The effectiveness of a training scheme may be measured at different levels. Which of the following levels would be most
appropriate for a team leader seeking to evaluate a training programme designed to improve the productivity of her section?
The effectiveness of a training scheme may be measured at different levels. Which of the following levels would be most
appropriate for a team leader seeking to evaluate a training programme designed to improve the productivity of her section?
Rationale: Level 1 measures how employees rated the training. Level 2 measures how much they learned: what they know or can do that they didn't do before. However, for a manager concerned with departmental productivity, the important thing is
whether the trainees applied what they learned effectively to the job: Level 3. Level 5 is the impact of training on the wider
'good' of the organisation and its stakeholders: this kind of information is usually only available (and worth the cost o
f gathering and analysing it) at senior management level.
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Monetary policy is a government economic policy relating to:
1 Interest rates
2 Taxation
3 Public borrowing and spending
4 Exchange rates
Which of the above are correct?
Which of the following organisations might benefit from a period of high price inflation?
Which of the following are the goals of macroeconomic policy?
1 Encouraging economic growth
2 Low unemployment
3 Achievement of a balance between exports and imports
4 Achieving zero inflation
Which of the following is an example of cyclical unemployment?
A surplus on the balance of payments usually refers to a surplus or deficit on the account.Which word correctly complete this statement?
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