Explain Why Job Analysis Is Needed,and Distinguish Between a Job

question 59

Essay

Explain why job analysis is needed,and distinguish between a job description and job specifications.

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Definitions:

Marginal Revenue

The extra income obtained from the sale of an additional unit of a product or service.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good which consumers are willing to purchase.

Quantity Axis

A graphical representation element used in economics to indicate quantities, such as quantities of goods produced or sold.

Marginal Revenue

The extra revenue earned from the sale of an additional unit of a product or service.