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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

After ensuring external and internal equity, the next step in establishing pay rates is?
A group similar jobs
B price each pay grade
C fine tune pay rates
D determining the worth of each job
Correct Answer: group similar jobs
The work experience and field of study are included in?
A working capital
B human capital
C compensation capital
D size of working capital
Correct Answer: human capital
The approaches used to compare jobs are?
A intuitive approaches
B systematic approaches
C mathematical approaches
D logical approaches
Correct Answer: intuitive approaches
The ranking of job, based on difficulty is?
A job description
B job specification
C job evaluation
D ranking method
Correct Answer: ranking method
An ‘Equity theory of Motivation’ does not include?
A internal equity
B external equity
C collective equity
D individual equity
Correct Answer: collective equity
In which incentive the executives are given right to purchase stocks for specific period?
A long-term incentives
B short-term incentives
C pay scale
D ranking jobs
Correct Answer: long-term incentives
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
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