When Selecting a Training Method the Analyst Should Consider the Cost

question 77

True/False

When selecting a training method the analyst should consider the cost to develop the training program, the cost to deliver the training program, the reach, and the impact.

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Definitions:

Payback Method

An investment appraisal technique that calculates the amount of time required for an investment to generate cash flows sufficient to recover its initial cost.

Cash Inflows

Money or equivalent value received by a business, often from operations, investments, or financing activities.

Discounting

The process of determining the present value of a future amount of money or stream of income.

Payback Period

The length of time it takes to recover the cost of an investment.