Job analysis is typically conducted by _____.
A. experienced job incumbents
B. HR specialist
C. HR generalists and supervisors
D. Supervisors and experienced workers
C. HR generalists and supervisors
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Why does the model of perfect competition imply that there will be an efficient allocation of resources among firms?
What will be an ideal response?
In contrast to perfect competition, in a monopolistically competitive industry:
a. new firms entering the market produce a good that is identical to the existing ones. b. new firms entering the market produce a completely different product. c. there are legal restrictions on the entry of new firms. d. new firms entering the market produce a close substitute, not an identical or standardized product. e. new firms are allowed to enter the industry but there are legal restrictions on their exit.
A labor union acts as a monopsony seller of labor.
Answer the following statement true (T) or false (F)
Why might education differences better explain the differences in income between whites and Hispanics than between men and women?
What will be an ideal response?