Four Factors Are Mentioned Which Affect a Firm's Access to Needed

question 81

Multiple Choice

Four factors are mentioned which affect a firm's access to needed personnel.One of these factors is:

• A) Geographic location
• B) Employee benefits
• C) National employment rates
• D) Availability of skills

Appreciate the role of intrinsic and extrinsic motivation in enhancing work performance.

Identify strategies for finding work that aligns with personal interests and strengths.

Recognize the impact of preconceptions and biases in the hiring process and employee evaluations.

Understand the key factors that influence a market economy.

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Definitions:

Retail Layout

An approach that addresses flow, allocates space, and responds to customer behaviour.

High-Draw Items

Products that significantly attract customers, resulting in high sales volume.

Work Cells

An arrangement in manufacturing where machinery and staff are grouped together in a way that focuses on producing a single product or component.

Assembly Line

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product efficiently.