What Is a Job Analysis

question 102

Multiple Choice

What is a job analysis?

• A)the knowledge,skills,abilities and other attributes that are needed by a job incumbent to do well on a job
• B)the process of collecting information about jobs by determining the duties and tasks for the purpose of recruitment and training
• C)a systematic process for gathering,documenting and analyzing data about the work required for a job
• D)the gathering of job information about all the jobs in an organization

---

Definitions:

Product Variety

The range of different products or services that a company offers to meet varying customer needs and preferences.

Monopolistic Competition

A market structure characterized by many firms selling products that are similar but not identical, allowing for some degree of market power.

Pure Competition

This is a market structure characterized by a large number of small firms, homogeneous products, and easy market entry and exit, leading to price-taking behavior.

Average Total Cost

The total cost of production divided by the number of units produced, including both fixed and variable costs.