All Free Management Sciences MCQs with Answers

• A. compensable factors
• B. intuitive factors
• C. logical factors
• D. comprehensive factorsMcqs Website Access

Explanation: Compensable factors are the basic job attributes used in job evaluation, such as skill, effort, responsibility, and working conditions.

• A. less branding
• B. broad banding
• C. competency model
• D. skill based pay model

Explanation: Broad banding combines many narrow salary grades into a small number of wide pay bands.

• A. the qualification only
• B. the job itself
• C. the skills and knowledge only
• D. the training completed only

Explanation: A job's pay rate is primarily based on the value, duties, responsibilities and working conditions of the job itself.

• A. combine ratings
• B. rank jobs
• C. selecting compensable factors
• D. select and group jobsTry Asset Software

Explanation: Grouping jobs into defined categories or levels reduces the need to compare every job directly with every other job.

• A. job classification
• B. point method
• C. alternative ranking method
• D. aligned reward strategy

Explanation: Job grading is another name for job classification because jobs are placed into predefined grades or classes according to their duties and…

• A. grades
• B. classes
• C. rows
• D. columnsGet Executive Coaching

Explanation: In job classification, a class is a group of jobs with similar duties, responsibilities and requirements.

• A. problem solving
• B. creativity
• C. all of above
• D. technical knowledge and expertise

Explanation: Professional jobs commonly receive compensation consideration for technical expertise, creativity and problem-solving responsibility.

• A. creativity
• B. problem solving
• C. training
• D. Both A and BMcqs Website Access

Explanation: Engineers and scientists usually perform analytical work that depends on both creative thinking and problem-solving ability.

• A. salary
• B. bonuses
• C. commissions
• D. stock options for employees

Explanation: Base salary forms the stable foundation of an executive's compensation package, while bonuses, commissions and stock options are variable…

• A. salary survey
• B. benchmark jobs
• C. permanent job
• D. temporary jobHire Resume Writers

Explanation: A benchmark job is a well-known, stable job whose duties and market value can be used to compare and arrange the relative worth of other…

• A. logical factors
• B. comprehensive factors
• C. compensable factors
• D. intuitive factors

Explanation: Compensable factors are job characteristics that justify differences in pay, such as required skills, responsibility and working…

• A. job evaluation
• B. job specification
• C. job description
• D. job analysis

Explanation: Job evaluation determines the relative worth of jobs by comparing their duties, responsibilities and requirements.

• A. secondary equity
• B. individual equity
• C. primary equity
• D. collective equity

Explanation: Individual equity concerns whether an employee's pay is fair compared with the pay of other employees within the same firm.

• A. direct financial payments
• B. indirect financial payments
• C. Both A and B
• D. paid bonuses

Explanation: Pay rates are part of direct financial compensation, while benefits such as insurance are indirect financial compensation.

• A. equity theory of compression
• B. equity theory of salaries
• C. equity theory of wages
• D. equity theory of motivation

Explanation: Equity theory of motivation says employees compare their contributions and rewards with those of others and seek a fair balance.

• A. aligned reward strategy
• B. performance appraisal
• C. HR strategy
• D. aligned compensating strategy

Explanation: An aligned reward strategy creates a coordinated package of financial and nonfinancial rewards that supports organizational goals.

• A. long-term incentives
• B. executive perks
• C. short-term benefits
• D. job ranking

Explanation: Supplemental insurance plans are commonly listed among executive perks, which are special benefits provided to senior executives in…

• A. complexity in training
• B. complexity in hiring
• C. job complexity
• D. complexity in recruitment

Explanation: Span of control and an executive's management level reflect the complexity and scope of the job itself.

• A. bonuses compression
• B. incentive compression
• C. aligned reward strategy
• D. salary compression

Explanation: Salary compression occurs when newly hired employees receive pay equal to or higher than that of experienced senior employees, often…

• A. short-term incentives
• B. long-term incentives
• C. pay scale
• D. ranking jobs

Explanation: Short-term incentives, such as cash bonuses and stock awards tied to annual or immediate targets, reward performance over a short period.