While Evaluating Training Programs, Return on Investment Can Be Used

question 9

Multiple Choice

While evaluating training programs, return on investment can be used to measure _____.

• A)acquisition of knowledge
• B)company payoffs
• C)economic value of training
• D)reaction to program
• E)employees' skills

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Definitions:

Network Design Phase

The stage in supply chain management that involves planning and determining the most efficient and effective layout of operations and logistics.

Capacity Allocation

Involves the strategic distribution of resources and workloads across production or service delivery systems to optimize output and efficiency.

Facility Location

Involves determining the most optimal placement for a firm's manufacturing or distribution facilities to minimize costs and maximize service quality.

Facility Location Decisions

The process of determining the most suitable locations for production or service facilities based on factors such as cost, access to markets, and logistics.