Which of the Following Is True About Rankings

question 66

Multiple Choice

Which of the following is true about rankings?

• A) They cannot be used with open-ended items
• B) They cannot be used with close-ended items
• C) They require the respondent to rank order a set of responses
• D) Ranking is an easy task for respondents

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Definitions:

Productive Assets

Assets that directly contribute to the production and income generation in a business, such as machinery, buildings, and equipment.

Incentive Schemes Systems

Programs designed to motivate and reward employees for meeting or exceeding performance and productivity targets.

Goal Congruence

The alignment of the objectives of individuals or groups with the broader goals of the organization to ensure everyone works towards the same targets.

Value-based Management

A management approach that focuses on creating maximum value for shareholders and customers by basing decisions on their potential to increase value.