Identifying Training Needs Involves All of the Following Except

question 19

Multiple Choice

Identifying training needs involves all of the following except?

• A) Examine the organization
• B) Looking at educational standards in the local area
• C) Looking at job tasks
• D) Looking at individual employee performance

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Definitions:

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive, evidencing economic benefit.

Costume Jewelry

Jewelry made from inexpensive materials and imitation gems, designed to provide an attractive appearance at a lower cost than jewelry made from precious metals and stones.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service versus what they actually pay.

Equilibrium Price

The price at which the quantity of a good demanded by consumers equals the quantity supplied by producers.