A Decision Support System Is Used by Managers to

question 22

Multiple Choice

A decision support system is used by managers to

• A)justify decisions previously made.
• B)manipulate information in a variety of ways.
• C)objectively make decisions.
• D)provide a record of decisions made.
• E)archive transaction data for future reference.

Understand the role of consumer price index (CPI) and real wages in compensation management.

Grasp the basics of expectancy theory and its implications for motivation and compensation.

Appreciate the various sources and uses of wage survey data in establishing compensation levels.

Understand the legal and regulatory framework governing compensation, including employment standards acts and overtime regulations.