What Is the Least Expensive and Best Alternative If You

question 14

Multiple Choice

What is the least expensive and best alternative if you only have a few employees to be trained?

• A)Hiring a consultant
• B)Purchasing a pre?packaged program
• C)Implementing and designing your own training program
• D)Sending trainees to outside seminars
• E)Waiting until you have enough employees who require training,then hiring a consultant

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Definitions:

Honda Valkyrie Rune

A specific model of a large, luxury cruiser motorcycle produced by Honda, known for its unique design and powerful engine.

Optimal Consumption Rule

The principle that consumers maximize their utility when the ratio of the marginal utility to the price of goods is equal across all goods.

Maximizing Utility

The process by which individuals allocate their resources to obtain the highest possible level of satisfaction.

Income

The amount of money received by an individual or entity in exchange for labor, services, or investment within a specific period.