Likely Disadvantages of Person-Based Pay Plans Compared to Job-Based Include

question 71

Multiple Choice

Likely disadvantages of person-based pay plans compared to job-based include all of the following except:

• A) higher labor costs.
• B) a less flexible workforce.
• C) higher training costs.
• D) a smaller workforce.

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Definitions:

Paasche Price Index

A price index that measures the price changes between the current and base period by using the current period quantities as weights.

Doggerel

Doggerel denotes poorly written verse, often characterized by its triviality or nonsensical content.

Paasche Price Index

A price index that measures the change in the purchasing power of a basket of goods and services, using the current period consumption pattern as the weight.

Doggerel

Verse or words that are clumsily formed or expressed, often lacking in artistic value.