Which of the Following Focuses on the Qualifications a Person

question 73

Multiple Choice

Which of the following focuses on the qualifications a person must possess to perform a given job successfully?

• A)job analysis
• B)job description
• C)job specification
• D)job identification

Identify strategies for maintaining personal wellness in the face of workplace demands.

Demonstrate an understanding of the role of values in shaping personal identity and interpersonal relationships.

Compare and contrast terminal and instrumental values and their impact on individual and organizational goals.

Understand the concept of culture as the learned, shared way of doing things in a society.

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Definitions:

Socially Optimal

A state or condition in which resources are allocated in the most efficient manner from a societal perspective, maximizing benefits and minimizing costs to the society as a whole.

External Benefits

Positive effects of a transaction that affect third parties not directly involved in the transaction.

External Costs

Costs that are not borne by the parties involved in an economic transaction but are imposed on other individuals or society at large, such as pollution or congestion.

Coase Theorem

A principle suggesting that if transaction costs are low, private bargains will efficiently resolve the allocation of resources and distribution of goods.