If a company uses a differentiation strategy,what is it more concerned with relative to equity with the external market?

A) pay structures
B) compensation strategy
C) pay for performance
D) internal equity

Differentiation Strategy

A business approach where a company provides unique, distinct products or services to stand out from competitors in the market.

Pay Structures

The framework within an organization that defines the pay rates for different roles, levels, or categories of jobs, often structured to ensure equity and fairness among employees.

Compensation Strategy

A plan or approach an organization uses to determine how to reward employees effectively and fairly based on job roles, market standards, and performance.