An Analysis Identifying the Jobs, People, and Departments for Which

question 120

Multiple Choice

An analysis identifying the jobs, people, and departments for which training is necessary is a(n)

• A)development exercise.
• B)performance appraisal.
• C)situational analysis.
• D)needs assessment.
• E)environmental scanning.

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Definitions:

Total Revenue

The total amount of money a firm receives from its sales of goods or services, calculated by multiplying the price per unit by the number of units sold.

Average Revenue

The amount of money a company makes for each unit of product sold, which is found by dividing the overall revenue by the number of units sold.

Competitive Market

A market structure characterized by a large number of buyers and sellers, where each has a negligible impact on market price.

Marginal Revenue

The additional income that will be generated by increasing product sales by one unit.