Week 06 Business Capstone Project - Compensation and Pricing
in apa format please answer the questions and give refrences
If an organization decides to hire employees, the decision must be made about the compensation method. In addition, you must be able to determine how to price a good or service to be competitive. Assume that you decide to hire employees for your project. Prepare a brief essay that addresses the following:
- How do you determine the proper pay scale for the employees?
- How do you determine pricing for your company to be competitive and yet profitable?
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