To Calculate the Impact Training Has on the Bottom Line

question 34

True/False

To calculate the impact training has on the bottom line, trainers or program designers must be able to calculate the costs and benefits of training programs.

Understand the significance of the Statute of Frauds in contract enforceability.

Interpret legal issues related to the adequacy of consideration and pre-existing duties.

Understand the concept of asymmetric information and its implications in markets.

Identify and describe the problems of adverse selection and moral hazard.

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Definitions:

Deaf Culture

The set of social beliefs, behaviors, art, literary traditions, history, values, and shared institutions of communities that are influenced by deafness and which use sign languages as the main means of communication.

Ethnic Culture

Ethnic culture pertains to the customs, social practices, languages, and shared heritage of an ethnic group, distinguishing it from other cultural groups.

Cross-Cultural Service

The provision of services that are sensitive to and respectful of the cultural differences and similarities of the people who are being served.

Ethical Guidelines

Rules or principles designed to conduct behavior in a professional and ethical manner within specific fields.