Which of the Following Statements Is Most Likely True About

question 65

Multiple Choice

Which of the following statements is most likely true about the ranking method of job evaluation?

• A)Jobs are typically ranked based on the whole job.
• B)Several compensable factors are commonly used to rank jobs.
• C)The ranking method is typically more time consuming than other methods.
• D)Ranking is usually appropriate for large employers because of the method's cost.

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Definitions:

Distributorship

An arrangement within a supply chain where a firm is authorized to distribute a manufacturer's products in a particular territory.

Franchise

A license that allows the franchisee access to a business's proprietary knowledge, processes, and trademarks, enabling the franchisee to sell a product or service under the business's name.

Example

An instance or case used to illustrate or explain a rule or principle.

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders; it has its own rights, privileges, and liabilities distinct from those of its members.