Which of the Following Is a Quantitative Job Evaluation Procedure

question 27

Multiple Choice

Which of the following is a quantitative job evaluation procedure that determines a job's relative value on the basis of quantitative assessments of specific job elements?

• A) the point system
• B) job ranking
• C) the factor comparison method
• D) the job grade system

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Definitions:

Dominant Shares

Refers to the largest portion of market share controlled by one company, product, or entity, often indicating a position of market leadership or monopoly.

SBUs

Strategic Business Units, which are smaller entities within a larger corporation that operate as separate profit centers.

Quadrant A

Often part of a matrix or chart classification system, Quadrant A could refer to a specific sector defined by two variables used in strategic analysis or planning.

BCG Business Portfolio

A strategic analysis tool developed by the Boston Consulting Group that categorizes a company’s business units or products based on their market growth rate and market share.