The Primary Usefulness of Job Evaluation Is

question 25

Multiple Choice

The primary usefulness of job evaluation is:

• A) that it acts as a measurement tool for job performance.
• B) that it provides a framework for exchange of views.
• C) that it acts as a the basis of any bargaining agreement.
• D) that it provides the basis to assess competitive strength(s).

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Definitions:

Dissolved

The process of formally ending the existence of a business, partnership, or corporation.

Interest Rate

The percentage of an amount of money charged for its use per a certain period.

Perpetuity

A type of annuity that generates an infinite series of payments into the future, without an end date.

Present Value

The value now of a future monetary total or cash flows, based on an established return rate.