Dion, an HR Manager, Is Developing a New Compensation System

question 69

Multiple Choice

Dion, an HR manager, is developing a new compensation system that links pay to factors that are present to varying degrees in the organization.The goal is that dissimilar jobs which are equivalent in terms of knowledge, skills, and abilities are paid similarly.This project is an application of

• A)comparable worth.
• B)glass ceiling.
• C)adverse discrimination.
• D)work equivalencies.
• E)disparate impact.

---

Definitions:

Monopolist

An individual or entity that holds exclusive control over the supply of a particular good or service, often characterized by the absence of competition.

Produced Output

The total quantity of goods or services created by a production process.

Industry

The collective group of businesses and activities involved in the manufacture, production, or supply of goods and services.

Pure Monopolist

A market structure in which a single producer or company has exclusive control over the supply of a particular good or service, without any close substitutes.