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______________ Involves the Identification of the Tasks,knowledge,skill,and Behaviors That Should

question 52

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______________ involves the identification of the tasks,knowledge,skill,and behaviors that should be included in a training program.


Definitions:

Natural Monopolist

A single firm that can supply a product or service to an entire market at a lower cost than two or more firms, due to economies of scale.

Marginal Cost

The increase in expense a business incurs by manufacturing one more unit of an item.

Subsidize

The act of providing financial assistance or support, typically by the government, to reduce the cost of producing goods or services.

Antitrust Laws

Legislation enacted by the government to prevent new monopolies from forming and police those that exist to protect consumers from exploitative practices.

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