An Input Differs from a Factor of Production in That

question 93

True/False

An input differs from a factor of production in that the former gets used up in production,while the latter is an enduring source of income for its owner.

Identify and explain various human resource management functions and responsibilities.

Recognize the importance of job design and how it influences organizational effectiveness.

Describe the selection process and its importance in achieving organizational goals.

Explain the role of compensation and benefits as a function of human resource management.

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Definitions:

Extrinsic Benefits

Rewards or advantages that come from external sources, not inherently related to the activity itself, but serving as motivations or bonuses.

Indirect Order

A sentence structure used to make requests or commands in a more polite or less assertive manner.

Persuasive Messages

Communications designed to influence the attitudes, beliefs, or actions of others.

Direct Order

A direct order is a straightforward, authoritative command or instruction that leaves little room for misunderstanding or deviation by the recipient.