Carry Out the Indicated Operation and Give Your Answer with the Specified

question 163

Multiple Choice

Carry out the indicated operation and give your answer with the specified number of significant digits.
- $816 \div 0.0538$ ; 1 significant digit

• A) \(15,167.3\)
• B) 15,000
• C) 20,000
• D) 15,167

Acknowledge the use of job analysis tools such as the Position Analysis Questionnaire (PAQ) and their role in job design and HR management.

Realize the importance of simplifying jobs to reduce mental demand and increase job efficiency, especially in high-pressure roles.

Understand the strategic implications of job design techniques on organizational performance and employee well-being.

Understand the concept of independent and dependent variables in research studies.

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Definitions:

Economic Profits

The difference between a firm's total revenues and its total costs, including both explicit and implicit costs.

Normal Profits

The level of profit that is necessary for a company to remain competitive in the market, often seen as the minimum acceptable return.

Short Run

Refers to a period in economics where certain inputs or resources are fixed and cannot be changed, contrasting with the long run where all factors are variable.

Long Run

A period in which all factors of production and costs are variable, allowing for adjustment to changes in the market or economy.