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According to Information in Chapter 11, Which of the Following

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According to information in Chapter 11, which of the following is not one of the three steps HR managers use as part of training and development?


Definitions:

Average Costs

The total costs divided by the total output produced, a measure of cost efficiency for production.

Social Welfare

A concept concerning the well-being, health, and economic security of society as a whole.

Synergies

The increased effectiveness or efficiencies created when two or more elements or companies work together.

Public Ownership

The ownership of industries and assets by the government or state, as opposed to private individuals or corporations.

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