Hackman Identified Three Major Classes of Tasks

question 43

Essay

Hackman identified three major classes of tasks.List those classes and briefly describe them.

---

Definitions:

Investment

Allocation of resources, usually financial, in expectation of generating an income or profit over time through appreciation, dividends, or interests.

Pay

Compensation received by an employee from an employer in exchange for performing a job.

Thirty Year Mortgage

A long-term home loan typically repaid over 30 years through fixed monthly payments, often with a fixed interest rate.

Monthly Payment

The amount paid each month on a loan, mortgage, or other debt obligation.