A Method Developed in the Mid-1990s as an Efficient Means

question 29

Multiple Choice

A method developed in the mid-1990s as an efficient means to quickly consolidate a fragmented industry can be referred to as a

• A) merger.
• B) strategic rollup.
• C) cost strategy.
• D) differentiation strategy.
• E) focus strategy.

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Definitions:

Training Programs

Structured educational processes designed to enhance the knowledge, skills, and competencies of individuals in a specific area or job.

Non-Monetary Benefits

Non-monetary benefits refer to incentives or compensations provided to employees that do not involve direct cash payments, such as health insurance, flexible working hours, or company discounts.

Level 3 Evaluation

Level 3 Evaluation measures the behavioral change and extent of application of newly learned skills in the workplace following a training program, as part of the Kirkpatrick Model.

Indirect Cost

Expenses not directly tied to the production of goods or services, such as overhead costs.