A drawback of pay rates is that they:

A. increase the administrative burden of managing the compensation system.
B. result in decreased promotional opportunities for employees.
C. result in some jobs being underpaid and others being overpaid.
D. increase the costs of surveying the market.
E. grouping jobs will result in rates of pay for individual jobs that precisely match the levels specified by the market.

Answer: C. result in some jobs being underpaid and others being overpaid.

Business

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The section of land reserved for school purposes in the rectangular survey system is section

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If a Lagrange multiplier equals 3, a one-unit increase in the right-hand side of a constraint, will result in an increase of 3 in the objective function

Indicate whether this statement is true or false.

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