MATCHING KEY TERMS AND DEFINITIONS

question 77

Multiple Choice

MATCHING KEY TERMS AND DEFINITIONS
-A job analysis method requiring job incumbents to record their daily activities.

• A)Flex time
• B)Group interview method
• C)Observation method
• D)Strengths
• E)Technical conference method
• F)Job evaluation
• G)Replacement chart
• H)Diary method
• I)Position Analysis Questionnaire (PAQ)
• J)Human resource planning
• K)Job description
• L)Core competency
• M)Compressed work week
• N)Job specification
• O)Structured questionnaire method

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Definitions:

Fixed Expenses

Costs that do not change in total despite fluctuations in business activity levels or volume, such as rent or salaries.

Percentage of Sales Approach

A method for forecasting financial needs based on a fixed percentage of projected sales, often used in budgeting and financial planning.

Profit Margin Percentage

A profitability ratio calculated by dividing net income by revenue, expressing the result as a percentage.

Plowback Ratio

The proportion of earnings retained by a business, rather than distributed to its shareholders as dividends, to reinvest in the core business or to pay debt.