Which of the Following Is a Feature of On-The-Job Training

question 45

Multiple Choice

Which of the following is a feature of on-the-job training (OJT) ?

• A) It is the least common method of training delivery.
• B) It is flexible and relevant to what employees do.
• C) It is more expensive than classroom training.
• D) It is spontaneous and need not be planned.

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Definitions:

Total Surplus

The sum of consumer surplus and producer surplus in a market, representing the total benefit to society from the production and consumption of goods or services.

Trade

Trade involves the exchange of goods and services between people or entities, either within a country or internationally, and is a fundamental aspect of the global economy.

Skateboards

Wheeled boards used for skateboarding, a recreational activity, sport, or mode of transportation.

Producer Surplus

The difference between the amount producers are willing to accept for a good or service and the actual amount received from its sale.