You Are a New Independent Consultant

question 21

Essay

You are a new independent consultant.You are meeting with a new potential client, Mr.Ron McDonald, from a large restaurant chain.They have problems with their new employees and are unable to find people who are right for the positions.You ask him what type of employee he is looking for, and he mumbles something about hiring a fun, efficient, and reliable worker.When you ask what the job entails, he says that they serve food.You suspect that he doesn't have an extensive job description.Explain to him what job analysis is; why it is important; how it can help him create a job description; and identify other uses for a job analysis within his restaurant chain.

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Definitions:

Average Total Cost

The total cost of production (fixed plus variable costs) divided by the quantity of output produced.

Marginal Cost

The increase in expense from creating one more unit of a product or service.

Total Cost

The total cost of production, encompassing both variable and fixed expenses.

Average Cost

The total cost of production divided by the number of goods produced, representing the cost on average of producing each unit of output.