Which of the Following Is an Example of an Investment

question 14

Multiple Choice

Which of the following is an example of an investment in human capital?

• A) a law student who works as a waiter in the summer
• B) on-the-job training received by an apprentice welder
• C) payments into a retirement pension plan by a skilled laborer
• D) all of the above are correct.

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Definitions:

Routine Orders

Regular, repeated purchase orders for goods or services that are used on a consistent basis in a company's operations.

Customer Problems

Issues or challenges faced by customers that businesses aim to solve through their products or services.

Inside Order Takers

Employees who handle orders from customers mainly through indirect channels such as phone or email, rather than through face-to-face interaction.

Outside Order Takers

are sales personnel who visit customers or potential customers in their places of business or residences to take orders for products or services but do not engage in proactive selling.