The Compensable Factors That Are Selected Are Not Likely to Be

question 32

Multiple Choice

The compensable factors that are selected are not likely to be equal in importance to your firm. Which step in developing a job evaluation system using the point method recognizes this variation in importance?

• A) Defining the factors
• B) Weighting the factors
• C) Scaling the factors
• D) Testing the system

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Definitions:

Late Majority

A category of consumers that rely on others for information, buying a good or service because others have already done so.

Customer Service

The support and assistance provided by a company to those who buy or use its products or services.

Product Life Cycle

The progression of a product through different stages from introduction to growth, maturity, and decline in the market.

Laggard

Term used to describe a person, organization, or entity that is slow to adopt new technologies, practices, or innovations, often resistant to change.