Computer Based Training Will Be Less Important in the Next

question 56

True/False

Computer based training will be less important in the next 20 years.

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Definitions:

Product Life Cycle Costing

A method used to evaluate the total cost of ownership of a product across its entire life cycle from design through disposal, aiming to understand and manage costs better.

Responsibility Centres

Units or departments within an organization for which managers are responsible for controlling costs, generating revenue, or managing investments.

Design

This involves creating a plan or convention for the construction of an object, system, or measurable human interaction, taking into account aesthetic, functional, and many other considerations.

Non-Value-Added Activities

Non-value-added activities are processes or endeavors that do not contribute to the customer's perceived value of a product or service, often targeted for elimination in efficiency efforts.