The advantages of this type of training are that it is inexpensive, easy to implement, and provides real-world immersion for the trainee.
A) Classroom training
B) Role-playing
C) Simulations
D) Online training
E) On-the-job training
Question 2 - Brian needs major financing for the educational software company he has founded. He is offering an equity stake of 5 in exchange for an investment of 500,000. Brian is valuing his business at:
A) 5,000,000
B) 25,000,000
C) 1,000,000
D) 2,500,000
E) 10,000,000
Question 3 - A situation in which participants role-play so that they can better understand how to do their job is a form of _____ training.
A) simulation
B) conference
C) on-the-job
D) online
E) apprenticeship
Question 4 - Hiromi has invented a nanogel that can heal burns more quickly than conventional wound dressings. She is seeking an investor to further develop and market her product. She offers an interested investor a 30 share of her company in return for a 600,000 investment. How much does Hiromi feel her company is worth?
A) 2,000,000
B) 20,000,000
C) 200,000,000
D) 18,000,000
E) 1,800,000
Question 5 - New employees at Disney World in Orlando spend their first several days learning Disney's customer service standards. They do this by meeting as a group and listening to lectures from experienced cast members and managers at Disney World. This type of training is:
A) on-the-job training.
B) a simulation.
C) classroom teaching.
D) online training.
E) apprenticeship.
Question 6 - You would like to start a small photography business. You own a nice camera, but you need to purchase some additional equipment in order to get your business started. You approach your parents and offer them 10 equity in your business for a 2300 investment. Given these numbers, what do you feel your company valuation is?
A) 2300
B) 4370
C) 43,000
D) 23,000
E) 17,500
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