Which of the Following Is NOT a Characteristic of a Benchmark

question 26

Multiple Choice

Which of the following is NOT a characteristic of a benchmark job?

• A)It is not unique to a particular employer.
• B)A reasonable proportion of the work force is employed in this job.
• C)The pay level is the best in the industry.
• D)The content of the job is relatively stable over time.

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Definitions:

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time, used in capital budgeting to assess the profitability of investments.

Capital Investment

Funds invested in a firm or enterprise for the purpose of furthering its business objectives, including purchase of physical goods or investment in projects.

Product Quality

The characteristics of a product that determine its ability to satisfy stated or implied customer needs and requirements.

Capital Investment

Funds spent by a company to purchase or upgrade physical assets such as property, plants, or equipment to improve its business.