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a) Identify the four levels of Kirkpatrick's hierarchical model of evaluation and briefly explain the concerns with it.?b) What is the fundamental difference between Level 4 and Level 5 (the new addition to the original four levels of Kirkpatrick's model)?
Industrial Machinery
Machines and equipment designed and used in the manufacturing and production sector.
Factor Of Production
Resources utilized in the creation of goods and services, including land, labor, capital, and entrepreneurship.
Constant Returns To Scale
a condition in production where increasing the inputs by some proportion leads to an increase in output by the same proportion.
Physical Capital
Physical assets including facilities, tools, and machines utilized for manufacturing products and providing services.
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