You Are Conducting a Needs Analysis, Gathering Data and Information

question 7

Multiple Choice

You are conducting a needs analysis, gathering data and information on three related yet distinct levels to determine what kind of training is needed in your organization. In which level of the needs analysis are you likely to find the answer?

• A) task analysis
• B) ADDIE analysis
• C) person analysis
• D) organizational analysis

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Definitions:

Variable Expenses

Expenses that change in proportion with the level of business activity or output.

Selling Price

The amount of money charged for a product or service, which may include costs of production, distribution, and a markup for profit.

Contribution Margin

Contribution margin represents the amount by which sales revenue exceeds variable costs, indicating how much revenue is contributing to covering fixed costs and generating profit.

Net Income

The net income of a business following the deduction of all taxes and expenses from its overall revenue.