What Is Software

question 21

Multiple Choice

What is software?

• A) Any computer-based tool that people use to work with information and support the information and information-processing needs of an organization
• B) The set of instructions that the hardware executes to carry out specific tasks
• C) Consists of the physical devices associated with a computer system
• D) An electronic device operating under the control of instructions stored in its own memory that can accept, manipulate, and store data

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Definitions:

Hay Plan

A method of job evaluation developed by the Hay Group that assesses positions on the basis of know-how, problem-solving ability, and accountability to determine relative worth.

Executive Jobs

Professional positions with significant decision-making responsibilities often within the higher levels of an organization's hierarchy.

Job Evaluation Method

A systematic process used to determine the relative worth of jobs within an organization, often as a basis for establishing pay scales.

Merit Pay

A pay system where employee compensation is based on performance as measured through appraisals and achievements, rather than seniority or hours worked.