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Fundamentally, Needs Analysis Deals with Informing Senior Management Why Specific

question 9

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Fundamentally, needs analysis deals with informing senior management why specific training initiatives have not resulted in improvements to organizational performance.


Definitions:

Economic Life

The duration over which an asset is expected to be economically usable, with its cost being justified by its performance.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return, reflecting the time value of money.

Investment Tax Credit

A tax credit offered to entities to encourage investment in certain assets, offering a reduction in tax liability.

Total Assets Ratio

A financial metric comparing the total assets of a company to another financial measure, used to evaluate the company's financial health.

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