A Large Retail Organization Previously Divided Work Among Its Four

question 152

Multiple Choice

A large retail organization previously divided work among its four employee-benefits staff into distinct specializations. One person answered all questions about superannuation (pension plans) , another answered all questions about various forms of paid time off (e.g. vacations) , and so on. These jobs were recently restructured so that each person answers all questions for people in a particular geographic area. For example, one staff member is responsible for all employee-benefits inquiries from anyone in a particular geographic region. This job restructuring is an example of:

• A)job rotation
• B)self-leadership
• C)scientific management
• D)job enrichment
• E)job specialization

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Definitions:

Export Supply

The total amount of goods and services a country's producers are willing and able to sell abroad at a given price level.

Import Demand

The desire or need for products or services brought into a country from abroad.

Equilibrium World Price

The price at which the supply of a good on the global market equals the demand for that good.

Two-Nation Model

An economic model used in international trade theory to analyze the effects of trade between two countries, considering factors like comparative advantage.