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To Assess the Value of Training and Development, Organizations Measure

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To assess the value of training and development, organizations measure their return on investment.

Recognize the role of specialization and trade in enhancing economic efficiency and production.
Analyze the role of resources (labor, land, and capital) in the production process and how their allocation affects economic outcomes.
Understand the legal framework of agency agreements including conditions required for validity.
Explore the roles and responsibilities of agents and principals in an agency relationship.

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