Training Is Effective Only

question 1

Multiple Choice

Training is effective only:

• A) when it is focused on areas that are controllable by employees.
• B) when it is more costly than the problem itself.
• C) during times of economic downturn.
• D) when company morale is high.

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Definitions:

Situation Assessment

An analysis of the internal and external environment of a company to understand its current condition and identify opportunities and threats.

External Factors

Elements outside of an organization's control that can affect its performance and strategy.

Primary

Refers to first in order, importance, or original sources of information obtained directly from first-hand experience or research.

Economies of Scope

Cost advantages that a business experiences by producing a wider variety of products, rather than specializing in the production or provision of a single product or service.