ExamVeda
Login
Home

In Factor Comparison method each factor is ascribed a

This question belongs to Management Human Resource Management (HRM)
Human Resource Management (HRM)
?

In Factor Comparison method, each factor is ascribed a

Answer & Solution
Correct Answer: Option A
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.
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.
Keep Learning

Related Questions on Human Resource Management (HRM)

The meaning of the acronym HRM is
A. Human Relations Management B. Humanistic Resource Management C. Human Resource Management D. Human Resourceful Management
HRM is___________
A. A staff functions B. A line function C. A staff function, line function and accounting function D. All of the above
Finding ways to reduce ________ is a key responsibility of management.
A. Dissatisfaction B. Uncertainty C. Stress D. None of the above
The ________ and control systems should be altered to support the strategic human resource function.
A. Appointment B. Reward C. Job allotment D. None of the above
More Related Questions on Human Resource Management (HRM)