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The Hay Profile Method Is Useful for Evaluating Jobs of All

question 90

True/False

The Hay profile method is useful for evaluating jobs of all types and levels.


Definitions:

Cost Center

is a segment of a business that does not directly generate revenue but incurs costs, like a human resources department.

Generates Revenues

The process through which a business earns income from its normal operations, typically through the sale of goods and services.

Profit Center

A unit or department that incurs costs and generates revenues.

Revenue Center

A division or unit within a business responsible for generating significant income.

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