Which of These Is a Suggested Guideline for Training

question 35

Multiple Choice

Which of these is a suggested guideline for training?

• A)It should be provided only at the initial stage of employment.
• B)Employees should practice what they have learned on their own time.
• C)Have employees sign long-term contracts so they do not leave after receiving training.
• D)Think of it as an investment.

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Definitions:

Marginal Product

The extra production obtained by employing an additional unit of a variable resource, while keeping the rest of the inputs unchanged.

Fixed Cost

Expenses that do not change in the short term regardless of the level of production or output.

Average Fixed Cost

The fixed costs of production (costs that don't change with the level of output) divided by the quantity of output produced.

Marginal Product

The additional output resulting from a one-unit increase in the input of a particular productive resource, holding all other inputs constant.