If the Training Department Does Not Have the Time or Resources

question 32

Multiple Choice

If the training department does not have the time or resources to conduct a needs analysis but can use existing data and other information that is available, what is it doing?

• A) a streamed needs analysis
• B) a basic needs analysis
• C) a rapid needs analysis
• D) a short needs analysis

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Definitions:

Required Reserve Ratio

The fraction of deposits that regulators require a bank to hold in reserve and not loan out, in order to ensure bank liquidity.

Money Supply

The comprehensive sum of all money available in an economy, counting cash, coins, and figures in checking and savings accounts, at a precise time.

Federal Reserve

The central bank of the United States, responsible for setting monetary policy, regulating banks, and ensuring the stability of the financial system.

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash and bank deposits.