A Risk Falling Within a Yellow Zone on a Heat

question 21

Multiple Choice

A risk falling within a yellow zone on a heat map needs to be monitored closely, because it could:

• A) have moderate consequences, but be almost certain to occur.
• B) have severe consequences, even though it is a very unlikely to occur.
• C) have major consequences and possibly occur.
• D) have severe consequences and possibly occur.
• E) All of these responses are correct.

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Definitions:

Compensable Factor

A criteria used in job evaluation to determine the value of a job and its appropriate compensation.

Pay Grade

A classification system that defines the range of pay rates for different levels of jobs within an organization based on the job's relative value or complexity.

Pay Range

The spectrum of compensation that an organization is willing to pay for a particular position, from the minimum to the maximum salary.

Gender Bias

The unfair difference in treatment or attitudes toward individuals based on their gender, often favoring one gender over another.