Which of the Following Is True of the Factor-Comparison Method

question 66

Multiple Choice

Which of the following is true of the factor-comparison method of job evaluation?

• A) In this method, descriptions of each group of jobs are written and then each job is put into a grade according to the group it best matches.
• B) It is time-consuming and difficult to use, which accounts for its limited popularity in organizations.
• C) It uses subjective judgments to develop the class descriptions and to place jobs accurately in them.
• D) It is a qualitative method that combines the classification and ranking methods.

Understand the relationship between educational level, brain health, and disease symptoms.

Understand the concept of enriched environments and their impact on the brain.

Comprehend the age-related effects of enriched environments on brain development and function.

Understand the conditions under which a shareholder may petition for corporate dissolution.

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Definitions:

Profit-Maximizing Level

The production output level at which a business achieves the highest possible profit, where marginal cost equals marginal revenue.

Total Labor Cost

The complete expenditure incurred by an employer for the compensation of employees, including wages, benefits, and taxes.

Profit-Maximizing Level

The point at which a company can achieve the highest profit, where marginal revenue equals marginal cost.

Total Revenue

The entire amount of income generated by the sale of goods or services before any expenses are subtracted.