The following diagram shows a "reaction function" graph for two firms selling in an export market, where HH is the home firm's reaction function and FF is the foreign firm's reaction function. Reaction function HH reflects the fact that, if the foreign firm increases its quantity sold in this market, then the home firm will __________ its sales level in the market; reaction function FF reflects the fact that, if the home firm increases its quantity sold in this market, the foreign firm will __________ its sales level in the market.
Definitions:
Outlier Jobs
Positions that significantly differ from other roles within an organization in terms of their job responsibilities, pay, or other factors.
Weighting The Factors
The process of assigning importance or value to different criteria or variables when making decisions or assessments.
Distributed Points
A method used for allocating resources or rewards across different options or recipients based on predefined criteria or contributions.
Job Evaluation System
A systematic process for determining the relative worth or value of a job in an organization to establish fair compensation levels.
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