A Managerial Attempt at Making the Structure of Work,to Increase

question 88

Multiple Choice

A managerial attempt at making the structure of work,to increase output and satisfaction,is known as

• A)job enlargement
• B)job rotation
• C)job enrichment
• D)job redesign

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Definitions:

Cost-Led Pricing

A pricing strategy that involves calculating all the costs involved in producing a product and then adding a markup to ensure profitability.

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the costs of goods sold, highlighting the profitability of a business or product.

Fair Pricing

The degree to which both businesses and customers believe that the pricing is reasonable.

Reasonable

Based on good sense and sound judgment; fair and sensible.