Scenario 9.2 Calendar "R" Us Ltd. Is a Small Firm That Manufactures

question 18

Multiple Choice

Scenario 9.2
Calendar "R" Us Ltd. is a small firm that manufactures yearly calendars with a specific focus on middle and high schools in Alberta. They started operations back in 2006 with just 12 employees, two machines, and a small warehouse that served as an office and production and storage facilities. Today, Calendar "R" Us has roughly 60 employees and supplies its calendars to most middle and high schools in Alberta. When employees join they are paid based on their relationship with the owners. Given the rapid growth in its staff complement, and the arbitrary way in which it normally compensates employees, payroll has proven to be quite a challenge for the company as management looks to expand into other provinces.
-Refer to Scenario 9.2. Calendar "R" Us jobs range from management to administrative, to clerical to production to packing to delivering. Which of the following would be key to evaluating the worth of each job category?

• A) avoiding the use of job evaluation to establish wage structure
• B) evaluating the job based on market price
• C) evaluating the job based on total value delivered to the organization
• D) comparing each job with a competitor in the market

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Definitions:

AutoSum Button

A feature in spreadsheet programs that automatically calculates the sum of a selected row or column with a single click.

Function

A named section of a program that performs a specific task and can return a value.

Absolute Cell Reference

In spreadsheet applications, a cell reference that remains constant even if the formula containing it is copied to another cell.

Relative Cell Reference

In spreadsheet applications, a cell reference that changes when it is copied or moved to another cell, adjusting its position relative to the new location.