Which of the Following Is an External Factor That Can

question 18

Multiple Choice

Which of the following is an external factor that can influence the rates at which employees are paid?

• A)The worth of the job
• B)The employees' relative worth
• C)The employer's ability to pay
• D)Cost of living

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Definitions:

Freight Visibility

The ability to track and monitor freight throughout its journey from origin to destination in real time.

Cellular Networks

Communication networks where the last link is wireless, commonly used for mobile phone and data transmission.

Tendering

A formal process where bids are invited from interested contractors to carry out specific packages of work, services, or to supply goods.

Total Cost Management

A comprehensive approach to managing and reducing costs throughout an organization, emphasizing continuous improvement and value for money.