The Additional Benefit of Increasing Some Activity by One-Unit Is

question 35

Multiple Choice

The additional benefit of increasing some activity by one-unit is called the

• A)opportunity cost.
• B)scarcity.
• C)unit cost/benefit.
• D)marginal benefit.
• E)total benefit.

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Definitions:

Hiring Bonuses

A financial incentive offered by employers to new employees as an attraction strategy to join the company.

Feedback

Information provided back to a person or group about their performance or behavior, intended for guidance and improvement.

Task Identity

The degree to which a job involves completing a whole, identifiable piece of work from start to finish, enhancing job satisfaction.

Job Characteristics Model

A theoretical framework proposing that five core job characteristics (skill variety, task identity, task significance, autonomy, and feedback) influence job satisfaction and performance.