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Level On,a firm that creates games for mobile devices and PCs,has a unique training program for all its new employees.The program lasts for five days and does not involve doing any work.During this period,the trainees are helped to settle in and understand the work culture at Level On.Among other things,the trainees learn about the company,its work culture,various department functions,their own job roles,and the roles of other employees.The form of training method used for new employees at Level On is known as _____.
Production Equipment
Machinery and tools that are used in the process of manufacturing goods.
Discount Rate
The interest rate used to discount future cash flows to their present value, assessing the attractiveness of an investment.
Salvage Value
is the estimated resale value of an asset at the end of its useful life, important for depreciation calculations.
Outflow
The movement of money out of a business or financial account, often associated with expenses or investments.
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