As a Teaching Method in a Sales Training Program,on-The-Job Training

question 39

Multiple Choice

As a teaching method in a sales training program,on-the-job training:

• A)Usually is not liked by the trainees.
• B)Is not very good for refresher or continuation training.
• C)Places the trainee in a more realistic situation than any of the other teaching methods discussed in the book.
• D)Does not take too much executive time.
• E)Is really a "sink or swim" approach to training.

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Definitions:

Initial Cost

This is the amount required to start a project or investment, often encompassing purchase price, setup fees, and other initial expenses.

Technology Update

The process of implementing the latest technological advancements and improvements within a company or system to increase efficiency and competitiveness.

CCA Class

Refers to a category within the Capital Cost Allowance system in Canada, grouping assets with similar depreciation rates for tax purposes.

Net Present Value

The difference between the present value of cash inflows and outflows over a period of time for an investment.