One of the Characteristics of the Most Effective Training Practices

question 59

Multiple Choice

One of the characteristics of the most effective training practices is:

• A) training starts at the bottom of the organization.
• B) training is part of the corporate culture.
• C) training is evaluated by checking participant reactions.
• D) little time is spent assessing training needs.

---

Definitions:

Potential GDP

The maximum output an economy can achieve when all resources are used efficiently and effectively, without causing inflation.

Cost-Push Inflation

Inflation that occurs when the prices of inputs such as labor and raw materials go up, causing a reduction in the supply of these products.

Expansionary Gap

A condition where an economy's real GDP exceeds its potential GDP, leading to inflationary pressures.

Recessionary Gap

A situation where the real Gross Domestic Product (GDP) is lower than the potential GDP, indicating an economy operating below its full capacity.