Question
Which term refers to the written statement that outlines
the qualifications, experience, training, and skills required for performing a specific job in an organization?Solution
• Job Analysis is the broader process of systematically collecting information about a job, including its tasks, responsibilities, and the human requirements needed. • Job Description presents job-related data like title, duties, responsibilities, reporting relationships, working conditions, and tools to be used. • Job Specification, on the other hand, details the minimum qualifications and attributes required from a candidate, such as education, work experience, skills, physical and mental abilities, and behavioral traits. • Job Design is about structuring and organizing tasks, duties, and responsibilities into a job role. Thus, a written statement focusing on qualifications, skills, and experience is referred to as a Job Specification.
Calculate cost of goods sold from the following figures:
Opening stock = Rs. 3,500
Purchases = Rs. 21,000
Closing stock = Rs. 2,500
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Sales (1,00,000 units) = ₹1,00,000
Variable c...
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Read the following information to answer the below questions:Â
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