When an organization is using concentration strategy, it will _____.A. have short-run pay levels below the marketB. have a long-term orientationC. make centralized pay decisionsD. maintain high variable pay levelsE. have benefit levels below the market

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02-04-2019
Business

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When an organization is using concentration strategy, it will _____.A. have short-run pay levels below the marketB. have a long-term orientationC. make centralized pay decisionsD. maintain high variable pay levelsE. have benefit levels below the market

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MrsTriplet MrsTriplet · Answer 1 · 2019-04-07T03:09:56+02:00

When an organization is using concentration strategy, it will C. make centralized pay decisions.

A concentration strategy is is when a business focuses on a single market or product for them to produce. They are producing and marketing only one product so they are able to become experts in that area. However, with the investment into just one area, there is a large amount of risk if they do not succeed.