The Best Example of a Frictionally Unemployed Individual Is

question 305

Multiple Choice

The best example of a frictionally unemployed individual is

• A) Charles who has lost his job as an autoworker because of increased imports and can't find a good job that utilizes his skills.
• B) Mary who quit her job to find work closer to her home.
• C) Sam who lost his job as a real estate salesperson when the housing market went soft because of a recession.
• D) Sandy who has few skills and is no longer looking for work.

Comprehend the purposes of training objectives and their significance to trainers, trainees, and managers.

Identify components of a well-structured training objective.

Understand the process of preparing a Request for Proposal (RFP) for training services.

Analyze the effectiveness of error-management training compared to error-avoidant training, and understand their applicability.

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Definitions:

Liquid Asset

An asset that can easily and quickly be converted into cash without significantly impacting its value.

Significant Loss

A considerable reduction in the value of an investment or asset, often leading to a negative impact on financial performance.

Fixed Asset

Long-term tangible property or equipment that a firm owns and uses in its operations to generate income.

Liquidity

The convenience with which one can convert an asset into cash without influencing its market price.