In Team Training,who Should Be Involved in the Design of the Evaluation

question 36

Multiple Choice

In team training,who should be involved in the design of the evaluation phase?

• A)The trainer
• B)The supervisors
• C)The team members
• D)Both A & C

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Definitions:

Welfare Economics

The study of how the allocation of resources affects economic well-being.

Consumer Surplus

The difference between the total amount that consumers are willing to pay for a good or service and the total amount that they actually pay.

Consumer Surplus

The rift between the financial input consumers are willing to make for acquiring a good or service and the actual amount they spend.

Demand

Represents the quantity of a good or service that consumers are willing and able to purchase at various prices over a given period.