Using a Job Analysis for Performance Appraisal Is Important Because

question 30

Multiple Choice

Using a job analysis for performance appraisal is important because it:

• A)allows us to fire or demote an employee more quickly.
• B)ensures that we are measuring criteria that are actually relevant to the job.
• C)allows the organization to forecast how many employees it will need to promote within the next few years.
• D)ensures that we are evaluating employees on subjective, rather than objective, job performance.

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Definitions:

Total Cost

All expenditures related to the manufacture of goods or provision of services, integrating both unchanging and dynamic costs.

Total Variable Cost

the overall cost that varies directly with the level of production or output.

TC

Typically refers to "Total Cost," which is the complete cost of production including both fixed and variable costs.

Average Fixed Costs

The fixed costs of production (such as rent and salaries) divided by the quantity of output produced.