The Final Step of the Strategic Training and Development Process

question 4

Multiple Choice

The final step of the strategic training and development process involves ________.

• A) choosing strategic training and development initiatives
• B) identifying the business strategy
• C) identifying measures or metrics
• D) creating concrete training and development activities

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Definitions:

Psychological Factors

Elements of human behavior and cognition that influence financial decision-making and market movements.

Investor Behavior

The study of how psychology influences financial decision-making and market movements.

Arbitrage Opportunities

Situations where it is possible to simultaneously buy and sell an asset or security for a profit due to price differences across markets.

Allocationally Efficient

A state of resource distribution where it is impossible to improve the utility of one individual without impairing the utility of another.