Internal Equity Refers to the ________

question 83

Multiple Choice

Internal equity refers to the ________.

• A) list of the knowledge, skills, and abilities required in a particular job
• B) arrangement of the elements of different jobs in the organization
• C) worth of the job to the organization
• D) organization's pay relative to pay elsewhere in its industry
• E) framework of tasks, duties, and responsibilities that the job involves

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Definitions:

Operating

Refers to the day-to-day activities involved in running a business that are essential for generating revenue.

Financing

The process of providing funds for business activities, making purchases, or investing, including obtaining loans or issuing stocks.

Investing

Assigning financial resources with the aim of realizing a return or gaining profits.

Purchase of Stock

The act of buying shares in a company, either through a stock exchange or directly from the company.