During What Type of Training Would You Be Most Likely

question 2

Multiple Choice

During what type of training would you be most likely be asked to participate in a role play?

• A) social learning
• B) behavioural learning
• C) experiential learning
• D) simulation learning

Recognize the factors of production and their significance in the economy.

Comprehend the concept of the production possibilities frontier and its implications.

Analyze efficient, feasible, and infeasible outcomes in the context of the production possibilities frontier.

Understand the concept of opportunity cost within the production possibilities frontier.

---

Definitions:

Goods Made to Order

Products that are manufactured or prepared specifically according to the customer's specifications only after the order is received.

Goods Made to Forecast

Refers to products that are manufactured in anticipation of demand, based on predictions or forecasts of future customer needs.

Mass Customization

A production strategy that combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production.

Process Focus

A management strategy that emphasizes the importance of processes, or series of actions, in achieving efficiency, quality, and customer satisfaction in production or service delivery.