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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 person’s fixed pay and guaranteed bonus is included in?
A base pay
B short-term incentives
C executive benefits
D long-term incentives
Correct Answer: base pay
The increments based on performance is a basis of?
A direct financial payments
B non direct financial payments
C direct compensation
D bonuses
Correct Answer: direct financial payments
The first step in ‘Job ranking’ evaluation method is to?
A obtain job information
B select and group jobs
C select compensable factors
D rank jobs
Correct Answer: obtain job information
‘Benchmarking’ of jobs is included in?
A internal equity
B external equity
C procedural equity
D salary survey
Correct Answer: salary survey
The third step in ‘ranking method’ of evaluating job method is to?
A select compensable factors
B combine ratings
C rank jobs
D select and group jobs
Correct Answer: select and group jobs
The revenue growth is included in?
A short-term of shareholder value
B compensation of company executive
C determination of stocks
D determination of investment
Correct Answer: short-term of shareholder value
The procedure of ranking jobs or grouping in clusters is included in?
A getting job information
B combining ratings
C ranking jobs
D selecting and grouping jobs
Correct Answer: selecting and grouping jobs
The traditional pay plan used in companies is mostly?
A person oriented
B job oriented
C tenure oriented
D evaluation oriented
Correct Answer: job oriented
An employer; not paying for the title of job and hired , regarded as?
A pay based on company’s profit
B pay based on company’s stocks
C pay based on competency
D pay based on time
Correct Answer: pay based on competency
The second step in ranking method of job evaluation is to?
A combine ratings
B rank jobs
C selecting compensable factors
D grouping jobs
Correct Answer: grouping jobs
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