In the Context of Job-Analysis Techniques, Which of the Following

question 57

Multiple Choice

In the context of job-analysis techniques, which of the following statements is true of a narrative job analysis?

• A) It requires narratives to have a constant length irrespective of the type of the job.
• B) The narratives in a job analysis are typically individualistic, making it difficult to compare the tasks of one job with another.
• C) It defines abilities as enduring attributes of individuals that account for differences in performance.
• D) The quality of the information presented by the narratives in a job analysis is independent of the writing skills of the job analyst.

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Definitions:

Permanent Income Hypothesis

Formulated by Milton Friedman, it states that the strongest influence on consumption is one’s estimated lifetime income.

Paradox of Thrift

An economic theory suggesting that while saving is beneficial to an individual, increased savings by the entire population can lead to a decrease in aggregate demand, ultimately reducing savings at a macroeconomic level.

Theory of the Leisure Class

A socio-economic theory presented by Thorstein Veblen, which critiques consumerism and status-driven consumption, emphasizing the social uses of wealth and leisure to display status rather than for utility.

Theory of the Multiplier

An economic theory suggesting that an initial increase in spending leads to increased income and consumption, further magnifying economic activity.