Some Companies Are Replacing Classroom Training with Computer-Based and Online

question 17

Multiple Choice

Some companies are replacing classroom training with computer-based and online training programs because these programs offer all of the following advantages EXCEPT

• A)reduced travel costs.
• B)online training programs are less difficult.
• C)online training offers consistent presentations.
• D)employees can learn at their own pace.

Recognize the inherent problems and inefficiencies of centrally planned economies, including the incentive and coordination problems.

Grasp the concept of the "invisible hand" and its implications for promoting societal interests through individual self-interest.

Distinguish between different economic systems (market system, command system) and their characteristics.

Understand the mechanisms of innovation and its challenges within different economic structures.

---

Definitions:

Microwave Ovens

Appliances that use microwave radiation to heat and cook food quickly and efficiently.

Efficiency

The ability to accomplish a task with a minimum expenditure of time and effort.

Curse of Knowledge

A cognitive bias that occurs when an individual, knowing something, finds it hard to imagine what it's like not to know it, affecting communication and teaching.

Computer Software

The collection of programs, procedures, and related data that instruct a computer what to do.