Possible Disadvantages of Rotating IT Staff from Maintenance to New

question 15

Multiple Choice

Possible disadvantages of rotating IT staff from maintenance to new systems groups include ____.

• A) analysts learn only one skill and the organization is less versatile
• B) overhead costs increase when people move from one job to another
• C) systems analysts have less opportunity to become skilled at any one job
• D) some analysts must spend a substantial amount of time in a job that is less desirable to them personally

Understand the concept of marginal revenue product (MRP) and its significance in employment decisions.

Recognize the effects of unionization and labor market regulations on wages and employment.

Calculate and understand the concept of marginal labor cost.

Evaluate the firm's hiring decisions based on profit maximization in different market conditions.

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Definitions:

T Account

A T Account is a visual representation of a ledger account, typically used in accounting to track the debit and credit balances of an account.

Common Stock

Represents ownership shares in a corporation, giving holders voting rights and a residual claim on the company's assets and earnings.

Stockholders

Individuals or entities that own one or more shares of stock in a corporation, thus holding a portion of the company's equity.

Journal Entry

A record in the accounting books that notes all the financial transactions of a business.