A Compa-Ratio Less Than 1 Typically Means ________

question 50

Multiple Choice

A compa-ratio less than 1 typically means ________ .

• A) many employees are poor performers
• B) turnover is low
• C) there are relatively few new hires
• D) the majority of workers are long tenure

Recognize the importance of reliable and valid performance appraisal systems and familiarize with different appraisal methods.

Understand the difference and relationship between a job, work, and an organizational position.

Identify the six patterns people follow in defining work.

Understand the principles of scientific management and its impact on job design.

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Definitions:

Lease Payments

Regular payments made to lease or rent an asset, such as machinery or office space.

Annual Payment

A periodic payment made once a year, often related to financial agreements or obligations.

Discount Rate

The interest rate used to discount future cash flows to their present value, reflecting the time value of money and risk of the cash flows.

Future Cash Flow

Projected cash receipts and disbursements over a future period, indicating the amount of money expected to flow in and out of the business.