Which of the Following Is True of the Ranking Method

question 91

Multiple Choice

Which of the following is true of the ranking method of job evaluation?

• A) In this method, descriptions of each class of jobs are written and then each job is put into a grade according to the class it best matches.
• B) It is a complex quantitative method that combines the classification and point factor methods.
• C) It looks at compensable factors in a group of similar jobs and assigns weights, or points, to them.
• D) It is a simple system that places jobs in order, from highest to lowest, by their value to the organization.

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Definitions:

ANOVA

Analysis of Variance, a statistical method used to assess whether there are significant differences between the means of three or more groups.

MST

An abbreviation that could refer to multiple subject terms, one common being Minimum Spanning Tree, a concept in graph theory used to minimize the path lengths connecting all points in a network.

MSE

Mean Squared Error, a measure of the quality of an estimator—it is always non-negative, and values closer to zero are better.

Horticulturist

A professional or expert involved in the practice of horticulture, focusing on the cultivation of plants for food, comfort, and aesthetic purposes.