Examveda
Examveda

In Factor Comparison method, each factor is ascribed a

A. Money value

B. Ranking

C. Scale

D. None of the above

Answer: Option A

Solution(By Examveda Team)

In Factor Comparison method, each factor is ascribed a Money value. Factor comparison is systematic and scientific method designed to carry out job evaluation which instead of ranking job as a whole, ranks according to a series of factors. The aim of factor comparison is to assign financial value to the relative parts of each job role.

This Question Belongs to Management >> Human Resource Management (HRM)

Join The Discussion

Related Questions on Human Resource Management (HRM)

HRM is___________

A. A staff functions

B. A line function

C. A staff function, line function and accounting function

D. All of the above