One of the Limitations of ET Is That

question 9

Multiple Choice

One of the limitations of ET is that

• A)It is not effective at modeling behavior.
• B)It cannot provide a situation where the trainee applies knowledge.
• C)With the exception of virtual reality,it does not provide an opportunity for behavioral reproduction.
• D)None of the above.

Understand the concepts of efficiency and effectiveness in management.

Recognize the stages of business growth and the challenges associated with each stage.

Identify the fundamental functions of management (planning, leading, organizing, controlling) and their importance in achieving organizational goals.

Comprehend the roles and characteristics of a successful manager and leader within an organization.

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Definitions:

Material Price Variance

The difference between the actual cost of direct materials and the expected (standard) cost, indicating budgetary performance.

Direct Materials

Raw materials that can be directly attributed to the production of goods.

Variable Manufacturing Overhead

Costs that fluctuate with production volume, such as raw materials and direct labor.

Direct Labour Hours

The overall work hours of staff directly engaged in creating products.