It Is Anticipated That the Worldwide Shortage of Highly Skilled,college-Educated

question 20

Multiple Choice

It is anticipated that the worldwide shortage of highly skilled,college-educated workers will increase significantly by 2020,according to research by McKinsey Global Institute.Some companies are going as far as to redefine the jobs of their experts and are transferring some of their tasks to lower-skilled people inside and outside of their companies.By redefining these ________ knowledge jobs,they address ________ shortages and ________ costs while enhancing job satisfaction.

• A) high-value; skill; lower
• B) low-value; monetary; decrease
• C) high-value; personnel; increase
• D) high-value; skill; increase

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Definitions:

Internal Data

Data generated within an organization from its operational activities, used for analysis and decision-making processes.

Nominal Data

Data categorized into discrete groups or categories that cannot be ordered in a meaningful way, used in statistical analysis to classify qualitative variables.

Routine Collection

The systematic and regular gathering of data or samples for analysis.

Customer Perceived Value

The customer's evaluation of the difference between all the benefits and all the costs of a market offering relative to those of competing offers.