In the Context of a Salesperson's Position, Explain What a Job

question 173

Essay

In the context of a salesperson's position, explain what a job description is. In the answer, specify the six attributes that it purports to explain.

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Definitions:

Input Decrease

A reduction in the amount, quality, or efficiency of any raw material, capital, or labor used in the production process.

Derived Demand

Demand for a factor of production or good that results from the demand for another related good or service.

Substitution Effect

The change in consumption patterns due to a shift in relative prices that makes one product more economically attractive than another.

Output Effect

The output effect refers to the impact changes in production volume have on a company's total costs and profitability.