A Structured Process by Which Individuals Become Skilled Workers Through

question 5

Multiple Choice

A structured process by which individuals become skilled workers through a combination of classroom instruction and on-the-job training is referred to as

• A) vestibule training.
• B) job instruction training.
• C) apprenticeship training.
• D) computerized training.
• E) blended learning.

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Definitions:

Higher Profits

The increased financial gain achieved by a business when its revenue exceeds its expenses by a greater margin than before.

Costs

Costs refer to the amount of money required for the production of goods or services, including expenses related to labor, materials, and overheads.

Competitors

Entities or individuals that are in the same industry or market and vie for the same customers or resources.

Decrease Supplier Power

Involves strategies or actions taken by purchasing companies to reduce the influence and control of their suppliers over prices, terms, and supply.