ch 7 TB
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Which of the following statements is true of pay level? A) Pay level is the same across all organizations for the same job. B) The higher the pay level relative to what competitors pay, the lower the relative costs to provide similar products or services. C) Pay level is directly proportional to labor costs. D) Pay level is independent of the number of employees in an organization.
C
________ refers to the average of the array of rates paid by an employer. A) Revenue margin B) Remuneration C) Compensation D) Pay level
D