Which of the Following Is a Disadvantage of Ranking Using

question 16

Multiple Choice

Which of the following is a disadvantage of ranking using paired-comparison method for performance measurement?

• A) It does not provide a scope for interpretation.
• B) It is time consuming.
• C) It leads to controversy.
• D) It does not support decisions about how to distribute pay raises.
• E) It tends to evaluate behavior more strictly than other methods.

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Definitions:

Monopolist

An individual or company that holds a monopoly in a particular market, controlling the supply of a product or service and potentially its price.

Railroad

A mode of land transportation involving trains running on tracks to transport passengers or goods across various distances.

Market Price

The price at which a product or service is bought and sold in the competitive marketplace.

Upstream Monopolist

A firm that controls the supply of essential raw materials or components before they are processed or utilized in the production of finished goods.