The First Step in the Development of an In-Service Training

question 8

Multiple Choice

The first step in the development of an in-service training program using an instructional system for employee competency in the laboratory is:

• A) direct observation of routine patient test performance.
• B) preparation of a written procedure.
• C) implementation of a schedule.
• D) a needs assessment or gap analysis.

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Definitions:

Perfectly Inelastic

A situation in demand where the quantity demanded does not change regardless of changes in price.

Price Elasticity of Demand

A measure of how much the quantity demanded of a good responds to a change in the price of that good, computed as the percentage change in quantity demanded divided by the percentage change in price.

Binding Price Ceiling

A government-imposed limit on how high a price can be charged for a product or service, which is set below the market equilibrium price, leading to shortages.

Supply and Demand Relationships

Fundamental economic concepts that describe how the availability of goods (supply) and the desire for them (demand) interact to determine market prices and quantities.