Which of the Following Would NOT Be a Problem with Merit

question 100

Multiple Choice

Which of the following would NOT be a problem with merit raises?

• A) if they are based upon objective, measurable criteria
• B) if they are based upon the rise in the cost of living
• C) if they are based on subjective performance appraisals
• D) if they are tied to the length of service of the employee

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Definitions:

Quality Goal

A quality goal is an objective set by an organization to maintain or enhance the standard of their products or services to meet or exceed customer expectations.

Financial Return

The profit or loss generated on an investment over a specific period, often expressed as a percentage of the investment's cost.

ROI

Return on investment; a measure of the profitability of an investment expressed as a percentage of the initial amount invested.

Profit Goals

Specific financial targets that a company aims to achieve within a certain period, often measured in terms of net income or margin percentages.