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Management Sciences 5307 MCQs [All-Courses]

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Management Sciences focuses on the planning, organizing, leading, and controlling of resources to achieve organizational goals.This subject is highly important for competitive exams, academic study, and professional careers in the business and public sectors.

All Topics  5307

The workers with the manual jobs are mostly paid as?
A pay plan based on knowledge
B pay plan based on skills
C pay plan based on tenure
D pay plan based on performance
Correct Answer: pay plan based on skills
An employee’s salary paid for his skills and knowledge is called?
A competency based pay
B time based pay
C internship based salary
D training based pay
Correct Answer: competency based pay
The process of establishing the pay rates includes an ensuring is called?
A internal equity
B external equity
C procedural equity
D all of above
Correct Answer: all of above
The second step in pay rate establishment is to ensure the?
A internal equity
B external equity
C procedural equity
D collective equity
Correct Answer: internal equity
Salary compression is a result of?
A monetary funds
B interest rate
C inflation
D deflation
Correct Answer: inflation
The grouping of dissimilar jobs such as secretaries, mechanics and firefighters, called?
A rank jobs
B grades
C classes
D columns
Correct Answer: grades
The pay plan is based on influence-able competencies for companies to focus on?
A performance management process
B high performance work system
C less performance work system
D quantitative job evaluation
Correct Answer: performance management process
The salary survey can be conducted through?
A primary data
B secondary data
C collective equity
D both A and B
Correct Answer: both A and B
The several jobs rated with individual ranking, comes under?
A combining ratings
B ranking jobs
C selection of compensable factors
D grouping jobs
Correct Answer: combining ratings
The salary surveys are used for monitoring and maintaining?
A external equity
B internal equity
C compensating equity
D collective equity
Correct Answer: external equity
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