Operational Tools Are Often Used as Part of a Firm's

question 24

Multiple Choice

Operational tools are often used as part of a firm's human resource strategy. Which of the following is an operational plan that outlines who will perform a specific job and how and where the job will be conducted?

• A) Work methods analysis
• B) Work measurement methods
• C) Motion-study techniques
• D) Job design
• E) Operations control

---

Definitions:

Electronic Goods

Products that use electric power for their operation, including consumer electronics like phones, TVs, and computers.

Law Of One Price

The economic theory stating that in an efficient market, identical goods must have only one price.

Trade Barriers

Restrictions set by a government to control international trade, often to protect domestic industries.

Purchasing Power Parity

An economic theory that compares different countries' currencies through a "basket of goods" approach to assess the relative value of the currencies.