Which of the Following Is a Disadvantage of Broad Bands

question 5

Multiple Choice

Which of the following is a disadvantage of broad bands?

• A) They reduce managers' flexibility in making assignments.
• B) They always result in pay decreases.
• C) They increase the number of levels in the organization's job structure.
• D) They reduce the opportunities for promoting employees.
• E) They discourage employees from gaining valuable experience through lateral career moves.

Understand the role of world price in determining whether a country will import or export a good.

Analyze the impact of tariffs on the quantity of goods imported or exported.

Understand the effects of tariffs and import quotas on domestic markets, including impacts on consumer surplus, producer surplus, and total surplus.

Analyze the impact of trade (both free and restricted) on domestic producers and consumers.

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Definitions:

Positive Variance

The difference between actual performance and expected performance where the actual outcome is more favorable than what was anticipated.

Weights

In finance, it refers to the proportion of each component's value in a portfolio or in a weighted average calculation.

Expected Return

The probable return on an investment, taking into account all possible outcomes or the aggregate return that an investor anticipates over a certain period.

Systematic Risk

The risk inherent to the entire market or market segment, also known as market risk or un-diversifiable risk.