All of the Following Are Educational or Managerial Advantages of Delayed

question 31

Multiple Choice

All of the following are educational or managerial advantages of delayed training,except for:

• A)It is easier to train people who have had some field experience.
• B)Weak salespeople usually are eliminated before being put through an expensive training program.
• C)Delayed training better pinpoints what type of training is needed.
• D)People who have had some sales experience are more eager to get answers to the problems they faced in the field.
• E)It is particularly good when you are selling complex products calling for a polished sales presentation.

Recognize legal requirements and implications concerning notice of termination.

Know the enforceability conditions of employment contracts.

Understand occupational health and safety obligations of employers towards employees.

Grasp the basics of employment standards laws including minimum wage.

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Definitions:

Gains From Trade

The benefits obtained by countries or individuals from engaging in international trade, allowing for specialization and more efficient production.

Fewer Resources

A decrease in the availability of inputs required for production or consumption, often leading to increased competition or prices.

Production Possibility Frontier

A graph that shows the highest possible mix of two goods that can be made with the existing resources and technology.

Opportunity Cost

The price paid for not choosing the next most favorable option when making a decision or opting for one alternative over another.