A Job Structure Based Upon Job Value Orders Jobs on the Basis

question 19

True/False

A job structure based upon job value orders jobs on the basis of the relative contribution of the skills, duties, and responsibilities of each job to the organization's goals.

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Definitions:

Market Setting

Refers to the competitive environment in which businesses operate, influenced by supply and demand dynamics.

Human Resources

The abilities, skills, and health of human beings that contribute to the production of both current and future output. Investment in training and education can increase the supply of human resources.

Physical Resources

Tangible assets used in the production or delivery of goods and services, such as machinery, buildings, and raw materials.