If a Company Does Not Have the Time,human Capital,or Resources

question 17

Multiple Choice

If a company does not have the time,human capital,or resources to develop its own training,it can:

• A)ask employees to read books and watch videos at home on the weekends
• B)make sales managers spend part of every weekly sales meeting going over sales techniques and software systems
• C)send its employees to be trained at a competing company
• D)use vendor-provided training,either on vendor products (like software)or on sales techniques
• E)relax,as most companies do not provide adequate training for their salespeople

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Definitions:

Interval

A range of numbers between two set points where any number within that range is included.

Randomized Block Experiment

A randomized block experiment is a type of statistical experiment in which subjects are divided into blocks based on characteristics that might affect the response, and then within each block, subjects are randomly assigned to treatments.

Wilcoxon Rank Sum Test

A statistical test that doesn't rely on parameter assumptions to compare two separate samples, aiming to ascertain if they originate from identical distributions.

Randomized Block Experiment

An experimental design that groups subjects into blocks based on certain attributes before randomly assigning treatments within those blocks.