In Order for Organizations to Minimize the Problems of Merit

question 57

Multiple Choice

In order for organizations to minimize the problems of merit raises,they should use:

• A) labor market comparisons.
• B) employee input.
• C) merit guidelines.
• D) the opinions of several managers.

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Definitions:

Three-Dimensional Data

Information or data represented in a format that includes depth along with height and width, creating a perception of physical structure.

Stock Chart

A graphical representation of a stock's price movements over time, used by investors to analyze stock behavior and make investment decisions.

Bubble Chart

A data visualization tool that displays multiple circles (bubbles) in a two-dimensional plot to represent the values of three variables for each observation; the position of each bubble on the horizontal and vertical axes indicates two of the values, while the size of the bubble represents the third.

Categorical Data

Data that represent characteristics and can be divided into groups or categories, which are not numerically quantifiable.