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If consumer tastes are changing more in favor of the consumption of a particular good the
Training Programs
Structured educational processes designed to enhance the knowledge, skills, and competencies of individuals in a specific area or job.
Non-Monetary Benefits
Non-monetary benefits refer to incentives or compensations provided to employees that do not involve direct cash payments, such as health insurance, flexible working hours, or company discounts.
Level 3 Evaluation
Level 3 Evaluation measures the behavioral change and extent of application of newly learned skills in the workplace following a training program, as part of the Kirkpatrick Model.
Indirect Cost
Expenses not directly tied to the production of goods or services, such as overhead costs.
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