Peer learning
In group work, students will learn from their fellow students. Sometimes peers will be able to explain concepts or ideas to their fellow students better than a lecturer or teacher.
Improves critical thinking
During the group work process students will be expressing their opinions or ideas with the other students in the group providing feedback. This feedback to each student will include critique as well as the interpretation of the opinions or ideas expressed. The final piece of group work will be based on the total opinions and ideas discussed.
Enhances problem solving
Each piece of group work provided for collaborative learning will require some problem solving. Every member in the group will need to help solve the problem in order to complete the task.
Improves communication skills
Working in groups to learn will encourage people to improve their communication skills. They will need to learn how to communicate their opinions or ideas, how to listen to other people’s opinions or ideas and provide feedback.
Improves cultural awareness
People from different backgrounds and cultures may have different ways to learn as well as different opinions or ideas than other people in the group. By working in groups, these differences will be highlighted and will improve people’s awareness.
This term shows how responsive the quantity of demand for a product will be when you change the price. People will not always purchase your product if the price is too high.
To show that you have experience in the working field like if you're working in construction, masonry, carpentry, ect. But you want to be a brick welder and your employer will look at your job history and see the experience in the jobs that you worked for in the previous years and he would have a higher percentage of hiring you because of your experience.
The difference between the standard cost of a product and its actual cost is called a cost variance. Therefore the statement is true.
<h3>What is the objective of variance?</h3>
Changing across all of the pieces of information in a data set, variance is a measurement of distribution. It enables us to estimate how far away a set of factors are from each other.
To describe the variation or difference between the standard cost of a product and its actual cost the use of cost variance is done. It is utilized to estimate the financial performance of any project.
Therefore, the statement is True.
Learn more about Variance, here:
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