Which of the Following Is a Business Indicator of the Success

question 102

Multiple Choice

Which of the following is a business indicator of the success of the compensation system designed by the HR department of an organization?

• A) Competitiveness in the local labor market
• B) Ratio of average salary offers to average salary in community
• C) Relationship between pay and performance
• D) Employee satisfaction with pay
• E) Fairness of existing job evaluation system in assigning grades and salaries

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Definitions:

Discriminatory Effect

The negative impact of practices or policies that, intentionally or not, result in unfair treatment of certain groups.

Emotional Causes

The underlying emotional factors or triggers that lead to specific behaviors or psychological states.

Prejudice

Preconceived opinion or bias against an individual or group without sufficient knowledge, fair judgment, or factual basis.

Competition

The rivalry among sellers trying to achieve such goals as increasing profits, market share, and sales volume by varying the elements of the marketing mix: price, product, distribution, and promotion.