Which of the Following Best Defines Competency

question 93

Multiple Choice

Which of the following best defines competency?

• A) It is the set of duties performed by a particular team.
• B) It is the list of tasks, duties, and responsibilities (TDRs) that a particular job entails.
• C) It is the set of related duties for accomplishing work.
• D) It is the activity that a work unit's members engage in to produce a given output.
• E) It is an area of personal capability that enables employees to perform successfully.

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Definitions:

Short Run

A time period in which at least one factor of production is fixed, limiting the ability of firms to adjust to market changes.

Long Run

A period in which all factors of production and costs are variable, allowing full industry adjustment.

Labor Supply

Refers to the total hours that workers or the labor force are willing to work at a given wage rate.

Apple Pickers

Workers or laborers who specialize in harvesting apples from orchards during the picking season.