Which of the Following Statements About Training Is False

question 28

Multiple Choice

Which of the following statements about training is false?

• A)It can educate employees about the firm's policies and expectations, as well as about relevant laws and regulations and general social standards.
• B)It can dictate personal ethics on the job so employees no longer have differences in beliefs.
• C)It can make employees aware of available resources, support systems, and designated personnel who can assist them with ethical and legal advice.
• D)It can empower employees to ask tough questions and make ethical decisions.
• E)It can affect the influence of organizational culture, coworkers and superiors, and opportunity.

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Definitions:

Profit

The financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes needed to sustain those activities.

Kinked-demand Curve

A demand curve that has a distinct bend or kink at a certain price level, often used to describe oligopolistic markets where firms face a different elasticity of demand for price increases versus price decreases.

Relatively Elastic

Describes a situation where the quantity demanded or supplied of a good or service changes significantly due to a small change in price.

Relatively Inelastic

This term describes a situation where the demand for a good or service changes by a smaller percentage than the changes in price, indicating that consumers are less sensitive to price changes.