Scenario 5.1 CyberRocket Inc.is a High-Tech Manufacturer with an Exciting New Product

question 13

Multiple Choice

Scenario 5.1
CyberRocket Inc.is a high-tech manufacturer with an exciting new product, the Astro-Cruiser, a virtual Ethernet connector for shuttles orbiting the Earth.This product will allow astronauts to browse the Web while cruising in space.The product depends extensively on new technology and producing it requires extensive knowledge of astrophysics.CyberRocket is planning a rapid expansion of this business and needs to analyze the jobs that will emerge during the production of the Astro-Cruiser.The job analysis should contain information about what the workers will do in a job rather than what is involved in the job.The company would like to identify only the essential functions of the jobs.The head of the research and development team and the head of the production team are the only two individuals within the company who really understand the new product and the knowledge, skills, and abilities of employees that will be necessary to produce it.
-Refer to Scenario 5.1.In this scenario,who among the following will be the best source of information for the job analysis?

• A) Current job incumbents
• B) Line managers
• C) The top management team
• D) Subject matter experts
• E) Union leaders

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Definitions:

Ceiling Prices

Maximum prices set by the government on certain goods and services to prevent excessive pricing during shortages or inflationary periods.

Rationing Function

The ability of market prices to distribute scarce goods and services among consumers based on willingness and ability to pay.

Marginal Utility

Marginal utility is the additional satisfaction or benefit gained from consuming one more unit of a good or service, which tends to decrease as more units are consumed.

Individual Demand

This refers to the quantity of a good or service that a single consumer is willing and able to purchase at various prices, holding other factors constant.