Which of the Following Is Not a Form of Utility

question 35

Multiple Choice

Which of the following is not a form of utility?

• A) Form utility
• B) Price utility
• C) Place utility
• D) Time utility
• E) Ownership utility

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Definitions:

Pay Surveys

Are surveys of compensation paid to employees by other employers in a particular geographic area, industry, or occupational group.

Internal Equity

The fairness with which an organization's compensation policies and practices distribute resources among its employees.

Source of Information

The origin from which data or knowledge is obtained.

Pay Compression

A situation where there is only a small difference in pay between employees regardless of their experience, skills, or seniority, often leading to dissatisfaction and motivational issues.