Which of the Following Is a Difference Between Team Training

question 3

Multiple Choice

Which of the following is a difference between team training and managerial training?

• A) Team training occurs on an individual basis, while managerial training occurs through in-house training exclusively.
• B) Team training has an external orientation, while management training has an internal orientation.
• C) Team training involves all employees working in groups, while managerial training is aimed at candidates for promotion.
• D) Team training involves administrative aspects of a job, while managerial training focuses on cohesiveness among employees.
• E) Team training is conducted for employees who are experienced in the company, while managerial training is for novices.

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Definitions:

Marginal Revenue

The extra revenue gained by selling an additional unit of a product or service.

Economies of Scale

Cost advantages that entities attain due to the scale of operation, with costs per unit of output generally decreasing with increasing scale.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, measuring the performance exceeding opportunity costs.