Which of the Following Is True of Simulations

question 27

Multiple Choice

Which of the following is true of simulations?

• A) Simulations provide learning situations with a high degree of human contact.
• B) Trainees do not have to acquire any prior knowledge while playing a game.
• C) Simulations can safely put employees in situations that would be dangerous in the real world.
• D) Compared to most other training methods, development costs are low.

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Definitions:

Venture Capitalist

A venture capitalist is an investor who provides capital to startup companies or supports small enterprises with potential for growth in exchange for equity stakes.

Crowded Market

describes a market characterized by high levels of competition, with many firms offering similar products or services, often leading to increased competition on price and quality.

In-House

Activities or processes performed within an organization by its own employees or resources, rather than being outsourced.

Outsource

The practice of hiring third-party vendors to perform services or produce goods that were previously done in-house, often to reduce costs or access specialized skills.