A Job Analysis Approach That Utilizes an Inventory of the Various

question 15

Multiple Choice

A job analysis approach that utilizes an inventory of the various types of work activities that can constitute any job is known as

• A)functional job analysis.
• B)the critical incident method.
• C)task inventory analysis.
• D)the position analysis questionnaire system.

---

Definitions:

Economic Profit

The surplus gained from undertaking an activity after accounting for both explicit and implicit costs, differing from accounting profit.

Accounting Profit

The financial gain calculated by subtracting total explicit costs from total revenue, reflecting the company's bookkeeping earnings.

Explicit Costs

Payments made directly to individuals or entities in the operation of a business, including salaries, rental fees, and costs of materials.

Average Variable Cost

The total variable cost divided by the number of units produced, representing the average cost per unit of output that varies with production.