The Difference Between a Dry Run and a Pilot Program

question 18

Multiple Choice

The difference between a dry run and a pilot program is

• A)Trainees are at the pilot program to be trained.
• B)The dry run is always the whole training program whereas the pilot does not have to be.
• C)A pilot is a "first test" whereas the dry run is the "second test."
• D)The main objective of the dry run is to provide trainees with relevant training whereas the pilot program is concerned only with the effectiveness of training.
• E)All of the above.

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Definitions:

Annual Cash Inflows

The total amount of money, primarily from operating activities, investments, and financing, that enters a company within a year.

Net Present Value Method

A method in capital budgeting that measures the profitability of an investment by calculating the present value of its expected cash flows minus the initial cost.

Annual Return

The percentage gain or loss on an investment over a one-year period.

Investment Decision

The process of evaluating and selecting where to allocate financial resources to achieve anticipated financial returns or gains.