When Estimating Training Costs,it Is a Good Idea to Build

question 62

Multiple Choice

When estimating training costs,it is a good idea to build in a contingency fund of about _____ percent.

• A)2
• B)10
• C)25
• D)30

Understand the implications of price changes on marginal utility and consumer choices.

Understand the criticisms of Freud's theory and how they differ from the principles of the humanistic perspective.

Recognize concepts related to self-perception and how they influence behavior, including the false consensus effect.

Identify the core tenets of humanistic theories, including the focus on self-actualization and the conditions necessary for personality growth.

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Definitions:

Overestimating

The action of assessing something or someone as greater, larger, or more important than it is in reality.

Over-optimism

The tendency to be too confident or hopeful about future events or outcomes, often leading to underestimating risks.

Prospects

Potential customers or clients who have shown interest in a company's product or service.

Abilities

The inherent physical or mental capacities individuals possess, which can vary widely and impact performance in various tasks or occupations.