A consultant report stated that employees in the retail sector were paid well below the market rate and employers should take immediate steps to correct this discrepancy. From the employer’s perspective, briefly explain why employees should be paid above the market rate and discuss the consequences of adopting such a strategy. Use examples to illustrate your argument

Royal motor corp. generates a major portion of its revenues by manufacturing luxury sports cars. however, the company also derives an insignificant percent of its annual revenues by selling its sports merchandise that includes apparel, shoes, and other accessories under the same brand name. which of the following terms best describes royal motor corp.? a. aconglomerate b. a subsidiary c. adominant-businessfirm d. a single-business firm