Which of the Following Contains a List of the Competencies

question 3

Multiple Choice

Which of the following contains a list of the competencies that an individual must have to perform the job?

• A)Job specification
• B)Job description
• C)Job analysis
• D)Job design
• E)Competency framework

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Definitions:

Market Price

The current value at which a good or service can be bought or sold in a given market.

Short-Run Equilibrium

A state in which supply equals demand within a particular market, specifically under the assumption that some conditions (like input prices) are fixed in the short term.

Marginal Cost

The charge for the production of one more unit of a product or service.

Marginal Revenue

The enhanced earnings a firm receives from offloading an extra unit of a good or service.