Which of the Following Is a Disadvantage of Broad Bands

question 89

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 reduce 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.

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Definitions:

Perfect Competitor

A perfect competitor refers to a market participant in a perfectly competitive market, characterized by many buyers and sellers, all dealing in a homogenous product with no barriers to entry or exit.

Entire Market

The total comprehensive scope of a marketplace, encompassing all buyers, sellers, and products involved.

Marginal Revenue

The additional income earned by selling one more unit of a product or service.

Peak Efficiency

The highest level of operational performance where resources are utilized in the most effective way possible with minimal waste.