Running head: BMW1BMWNameInstructorInstitutionCourseDateBMW2BMW company overviewBMW of North America, LLC (BMW NA) was initially founded in 1975 as the UnitedStates major importer of BMWs performance vehicles. BMW NA took up shipping in anddispensation responsibilities for the BMW motorcycles in 1980 as well as the distribution of lighttrucks in 1999. BMW of North America's Corporate has its headquarters in Woodcliff Lake,New Jersey: Regional Headquarters and Technical Training Center of the eastern region inWoodcliff Lake, New Jersey. The Vehicle Preparation Center in Port Jersey, NJ and finally hasa Regional Distribution Center in Nazareth, PA. The companys international headquarters is inMunich Germany. BMW is a luxurious product offered at a premium price. The companysmission statement is one that promises exceptional customer experience. BMW has been rated asthe most maintained automobile manufacturer globally. The company is bent of providingefficient vehicles that reduce consumption and emission rates by as much as 30% (Companyinformation).IntroductionCompensation strategy is a vital aspect in all business platforms. For an organization tomaintain its competitive stance, an effective compensation strategy needs to be employed.Compensation strategy keeps businesses afloat as it provides for the assessment of the businessesfinances to determine compensation to be awarded for the tasks being undertaken. Compensationpackages can ...
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