A training method where a trainee learns by working closely under the supervision of an experienced employee is called:
A) simulation training.
B) role-playing.
C) on-the-job training.
D) classroom teaching.
E) online training.
Question 2 - A written pledge by a borrower to pay a certain sum of money to a creditor at a specified future date is called:
A) collateral.
B) a promissory note.
C) a term loan agreement.
D) a charge account.
E) a factor account.
Question 3 - _____________ can accommodate many trainees at once and provides personal interaction for trainees.
A) Orientation
B) On-the-job training
C) Simulations
D) Online training
E) Classroom teaching
Question 4 - Sally is evaluating two different investment opportunities. One investment appears to be speculative and uncertain, but the potential rewards are substantial. The other investment seems much more predictable, but the potential payoff is low. You suggest that she consider _______ in reaching her decision.
A) the risk-return ratio
B) entrepreneurial analysis
C) capital allocation
D) SWOT analysis
E) the acid-test ratio
Question 5 - American Airlines found that for some jobs it was unwise to train workers on equipment used at the work site. Instead, they set up a special facility where new employees could be trained on equipment similar to what they'll use on the job. This is a form of _____ training.
A) online
B) conference
C) on-the-job
D) simulation
E) apprenticeship
Question 6 - According to the risk-return ratio, which of the following statement is correct?
A) There is no relationship between risk and return.
B) Decisions involving higher risk should yield higher returns.
C) Decisions involving lower risk should yield higher returns.
D) Decisions involving more risk should yield fewer returns.
E) Decisions involving high risk should yield more predictable returns.
Question 7 - The primary benefit of _______ is that it can be an inexpensive way to consistently train a large number of employees.
A) orientation
B) on-the-job training
C) online training
D) a simulation
E) classroom training
Question 8 - The _____ ratio is based on the principle that a high-risk investment should generate higher financial returns for a business and more conservative decisions often generate lesser returns.
A) risk-return
B) solvency
C) earnings
D) quick return
E) current
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