Which of the Following Sentences Regarding Skill-Based Structure Is FALSE

question 51

Multiple Choice

Which of the following sentences regarding skill-based structure is FALSE?

• A)Employees have control over their own development.
• B)Training is a source of complaints.
• C)Less supervision is required in comparison to all other pay plans.
• D)Training costs are the lowest in comparison to all other pay plans.

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Definitions:

Economists

Professionals who study how societies use scarce resources to produce valuable goods and services and distribute them among different people.

Positive Externalities

Benefits that are enjoyed by a third-party or the society at large as a result of an economic transaction, but these benefits are not reflected in the market price.

Resource Problem

The economic issue of having limited resources to satisfy unlimited wants and needs, necessitating choices and priorities in allocation.

Positive Externalities

Benefits experienced by third parties who are not directly involved in the production or consumption of a good or service.