Which of the Following Is an Advantage of the Ranking

question 31

Multiple Choice

Which of the following is an advantage of the ranking method of evaluation?

• A)It frees the process of evaluation from subjectivity.
• B)It is fast, simple, and easy to explain.
• C)It does not require the evaluator to know about all jobs under study.
• D)It is best suited for a rapidly growing organization.
• E)It makes the criteria for evaluating jobs explicit.

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Definitions:

Total Dollar Return

The overall financial gain or loss on an investment, expressed in dollars, including dividends, interest, and capital gains.

Dividend Payments

Cash payments made by a company to its shareholders as a distribution of profits.

Variance

A statistical measurement of the dispersion of a set of data points, reflecting how much each number in the set differs from the mean.

Governor Cut-out

Governor cut-out is a mechanism in compressors or engines designed to disengage or reduce fuel supply once a predetermined speed or pressure is reached, to prevent over-speeding.