The Placement of an Employee in Another Job at a Higher

question 14

True/False

The placement of an employee in another job at a higher level in the organization with an increase in pay and status is known as a job rotation.

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Definitions:

Building Infrastructure

The process of constructing physical and organizational structures and facilities needed for the operation of a society or enterprise.

Physical Capital

Assets used in the production process that are tangible, such as buildings, machinery, and equipment.

Social Overhead Capital

Publicly funded infrastructure that supports economic activity, such as highways, schools, and hospitals.

Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.