MGT 308 Quiz #5

Which of the following is the underlying assumption in the assessment of job content? a. Content has intrinsic value outside external market. b. Content has no artistic value. c. Stakeholders are the best judge for assessing the quality of content. d. Content can be determined with or without external market.

a. Content has intrinsic value outside external market.

Which of the following is NOT true of the usage of multiple plans versus single job evaluation plans? a. Employers rarely evaluate all jobs in the organization at one time. b. Many employers design different evaluation plans for different types of work. c. Typically, a related group of jobs is used for evaluation. d. A single universal plan is acceptable to employees if the work covered is highly diverse.

d. A single universal plan is acceptable to employees if the work covered is highly diverse.

In the context of internal alignment, which of the following is the correct sequence? a. Job description > Pay structure > Job evaluation b. Job evaluation > Job description > Job structure c. Pay structure > Job description > Job evaluation > Job analysis d. Job description > Job evaluation > Job structure

d. Job description > Job evaluation > Job structure

The exchange value of a job is its _____. a. content value b. performance value c. internal market value d. external market value

d. external market value

The _____ method of job evaluation is the most commonly used method in the United States and Europe. a. ranking b. factor comparison c. classification d. point

d. point

Research shows that skills, one of the compensable factors, accounts for _____ percent or more of the variance in job evaluation results. a. 90 b. 70 c. 55 d. 42

a. 90

Which of the following statements is true of a job evaluation plan? a. It is developed using benchmark jobs and then applied to non-benchmark jobs. b. It excludes the pay decisions made by a company. c. It provides the impetus to increase job levels and titles. d. It is always carried out separately for major domains of work.

a. It is developed using benchmark jobs and then applied to non-benchmark jobs.

MXB Inc. is a carwash service provider. It orders the jobs in the company on the basis of the least important job to the most important job. In this case, MXB is most likely using a(n): a. alternation-ranking method. b. paired-comparison method. c. classification method. d. point method.

a. alternation-ranking method.

Common characteristics of the point method include all of the following EXCEPT: a. benchmark factor classes. b. numerically scaled factor degrees. c. factor weights. d. compensable factors.

a. benchmark factor classes.

_____ are more likely to conduct job evaluations of senior management jobs. a. Compensation analysts b. Compensation managers c. Peers d. Junior incumbents

b. Compensation managers

In the context of the point method of job evaluation, _____ are those characteristics in the work that an organization values; that help it pursue its strategy and achieve its objectives. a. competitive skills b. compensable factors c. core competencies d. benchmark factors

b. compensable factors

According to a WorldatWork survey, the primary method of job evaluation is _____. a. ranking b. market pricing c. the point method d. the classification method

b. market pricing

_____ is the process of systematically determining the relative worth of jobs for the purpose of creating an organization's job structure. a. Performance evaluation b. Job restructuring c. Job evaluation d. Point factor evaluation

c. Job evaluation

The _____ method of job evaluation uses compensable factors. a. classification b. Position Analysis Questionnaire c. point d. ranking

c. point

KayDen Corp., a small organization with 15 employees, conducts job evaluation using the least expensive method for the first time. In this case, KayDen is most likely to have used the _____. a. classification method b. point method c. ranking method d. hay plan

c. ranking method