Which of the Following Is True of Job Specialization

question 23

Multiple Choice

Which of the following is true of job specialization?

• A) It occurs when a job is composed of a small part of a larger task or process.
• B) It is an approach to job redesign that seeks to formulate jobs in ways that motivate workers and lead to positive work outcomes.
• C) It involves giving workers the authority and control to make meaningful decisions about their work.
• D) It occurs when the number of different tasks that a worker performs within one particular job is increased.

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Definitions:

Competitive Price-Searcher

A firm that must actively seek out the best price for its goods or services due to the presence of many competitors and informed buyers.

Maximizing Profit

The process or strategy of increasing the difference between total revenue and total costs to achieve the highest possible financial gain.

Competitive Price-Searcher

A market condition where firms actively seek out prices that will maximize their profits in environments with some level of competition.

Positive Profit

Refers to the financial gain that occurs when the revenue generated from business activities exceeds the expenses, costs, and taxes needed to sustain the business.