What Strategy Can Managers Use to Ensure the Training Environment

question 16

Multiple Choice

What strategy can managers use to ensure the training environment is conducive to learning?

• A)use positive and negative reinforcement
• B)use rewards and punishment
• C)be flexible rather than use structured objectives
• D)have participants set personal goals

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Definitions:

Perfectly Elastic

A situation in economics where the quantity demanded or supplied changes by an infinite amount in response to any change in price, represented graphically as a horizontal line.

Monopolistic Competitor

A type of market structure characterized by many firms selling products that are similar but not identical, allowing for some degree of market power.

Monopolistically Competitive

Refers to a market setup where multiple companies offer products that are closely related but not the same, granting them limited market influence.

Purely Competitive

A market structure characterized by many buyers and sellers, with no single participant able to influence the market price, leading to products that are very similar.