The first stage in the training design process involves ensuring that employees are ready for training.

Answer the following statement true (T) or false (F)


False

The first stage in the training design process is needs assessment. After the needs are assessed, the next step is ensuring that employees are ready for training. 

 

Refer To: Figure 7.2

Business

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A performance review system in which all employees within a business unit are ranked against one another is known as a   

A. standard curve. B. normal distribution. C. performance positioning. D. forced ranking. E. unit grading.

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A sample statistic is an estimate of the population parameter.

Answer the following statement true (T) or false (F)

Business

All other factors equal, a decrease in the order quantity will

a. decrease the annual carrying costs. b. decrease the annual ordering costs. c. increase the lead time. d. reduce the safety stock.

Business

Sid burned his own warehouse in an attempt to collect on a fire insurance policy. Sid has committed

A. arson since he maliciously used fire to damage or destroy personal property. B. larceny since he committed an act intended to wrongfully obtain money from his insurance company. C. a crime called "burning to defraud insurers" since the crime of arson only applies to property owned by another person. D. an intentional tort, but not a crime since a person has a right to destroy his own property.

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