Raymond Is Considering Whether to Advertise on the Placemats Used

question 30

Multiple Choice

Raymond is considering whether to advertise on the placemats used in many local restaurants. One of the arguments in favor of this action is

• A) publicity is important to a small business and should be used at every opportunity.
• B) you never know who might see the ad on the placemat.
• C) the cost of printing is shared with many other local businesses.
• D) every ad will generate approximately 1,000% of its cost in revenues.

Identify and justify the costs associated with the instructional systems design (ISD) model steps to senior management.

Differentiate between training and development.

Explain the instructional systems design (ISD) model and its importance in training program planning.

Define and understand strategic human resources management (SHRM) and its implications.

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Definitions:

Gross Investment

Total expenditure on new fixed assets and inventories within a specific period, without deducting depreciation.

Business Population

The total number of businesses within a specific area or category at a given time.

Sole Proprietorships

Business entities owned and operated by one person, where there is no legal distinction between the owner and the business.

Corporations

Legal entities that are separate and distinct from their owners, capable of owning assets, incurring liabilities, and engaging in business activities.