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Exam (elaborations)

MGT4002 TEST 3 QUESTIONS AND ANSWERS | VERIFIED

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MGT4002 TEST 3 QUESTIONS AND ANSWERS | VERIFIED

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MGT4002 TEST 3 QUESTIONS AND ANSWERS |
VERIFIED


Question 1
Job ranking is a type of job evaluation that involves reviewing
job descriptions and listing the jobs in order, from highest to
lowest worth to the company.
Question 1 options:
True
False

Question 2
occurs when each job in a company is valued
appropriately relative to every other job in terms of its ability
to help the firm achieve its goals.
Compensation alignment
Internal alignment
External alignment
Internal equity

Question 3
A type of job evaluation that involves developing broad
descriptions for groups of jobs that are similar in terms of their
tasks, duties, responsibilities, and qualifications for the
purpose of assigning wages is called a .
pay evaluation
job ranking
job classification
point method

Question 4
A is a quantitative type of job evaluation that involves
ranking benchmark jobs in relation to each other on each of
several factors, such as mental requirements, physical
requirements, skill, responsibility, and working conditions, and
then assigning a portion of the hourly rate for each job to each

, factor.
job grade

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