Which of the Following Is a Major Drawback to the Point

question 115

Multiple Choice

Which of the following is a major drawback to the point method of job evaluation?

• A)It is too complex to implement in most organizations.
• B)It is too simple to apply to complex jobs.
• C)It reinforces traditional organizational structures.
• D)It is available only through the Hay Group.

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Definitions:

Gross Profit Percentage

A financial indicator that calculates the percentage of income remaining from sales after subtracting the cost of goods sold.

Fixed Costs

Expenses that do not change with the level of goods or services produced by a business, such as rent or salaries.

Cost Of Goods Sold

an accounting term representing the direct costs attributable to the production of the goods sold in a company, including materials and labor costs.

Sales Presentations

The practice of showcasing a product or service to potential or existing customers to make a sale or reinforce business relationships.