What Is the Most Likely Explanation for Why Manufacturing Companies

question 67

Multiple Choice

What is the most likely explanation for why manufacturing companies provide so much technical skills training in Canada?

• A) low numeracy and literacy levels
• B) more and more organizations are using computers to drive up productivity
• C) change and global competition
• D) long technology product cycles

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Definitions:

Security Market Line

A line that represents the risk versus expected return of the market; used to assess the performance of investments compared to the market.

Systematic Risk

The inherent risk associated with the overall market or economy that cannot be eliminated through diversification.

Expected Return

The anticipated return on an investment, calculated as the weighted average of all possible returns with the probabilities of their occurrence.

Recessionary Period

denotes a time of economic decline when the economy reduces its activities significantly, typically marked by decreases in spending and increases in unemployment.