"Profit Pool Mapping" Describes a Technique For

question 55

Multiple Choice

"Profit pool mapping" describes a technique for:

• A)Analyzing the distribution of profit across different stages of an industry's value chain
• B)Analyzing the distribution of value added across different stages of an industry's value chain
• C)Analyzing competitive advantage in the different stages of an industry's value chain
• D)Analyzing the distribution of an industry's profit among the member firms of that industry

Identify steps necessary to convert training benefits into monetary values for ROI calculation.

Appreciate the methodological approaches to evaluate the utility and impact of training programs on performance.

Understand the definition and importance of return on investment (ROI) in the context of training programs.

Learn how to calculate the ROI on training, including understanding various methods for calculating financial benefits of training and development programs.

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Definitions:

Capital

Wealth in the form of money or assets, invested in order to start a business or invest in order to generate more wealth.

Real GDP

Gross domestic product adjusted for changes in the price level, providing a more accurate picture of an economy's size and growth.

Consumption

the process by which goods and services are used up by individuals or groups, typically considered the end-use in economic production cycles.

Investment

The act of allocating resources, usually money, with the expectation of generating an income or profit.