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Which One of the Following Uses the Number of Units

question 36

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Which one of the following uses the number of units of an input factor in its assessment of productivity?


Definitions:

Point Method

A job evaluation system where different aspects of a job are broken down into factors, each of which is then assigned a score or point value to determine relative worth.

Point Scores

A method used in job evaluation that assigns numeric scores to different aspects of a job's requirements to assess its relative worth.

Correlation Coefficient

A numerical measure that indicates the degree and direction of a relationship between two or more variables, with values ranging between -1 and 1.

Market Pay Line

A graphical line in a compensation analysis showing the relationship between the job's importance or level and the average market pay rate for that job.

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