A Step Variable-Cost Function

question 95

Multiple Choice

A step variable-cost function:

• A)is often approximated with a continuous variable-cost function.
• B)remains the same over a wide range of activity.
• C)example includes adding additional warehouse space.
• D)is fixed over the long run but not over the short run.

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Definitions:

Job Enrichment

Job enrichment builds high-content jobs that involve planning and evaluating duties normally done by supervisors.

Task Significance

The degree to which a job has a substantial impact on the lives of other people or is perceived as important.

Job Characteristics Model

A theory that suggests job satisfaction is influenced by job characteristics such as skill variety, task identity, task significance, autonomy, and feedback.

Job Enrichment

The process of making a job more satisfying and engaging by adding more meaningful tasks and giving employees more control over their work.