Problem
Read "Multi-Products Corporation" case in the Appendix and answer the questions listed below.
Question A
Determine the managerial strategy that would be the most effective for this firm and provide specific examples to support your choice.
What reward and compensation strategy would fit this managerial strategy? Provide examples to support your choice?
What problems, if any, might you encounter in using the managerial strategy?
Question B
Analyze the case and determine what would be the most appropriate method of determining base pay. What factors led you to the choice you made?
Question C
Determine the required behaviour at "Multi-Products Corporation".
Question D
What is your assessment of the compensation system? What should the most affective compensation system be in order to meet the criteria for effectiveness and fairness?