All of the Following Have Increased the Need for Job

question 4

Multiple Choice

All of the following have increased the need for job descriptions in recent years except:

• A) The aging of the current workforce
• B) The need to implement new and creative ways to motivate and reward employees
• C) The accelerated rate at which technology is changing work environments
• D) More stringent federal regulation of employment practices

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Definitions:

Fixed Costs

Costs that do not fluctuate with the level of production or sales, such as rent, salaries, and insurance premiums.

Break-Even Sales

The amount of revenue required to cover a company's total fixed and variable costs, without making a profit or loss.

Sales Revenue

The total amount of money generated from sales of goods or services, excluding any returns or allowances.

Mixed Costs

Costs with both variable and fixed characteristics, sometimes called semivariable or semifixed costs.