Effectiveness of their pay-for-performance plans

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1. Please clearly articulate, and provide any references for the following:

How could an organization measure the effectiveness of their pay-for-performance plans?

2. Strategic planning involves adapting the resources of the firm to the opportunities and threats of an ever-changing retail environment (Dunne and Lusch). What, in your opinion, makes strategic planning such a crucial aspect to retail management?

Reference no: EM131746633

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