The Job Characteristics Model (JCM) Is Concerned with Increasing Internal

question 58

Essay

The job characteristics model (JCM) is concerned with increasing internal motivation. JCM specifies three critical psychological traits that must occur for work to be internally motivating. What are they?

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Definitions:

Monopolistic Competition

A market structure characterized by many firms selling products that are similar but not identical, with few barriers to entry.

Price Exceeds Marginal Cost

A situation where the price of a good is higher than the marginal cost of producing it, often indicating imperfect competition.

Excess Capacity

The situation where a firm is producing at a lower scale of output than it has been designed to handle, resulting in unused productive capacity.

Source Of Inefficiency

Factors or situations that prevent an economy or system from achieving optimal allocation and utilization of resources, leading to wasted potential.