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Use the table for the question(s) below.
Consider the following two projects with cash flows in $:
-Which of the following statements is correct?
70-20-10 Model
A model for learning and development proposes that people gain 70% of their knowledge through experiences related to their work, 20% through interactions with others, and 10% from structured educational activities.
Formal Training
Structured educational or training programs designed to develop skills and knowledge in a specific field or profession.
Formal Learning
Structured educational experiences, typically occurring in institutional settings like schools or training centers, that lead to certification or degrees.
Informal Learning
Learning that occurs outside of a structured, formal training environment, typically driven by the learner’s interests, interactions, and experiences.
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