Examlex

Solved

An Empirical Study of the Characteristics of a Job Posting

question 33

Multiple Choice

An empirical study of the characteristics of a job posting system which lead to high user satisfaction found that _________ was(were) critical.


Definitions:

Specialization

The process by which individuals, firms, or countries focus on producing a certain type of goods or services, often to achieve greater efficiencies or quality.

Diseconomies of Scale

The situation where a company or business grows so large that the costs per unit increase, leading to decreased efficiency.

Long-run Total Costs

The total costs associated with the production of a certain level of output when all inputs can be varied, emphasizing the period in which no costs are fixed.

Diseconomies of Scale

Diseconomies of scale occur when a company or business grows to such a point that the costs per unit increase, opposite of achieving cost efficiencies through expansion.

Related Questions