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<strong>BUS</strong> <strong>434</strong> <strong>Week</strong> 3 <strong>Quiz</strong><br />
1. The term “going rate” implies that there is<br />
2. In the following array of data, which value is the 9th decile?<br />
3. Many specialists who make extensive use of survey data believe that _______ values provide valuable<br />
information for establishing minimum and maximum pay values for a job or a grade.<br />
4. The optimal number of pay grades to be included within a pay structure is<br />
5. The term “sore thumbing” when applied to the job evaluation process relates to<br />
6. The spread of a range within a pay grade will normally vary anywhere from _____ to _____ percent on<br />
either side of the midpoint of a pay scale.<br />
7. A compensation scatter diagram plots the points or dots on a chart where each point represents a<br />
8. Which one of the following statements best describes compensable factors?<br />
9. Relatively new or different jobs in which demand far exceeds the supply of qualified applicants are known<br />
as<br />
10. Which of the following job evaluation systems is the easiest to implement but potentially the most<br />
discriminating?<br />
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S-<strong>434</strong>-ASH/<strong>BUS</strong>-<strong>434</strong>-<strong>Week</strong>-3-<strong>Quiz</strong><br />
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