Which of the Following Are Three Major Factors of the Hay

question 9

Multiple Choice

Which of the following are three major factors of the Hay plan?

• A)Know-how, problem solving, accountability.
• B)Problem solving, job rank, accountability.
• C)Know-how, interpersonal skills, problem solving.
• D)Physical demands, interpersonal skills, working conditions.
• E)Education, experience, interpersonal skills.

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Definitions:

Financial Performance

The measure of an organization's profitability, revenue, expenses, and overall financial health over a specific period.

Legal Compliance

Adherence to laws, regulations, standards, and ethical practices applicable to an organization's operations.

Return on Sales

A financial ratio that calculates the amount of profit generated as a percentage of total sales, indicating the efficiency of a company's operations.

Quality Service

The measure of how well a delivered service matches customer expectations, often characterized by efficiency, reliability, and customer satisfaction.