This approach by trainers at Lako Systems trying to maximize the transfer of learning by demonstrating processes on the manufacturing floor rather than just describing them is known as Transfer of training.
<h2>What is transfer of training?</h2>
Applying knowledge and abilities learned during training to a specific job or role is known as transfer of training.
Transfer of training, for instance, happens when a worker applies the safety habits they learned in the classroom to their workplace.
The theory of transfer of training describes the positive, zero, or adverse performance results of a training program. It is a specific application of the theory of transfer of learning.
Many firms now strive to achieve the positive transfer of training, or the improvement in work performance attributable to training.
Training methods, workplace dynamics, and trainee characteristics all play a role in achieving this objective of positive transfer.
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Answer:
Option Contract
Explanation:
According to the Laws Termination of the Power of Acceptance, there are four types of offer terms. These types are Counter Offer, Option Contract, Conditional or Qualified Acceptance, and Firm Offer. With these 4 types being the options, based on the description given in the question we can say that the one being described is an Optional Contract. Which as described in the question is a contract that is held open for a period of time in which it cannot be revoked.
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The ratio of the percentage
change in the quantity demanded of a good to a percentage change in its price
refers to the price elasticity of demand.
<span>To add, price elasticity of demand (PED or Ed) is a measure used
in economics to show the responsiveness, or elasticity, of the quantity
demanded of a good or service to a change in its price, ceteris paribus.</span>
Wages would fall as the number of workers available grows. Landowners in Louisiana will earn more rent as the demand for land increases.
<h3>What is the
law of demand and supply?</h3>
The law of supply and demand is still in effect:
Wages: when the amount supplied increases, but the quantity required does not, the price falls.
When the quantity required increases without the quantity supplied increasing, the price rises.
Thus, Wages would fall as the number of workers available grows.
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