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Feedback training for raters should include communicating effectively, diagnosing causes of performance problems, and setting goals.
Opportunity Cost
Giving up possible rewards from different alternatives by choosing one path.
Attending Class
The act of being present at scheduled educational lessons or seminars.
Highest Valued Alternative
The next best choice or option that must be forgone to pursue a certain action or investment, often considered in opportunity cost calculations.
Opportunity Cost
The worth of the best option not chosen due to a decision being made.
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