Which of the following provides the minimum acceptable qualifications that a person should possess to perform the job?

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QUESTION

A perfectly competitive industry will likely have A. more consumer surplus, more producer surplus, and more dead weight loss than a monopoly. B. more consumer surplus, less producer surplus, and less deadweight loss than a monopoly. C. less consumer surplus, more producer surplus, and more dead weight loss than a monopoly. D. more consumer surplus, less producer surplus, and more dead weight loss than a monopoly. E. less consumer surplus, more producer surplus, and less dead weight loss than a monopoly.

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What is known as job specification?

Also known as employee specifications, a job specification is a written statement of educational qualifications, specific qualities, level of experience, physical, emotional, technical and communication skills required to perform a job, responsibilities involved in a job and other unusual sensory demands.

Which of the following provides information about the essential tasks duties and responsibilities of a job?

A job description contains the following components: job title, job purpose, job duties and responsibilities, required qualifications, preferred qualifications, and working conditions.

What is the process called of determining the requirements qualifications and duties an employee is responsible for?

Job analysis is the process performed to determine and identify the particular tasks, duties and requirements of a given job, and why they are important.