The Job Evaluation Method That Rates Each Job Relative to All

question 76

Multiple Choice

The job evaluation method that rates each job relative to all other jobs, usually based on some overall factor like "job difficulty,"is the

• A)critical incidence method.
• B)factor comparison method.
• C)classification method.
• D)point method plan.
• E)ranking method.

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Definitions:

Supply Chain Network Design

The strategic planning and setup of a network of interconnected businesses involved in the provision of product and service packages required by end customers.

Financial Analysis

The process of evaluating businesses, projects, budgets, and other finance-related entities to determine their performance and suitability.

Sensitivity Analysis

A technique used to determine how different values of an independent variable affect a particular dependent variable under a given set of assumptions.

Estimates of Inputs

Projections or calculations regarding the amount or type of resources (like raw materials, labor, and capital) required to achieve a certain production output.