Erica Is Considering a Training Program for Her Sales Staff

question 11

Multiple Choice

Erica is considering a training program for her sales staff.Erica should begin with:

• A)Analyzing the potential benefits of the training.
• B)Assessing the different training programs available.
• C)Analyzing the needs of her sales staff.
• D)All of the choices are correct.

---

Definitions:

Unemployment

A situation where individuals who are capable and willing to work are unable to find jobs.

Interest Rates

The percentage charged on the total amount of borrowed money, reflecting the cost of debt for the borrower and the return on investment for the lender.

Unintended Inventory Changes

Variations in stock levels that occur when actual sales differ from anticipated sales, not resulting from planned actions by businesses.

Keynesian Models

Economic theories that emphasize the total spending in the economy and its effects on output and inflation, developed by John Maynard Keynes.