quizplus · Accepted Answer

Labour market comparisons are relevant when a company is facing challenges with attracting and retaining qualified employees, as they can help to determine if the company's compensation and benefits packages are competitive with those offered by industry rivals. This is particularly important when recruiting replacements is expensive, as it can be more cost-effective to ensure that existing employees are satisfied and motivated to stay with the company. International comparisons may also be relevant in some cases, but are not mentioned as being more important in the given scenario. Product market and commodity market comparisons are not as directly related to attracting and retaining employees.

_____ Comparisons May Be More Important When Attracting and Retaining