The Most Successful Way to Apply the Trait Approach Is

question 25

Multiple Choice

The most successful way to apply the trait approach is to

• A)pick the trait the organization lacks and hire for that.
• B)you can't really understand people's traits so don't try.
• C)identify the conditions under which different traits are needed.
• D)rank the traits and rank the person.

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Definitions:

Average Fixed Costs

The fixed costs of production (such as rent and salaries) divided by the quantity of output produced.

Average Total Costs

The overall expense of creating goods divided by the number of items produced.

Output

The quantity of goods or services produced by a firm, industry, or economy within a specified period.

Total Costs

The sum of all expenses a firm incurs in producing a product or offering a service, including both fixed and variable costs.