Grenstall Inc

question 40

Multiple Choice

Grenstall Inc., a software development firm, has adopted a new job-evaluation system in which managers are asked to objectively quantify the value of eight to ten compensable factors of each job in the organization. These compensable factors are based on their importance to that particular job and may include skill, physical effort, mental effort, and responsibility so forth. In this system, jobs are compared against a standard of key ratings. Which of the following job-evaluation systems is Grenstall Inc. most likely using in the given scenario?

• A) The market-basket analysis method
• B) The classification system
• C) The factor-comparison method
• D) The point system

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Definitions:

Expectancy Model

A psychological theory stating that an individual’s motivation is based on the expectation of desired outcomes and the value they place on those outcomes.

Errors

Mistakes or inaccuracies in actions, calculations, or judgments.

Expectancy

The anticipation or belief about the likelihood of an event occurring in the future.

Perceived Relationship

The subjective understanding or interpretation of the nature, quality, and dynamics of a connection between entities.