Chapter 1, Problem 1.8CE1

A)

Explanation of Solution

Job Security:

• The text defines job security as having a marketable skill and having the courage to use it for having job security.
• It is observed that any routine...

B)

Explanation of Solution

Effectiveness of definition of job security:

“Yes”, the text definition of job security is effective, as it encourages students to have a marketable skill as students might get surprised that the course they are pursuing in college for skills like programming, accounting and others are not important as they are specific task related skills, so t...

C)

Explanation of Solution

Mention whether increasing skills in the four dimensions of collaboration exercise questions will increase job security or not:

“Yes”, increasing skills in the four dimensions of collaboration exercise questions will increase job security as:

• One can change his or her attitude towards hav...

D)

Explanation of Solution

Technical skills and job security:

• Technical skills like accounting proficiency, technical analysis proficiency and many others are not completely unrelated to job security as they are one of the factors for job security, but having only technical skills is not sufficient to guarantee job security.
• Today the market is competitive and technology is rapidly developing and in order to survive in this highly...