Which system of job evaluation is being used when jobs are grouped according to a series of predetermined wage grades?
A. Hay profile method
B. Job ranking system
C. Factor comparison method
D. Job classification system
Answer: D
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A company with a single service desk who transfers calls, as necessary, to multiple, specialized service desks is said to be ____.
A. centralized B. decentralized C. centrally decentralized D. local
Techniques to attract press coverage used by Phineas T. Barnum are representative of the "public be informed" era that contributed to a positive image of the practice of public relations
Indicate whether the statement is true or false
Philip and Deborah form an LLC (limited liability company). Philip contributes $50,000 capital, and Deborah contributes $75,000 capital. They do not have an agreement as to how profits are to be shared
If the LLC makes a $100,000 profit in its first year, how will the profit be divided among the members? A) Philip gets $30,000, and Deborah gets $70,000. B) Philip gets $50,000, and Deborah gets $50,000. C) Philip gets $25,000, and Deborah gets $75,000. D) Philip gets $35,000, and Deborah gets $65,000.
Choice of ownership determines the degree to which each owner has personal liability for the firm's debts.
Answer the following statement true (T) or false (F)