Work Simplification Is an Approach to Job Design

question 39

Multiple Choice

Work simplification is an approach to job design.Which of the following statement is TRUE of work simplification?

• A)It can sometimes lead to a reduced demand for premium pay.
• B)It may be very appropriate in settings employing highly educated persons.
• C)It is effective in a changing environment.
• D)It can be used to motivate highly educated employees.
• E)It is based on the premise that work can be broken down into clearly defined tasks.

Understand the concept of rational decision-making in economics.

Comprehend how changes in personal benefits and costs influence behavior.

Recognize the impact of incentives on individual and group behavior.

Acknowledge the role of marginal analysis in economic decision-making.

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Definitions:

Common Stock

A type of security that represents ownership in a corporation, entitling the holder to vote on corporate matters and receive dividends.

Statement of Stockholders' Equity

A financial statement that shows changes in the value of a company's shareholders' equity over a specific period through items such as net income, dividend payments, and share repurchases.

Common Stock

A type of security that represents ownership in a corporation, giving holders a share of the profits in the form of dividends.

Revenues

Income that a company receives from its normal business activities, typically from the sale of goods and services to customers.