Organizations that have specifically stated policies about where they wish to be positioned in the labor market use a _______________.
A)competitive-position strategy
B)quartile strategy
C)bench marking strategy
D)labor market strategy

Question

Quizplus · Accepted Answer

A quartile strategy refers to an organization's decision on where it wants to position itself in terms of pay relative to its competitors in the labor market. This can be in the first quartile (top 25%), second quartile (above average but not top), third quartile (below average), or fourth quartile (bottom 25%).

Organizations That Have Specifically Stated Policies About Where They Wish