According to the Textbook, Which of the Following Statements Is

question 13

Multiple Choice

According to the textbook, which of the following statements is NOT correct when looking at the meaning and purpose of training evaluation processes?

• A) diagnose the strengths and weakness of a program and pinpoint needed improvements
• B) use evaluation information to justify and reinforce the value and credibility of the training function to the organization
• C) determine the cost benefits of a program and help ascertain which program or training technique is most cost-effective
• D) determine if the training program has given trainees full top management support via objective metrics

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Definitions:

Nominal Wages

The amount of money paid to employees without adjustment for inflation, representing the face value of wages at the time of payment.

Real Wages

The purchasing power of wages, adjusted for inflation, reflecting the actual goods and services that money earned as wages can buy.

Labor Shortages

A situation in which employers have difficulty filling positions with qualified candidates, often due to a lack of available or skilled workers.

Short-Run Aggregate Supply

The aggregate volume of products and services that companies intend to sell within a brief period in the economy, based on existing price levels.