The ASTD Competency Model

question 40

Multiple Choice

The ASTD competency model:

• A) is designed to help sales associates make more personal connections with shoppers.
• B) describes companywide effort to continuously improve the ways people, machines, and systems accomplish work.
• C) describes what it takes for an individual to be successful in the training and development field.
• D) is a framework to analyze competition in an industry and formulate a business strategy.

Understand the principles and applications of the perpetual and periodic inventory systems.

Recognize the impact of inventory management methods on financial statements and tax liabilities.

Determine the cost of inventory purchases and the effect of payment terms on inventory cost recording.

Identify the proper inclusion or exclusion of goods in transit, consigned goods, and goods out on consignment in inventories.

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Definitions:

Reader Benefits

Advantages or positive outcomes that a reader can gain from engaging with a text or message.

Task

A task is a piece of work or activity assigned to an individual or team as part of their responsibilities or goals.

Brainstorming

A creative group activity aimed at generating a wide range of ideas or solutions to a particular problem.

Obvious Features

Characteristics or attributes of a product, service, or situation that are readily apparent or easy to identify.