When Implemented Well, On-The-Job Training Is Considered the Fastest and Most

question 69

True/False

When implemented well, on-the-job training is considered the fastest and most effective means of facilitating learning in the workplace.

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Definitions:

RBV Perspective

Resource-Based View (RBV) refers to a method of analyzing and identifying a firm's strategic advantages based on its internal resources and capabilities.

Competitive Advantage

A situation or factor that gives a business an advantage over its competitors, placing it in a better or more dominant position in the market.

Individual Firm Level

The perspective of analyzing or considering operations, strategies, or impacts at the scale of a single organization, excluding sectoral or macroeconomic factors.

Suppliers Concentrated

A market condition where a small number of suppliers provide a large portion of products or services.