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17 January, 03:46

Teno industries inc. is a manufacturing company based in texas. in the year after teno industries implemented a comparable-worth policy, its expenses increased, and as a result, profits declined. what difficulty of comparable-worth policies does this example illustrate?

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  1. 17 January, 04:24
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    One of the difficulties of the comparable-worth policy is that, since it pays differing rates based upon the worth of the job to the overall importance of the business, it can put a company at a disadvantage when compared to businesses that only pay the base market rate for the same position. It can lead to, as shown in the example, increased expenses for the business.
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