Examples of On-The-Job Training Include All of the Following Except

question 6

Multiple Choice

Examples of on-the-job training include all of the following except .

• A) apprenticeship
• B) job rotation
• C) formal mentoring programs
• D) simulation centers
• E) understudy assignments

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Definitions:

Physical Capital

Assets used by a business to produce goods and services, such as buildings, machinery, and equipment.

Diminishing Returns

A principle stating that as investment in a single area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other inputs remain constant.

Marginal Product

The additional output generated by employing one more unit of a particular input, holding all other inputs constant.

Hiring Labor

The process of engaging individuals to perform services or work for compensation.