Which of the Following Administrative Tools Is Used by Organizations

question 81

Multiple Choice

Which of the following administrative tools is used by organizations to design job structures?

• A)Benchmarking
• B)Job evaluation
• C)Market pay survey
• D)Job analysis
• E)Job rotation

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Definitions:

Days In Inventory

A financial ratio that indicates the average number of days a company holds inventory before selling it.

Inventory Turnover

A financial metric that measures the number of times a company sells and replaces its stock of goods during a particular period.

Financial Statements

Official records that detail the financial activities and position of a business, individual, or other entity.

Marketability

The ease with which a product or service can be sold in the market.