Amy Is the New Director of Learning and Development at a Pharmaceutical

question 22

Multiple Choice

Amy is the new director of learning and development at a pharmaceutical company, Medica Inc.She is contemplating implementing an action learning program and is considering the advantages and disadvantages of this approach for the development of new managers recently hired.The benefits of action learning to Medica include all of the following except

• A)it develops planning skills.
• B)it develops problem analysis skills.
• C)it encourages teamwork.
• D)by working with others, trainees find solutions to major problems.
• E)it benefits the manager's department during the training period.

---

Definitions:

Price-sensitive

Describes consumers or markets that are highly responsive to changes in prices, where demand significantly fluctuates with price adjustments.

Family Brand

A firm’s own corporate name used to brand its product lines and products.

Perceived Value

The value a consumer believes a product or service has, based not only on its actual utility but also on intangible factors.

Brand-name

Refers to the trademarked name that identifies and differentiates a product or service as being produced or offered by a specific company.