Training Activities Are Said to Be Outsourced When They Are

question 24

Multiple Choice

Training activities are said to be outsourced when they are provided by ________.

• A) in-house consultants
• B) company managers
• C) company trainers
• D) individuals outside the company

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Definitions:

Utility

An economic term denoting the total satisfaction received from consuming a good or service.

Endowment Effect

A mental prejudice in which individuals attribute higher worth to items simply because they possess them.

Prospect Theory

A behavioral economic theory that describes how people make decisions between probabilistic alternatives that involve risk, where the outcomes are known.

Identical Item

A product or object that is exactly the same in every aspect as another, with no variations.