a. If only one program could be instituted and there is a heterogeneous population of people who need job training, which program would you choose and why? b. Based on this information in the chart, what would you need to assume to be sure that the program you chose in (a) is the most cost-effective for the group as a whole? Why?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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M1
a. If only one program could be instituted
and there is a heterogeneous population
of
people who need job training, which
program would you choose and why?
b. Based on this information in the chart,
what would you need to assume to be
sure
that the program you chose in (a) is the
most cost-effective for the group as a
whole? Why?
Transcribed Image Text:a. If only one program could be instituted and there is a heterogeneous population of people who need job training, which program would you choose and why? b. Based on this information in the chart, what would you need to assume to be sure that the program you chose in (a) is the most cost-effective for the group as a whole? Why?
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