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25.The degree to which pay influences individual and aggregate motivation among the employees at any point in time is referred to as:→incentive effect.directional effect.sorting effect.motivational effect.26._____ is the belief that when a specified level of job performance is attained, the employee will receive a specified reward.27.You work in a midsize organization and have just conducted a wage survey. Five midsize companies have provided wage data for a particular job. Here are the numbers.Picture Which of the following statistics will be the most accurate reflection of the market rate?
Mode28._____ translate each core competency into action.29.In a hiring situation, considering that other potential costs will not change in the short run, the level of demand that maximizes profits is that level at which the _____ of the last hire is equal tothe _____ for that hire.demand factor; supply factormarginal output; market priceincremental output; marginal output→marginal revenue; wage rate30.Routine work is also termed ____.31.Job analysis results are judged useful when they are ____.
32.An inappropriate way to assess the acceptability of a job evaluation plan and its resultingjob structure is to:33.Which of the following is not a component of human capital?ExperienceKnowledge→Seniority levelEducation34.The assumption that value cannot be determined without reference to the external market is most closely related to which of the following aspects of job evaluation?35.Seniority based, incentive and merit guidelines are components of the ____________ policy.
36.Which of the following best supports a culture of flexibility and innovation?