Which of the Following Is an Example of the Cross-Training

question 14

Multiple Choice

Which of the following is an example of the cross-training method?

• A) Jill, a cashier, is being trained to stock shelves in case there is a shortage of employees.
• B) Henry, along with his colleagues, participates in a 5K run sponsored by the company.
• C) Alicia and five other managers analyze a business problem to suggest changes.
• D) Laura reviews videos of other employees exhibiting certain important behaviors related to the workplace.
• E) Stan has team members visualize what they have to do to release a new product.

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Definitions:

Quality

A measure of excellence or a state of being free from defects, deficiencies, and significant variations, brought by strict and consistent adherence to measurable and verifiable standards.

Bid-ask Spread

The difference between the highest price a buyer is willing to pay (bid) and the lowest price a seller is willing to accept (ask) for an asset.

Market Maker

A firm or individual who actively quotes two-sided markets, providing bids and offers along with the market size of each.

Profit Maximizing

The process of making business decisions that result in the highest possible profit, by adjusting production levels, prices, and other variables.