What Is the Process of Teaching Employees the Basic Skills

question 47

Multiple Choice

What is the process of teaching employees the basic skills they need to perform their jobs?

• A) Recruiting
• B) Training
• C) Orientating
• D) Managing
• E) Coaching

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Definitions:

Price-fixing

An illegal agreement among competitors to set prices at a certain level rather than allowing them to fluctuate naturally with market forces.

Clayton Act

A U.S. antitrust law, enacted in 1914, aimed at promoting fair competition and preventing monopolies.

Illegal Cooperative Agreements

Illegal cooperative agreements refer to unlawful arrangements between competing businesses to fix prices, divide markets, or engage in other anti-competitive practices.

Trade Restraint

Any measure or policy that restricts international trade, including tariffs, quotas, and embargoes.