The systematic process of establishing the relative worth of jobs within a company is called
A. job factoring.
B. relative analysis.
C. job evaluation.
D. job classification.
Ans: C. job evaluation.
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JEG requires any mid-level manager who wants to move into top management to spend three years in each of the firm's operational areas. This requirement is an example of ________
A) at-risk compensation B) 360 degree feedback C) cross-functional job rotation D) job sharing
John parks cars at a hotel. On average, 6.7 cars will arrive in an hour. Assume a driver's decision on whether to let John park the car does not depend upon any other person's decision. Define the random variable x to be the number of cars arriving in any hour period
a. What is the appropriate probability distribution for x? Explain how x satisfies the properties of the distribution. b. Compute the probability that exactly 5 cars will arrive in the next hour. c. Compute the probability that no more than 5 cars will arrive in the next hour.