Which Statement Best Describes the Difference Between Pay for Knowledge

question 7

Multiple Choice

Which statement best describes the difference between pay for knowledge systems (PKS) and job-based pay systems?

• A) Pay for knowledge systems involve basing pay on the capabilities of individuals,and job-based pay is based on the characteristics of the job.
• B) Pay for knowledge systems are applied to managerial employees,and job-based pay is applied to operational-level employees.
• C) Pay for knowledge systems are more widely used by Canadian firms than job-based pay systems,
• D) Pay for knowledge systems involve low training costs and are easier to administer than job-based pay systems,

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Definitions:

Means to End

A method or action carried out for the purpose of achieving a specific goal or outcome.

Deontological

Pertaining to an ethical theory that suggests the morality of an action should be based on whether the action itself is right or wrong under a series of rules, rather than based on the consequences of the action.

Utilitarian

Pertaining to the ethical theory that the best action is the one that maximizes utility, generally defined as that which produces the greatest well-being of the greatest number of people.

Amoral

Lacking a moral sense; unconcerned with the rightness or wrongness of something.