Explain the Term Just-In-Time Learning (Embedded Learning)

question 35

Essay

Explain the term just-in-time learning (embedded learning). Why will it be increasingly prevalent in the future?

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Definitions:

Efficiency

The ratio of the output gained from a system to the input used, often used to evaluate the performance of a business operation or machine.

Standard Price

A pre-determined cost that is often used in budgeting and financial planning, serving as a benchmark for performance evaluation.

Direct Materials

Materials that become an integral part of a finished product and whose costs can be conveniently traced to it.

Final, Delivered Cost

The comprehensive cost of a good or service including its production, logistics, and any other costs until its delivery to the final consumer.