Vestibule Training Is Most Likely to Be Appropriate When The

question 38

Multiple Choice

Vestibule training is most likely to be appropriate when the:

• A) organization hires people who do not already know how to use its equipment.
• B) tasks to be learned are relatively simple or the costs of an error are low.
• C) organization requires that employees learn to perform more than one job.
• D) employees prefer to have more variety in their work.

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Definitions:

Exercise Price

The price at which the holder of an option can purchase (or sell) the underlying security, such as a stock.

Net Profit

The amount of money left over from revenues after all expenses have been deducted, representing the actual profit of a business.

Convertible Bond

A fixed-income debt security that the holder can convert into a specified number of shares of common stock in the issuing company.

Conversion Price

The dollar amount of a bond’s par value that is exchangeable for one share of stock.