The Organizational Needs Analysis Should Translate the Organization's Objectives into a Clear

question 53

True/False

The organizational needs analysis should translate the organization's objectives into a clear statement of goals for training and development.

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Definitions:

Average Total Cost

Firm’s total cost divided by its level of output.

Marginal Cost

The growth in complete cost incurred from manufacturing an additional unit of a product or service.

Monopolist

An entity that is the sole provider of a particular good or service, giving it significant control over market prices.

Profit Maximizing

The process or strategy where a firm adjusts its production and sale of goods to achieve the highest possible profit.