Which of the Following Is True of the Point Factor

question 90

Multiple Choice

Which of the following is true of the point factor method of job evaluation?

• A) In this method, descriptions of each class of jobs are written and then each job is put into a grade according to the class it best matches.
• B) It is a complex quantitative method that combines the ranking and classification methods.
• C) It looks at compensable factors in a group of similar jobs and assigns weights to them.
• D) It is a simple system that places jobs in order, from highest to lowest, by their value to the organization.

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Definitions:

Marginal Product

Marginal product is the additional output resulting from the use of one more unit of a variable input, holding other inputs constant.

Fertilizer

Substances used to supply essential nutrients to plants, aiming to enhance growth, yields, and quality of agricultural produce.

Bushels

A unit of volume that is used in dry measure, equal to 32 quarts or approximately 35.2 liters.

Price

The price required to be paid for a product or service.