Boyce Dynamics, a U

question 3

Multiple Choice

Boyce Dynamics, a U.S.maker of LED flashlights, fills unsolicited orders from foreign buyers.It has not proactively investigated international trade options.Boyce Dynamics is best categorized as a ________.

• A)regular exporter
• B)non-exporter
• C)sporadic exporter
• D)domestic exporter

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Definitions:

Compensable Job Factor

Elements of a job that are considered when determining pay, such as skill level, effort, responsibility, and working conditions.

Internal Equity

In compensation refers to comparisons made by employees to other employees within the same organization.

Classification System

The classification system for job evaluation attempts to group sets of jobs together into clusters, which are often called grades.

Job Evaluation

The process of analyzing and assessing various jobs systematically to ascertain their relative worth in an organization.