A Person-Needs Analysis

question 27

Multiple Choice

A person-needs analysis:

• A) is performed before a job-needs analysis
• B) focuses on the generic job incumbent, not the current employee
• C) identifies gaps between a person's current capabilities and those identified as necessary for a particular job
• D) is derived from job analysis and competency modeling
• E) is accurately described by all of the above

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Definitions:

Volume of Trade

The total amount of stocks, securities, or commodities that are bought and sold over a specific period of time.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service versus what they actually pay.

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive, indicating economic benefit.

Export Sector

The segment of an economy's industry involved in producing goods or services for sale in foreign countries.