Which of the Following Is True About On-The-Job Training (OJT)

question 49

Multiple Choice

Which of the following is true about on-the-job training (OJT) ?

• A) It can disrupt regular work in an organization.
• B) It is the least flexible of all the available employee training methods.
• C) It is more expensive than classroom training.
• D) It is typically outsourced to external firms.

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Definitions:

Surplus

An excess of production or supply over demand, often resulting in a decrease in prices.

Metering Strategy

A pricing strategy used by firms to charge consumers for the actual use of a service or product.

Profit Margins

The ratio or percentage of profit generated from sales after deducting costs, indicating the financial health and efficiency of a business.

Robinson-Patman Act

A United States federal law that aims to prevent anticompetitive practices by producers, specifically price discrimination.