Which of the Following Is True About Writing a Business

question 4

Multiple Choice

Which of the following is true about writing a business plan?

• A) It is the same as screening an opportunity.
• B) It is best thought of as a one-shot process.
• C) It is not a good idea to hire an outside professional to write the business plan.
• D) It is best to outsource this activity to make the plan more attractive to potential investors.

Comprehend different approaches to costing a training program, including how to group costs and identify specific cost examples.

Gain insights on enhancing the credibility of estimating the benefits of training programs and understanding why cost-effectiveness calculations are considered both art and science.

Differentiate between cost-effectiveness evaluation and cost-benefit evaluation in the context of training programs.

Recognize the importance for trainers and HR professionals to calculate and demonstrate the financial results of training and development investments.