If ROI Is 2

question 29

Multiple Choice

If ROI is 2.0, what does this mean for a training program's utility calculation?

• A) that $2 was spent on the program, which should provide a negative $2 in utility
• B) that there is a return of $1 for every $2 in utility
• C) that $1 was spent on the program for every $2 received as net utility
• D) that there is a positive utility result

Compute and interpret the median and mode from given data sets.

Apply the empirical rule for data having a bell-shaped distribution.

Understand the importance and application of operational definitions in psychological research.

Grasp the influence of misinformation, biases, and critical thinking roadblocks on perception and belief formation.

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Definitions:

Organizational Culture

The shared values, beliefs, practices, and norms that define the social and psychological environment of a business organization.

Internal Recruiting

The process of filling job vacancies within an organization by considering current employees for advancement or lateral job moves.

Higher-level Openings

Job vacancies that are available at a more senior, advanced, or skilled level within an organization.

New Ideas

Innovative or original thoughts and concepts that have not been previously considered or explored.