A(n) _____ Clusters Jobs into Categories Reflecting Their Relative Importance

question 8

Multiple Choice

A(n) _____ clusters jobs into categories reflecting their relative importance to the organization and its goals, levels of skill required, and other characteristics managers consider important.

• A)employee grade
• B)pay structure
• C)job analysis
• D)job description
• E)simulated structure

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Definitions:

Purchase Requisitions

Formal requests made within an organization to procure goods or services.

Cost Drivers

Factors that cause the cost of an activity to go up or down, such as the volume of production activity.

Return on Investment

A measure used to evaluate the efficiency of an investment or to compare the efficiencies of several investments.

Divisional Performance Measure

Metrics or standards used to evaluate the efficiency, profitability, and productivity of a distinct segment or division within a larger company.