What Is the Most Important Outcome of Such Practices as Job

question 13

Multiple Choice

What is the most important outcome of such practices as job enrichment, promotions, coaching, feedback, and rewards?

• A) increased ability of staff
• B) increased motivation of staff
• C) decreased turnover of staff
• D) decreased absenteeism of staff

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Definitions:

Marginal Productivity

The increase in output resulting from a one-unit increase in the input, holding all other inputs constant.

Income Distribution

The way in which total income is shared among the population or different groups within the society.

Equilibrium Value

The price and quantity at which the supply and demand for a good or service balance each other out.

VMPL Curve

The VMPL curve, or the Value of Marginal Product of Labor curve, represents the additional value created by employing one more unit of labor, holding other inputs constant.