The Goal of the Assessment Phase Is to Examine Whether

question 22

True/False

The goal of the assessment phase is to examine whether the training program has been effective in meeting the stated objectives.

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Definitions:

Variable Cost

Costs that change in proportion to the good or service that a business produces.

Quantity of Output

The total amount of goods or services produced by a firm or economy over a specific period.

Total Cost

The total expenses involved in creating goods or services, encompassing both constant and changeable costs.

Average Variable Cost

The cost per unit of variable inputs divided by the total output, showing the variable cost component of producing each unit.