Knowee
Questions
Features
Study Tools

A limitation of a competency-based structure is that it requires cost controls.Question 13Answera.FALSEb.TRUE

Question

A limitation of a competency-based structure is that it requires cost controls.

Question 13
Answer

  • a. FALSE
  • b. TRUE
🧐 Not the exact question you are looking for?Go ask a question

Solution

Step 1: Break Down the Problem

The question is seeking validation of a statement regarding a competency-based structure and its limitations related to cost controls. We need to determine if this statement is true or false.

Step 2: Relevant Concepts

A competency-based structure in organizations often focuses on the skills and abilities of employees rather than traditional roles. While this approach can enhance flexibility and performance, it may also necessitate rigorous cost controls to ensure that competency development aligns with organizational budget constraints.

Step 3: Analysis and Detail

  1. Competency-Based Structure: This is designed to align employee abilities with organizational goals.
  2. Cost Control: Implementing this structure can lead to increased costs in training and development. Therefore, organizations may need to implement strict cost controls to manage these expenses efficiently.

Step 4: Verify and Summarize

In conclusion, the statement reflects a reality where a competency-based structure can indeed impose the necessity for tighter cost management to maintain financial health. Thus, the statement is confirmed as true.

Final Answer

b. TRUE

This problem has been solved

Similar Questions

22.Explain a type of competency.  A. Traditional competencies  B. Market competency  C. Financial competency  D. Distinctive competency

It relates to the unit of competency as a whole. Group of answer choicesSample elementsPerformance criteriaRange statementEvidence guide

Cost leaders must maintain their marketing or face the possible entry of more cost-effective competitors.Question 8Select one:TrueFalse

Facility location analysis considers the competitive imperative of lowest total cost.Question 25Answera.FALSEb.TRUE

Profit-driven organisations must have a formal structure to be efficient.Question 6Select one:a.Falseb.True

1/1

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.