Fitting the Task to the Person in a Work Environment

question 56

True/False

Fitting the task to the person in a work environment is known as job analysis.

---

Definitions:

No-par Value Stock

Stock issued without a specified face value, leaving the issued price to be determined by the company's board of directors.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, typically with fixed dividends.

Common Stock

Common Stock represents shares in a company that entitle the holder to vote at shareholders' meetings and to receive a part of the company's profits as dividends.

Stated Value Stock

Stated value stock is an issue of shares that does not have a par value but instead has a nominal stated value assigned by the company.