Which of the Following Terms Refers to the Broadest Measure

question 63

Multiple Choice

Which of the following terms refers to the broadest measure of economic development of a country?

• A) gross domestic product (GDP)
• B) purchasing power parity (PPP)
• C) gross national product (GNP)
• D) human development index (HDI)

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Definitions:

Basic Task

The fundamental duties or responsibilities associated with a specific job or role within an organization.

Job Characteristics Approach

The job characteristics approach is an alternative to job specialization that takes into account the work system and employee preferences; it suggests that jobs should be diagnosed and improved along five core dimensions.

Job Specialization

The process of focusing one's occupation on a narrow set of tasks or skills, often to increase efficiency and expertise.

Task Identity

The extent to which a job involves completing a whole and identifiable piece of work, giving the worker a sense of accomplishment.