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The Cost of Training Employees Would Be Classified as an External

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The cost of training employees would be classified as an external failure cost.


Definitions:

Research

A systematic approach of gathering data using an agreed-upon set of methods.

Organic Analogy

The belief that society is like an organism with interdependent and interrelated parts.

Functionalism

A theoretical framework that views society as a complex system whose parts work together to promote solidarity and stability.

Equilibrium

A state of balance or stability within a system, achieved when competing influences are equalized.

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