ECONOMICS (CBSE/UGC NET)

ECONOMICS

OPPORTUNITY COST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Improved Methods is also known as
A
On the Job Training
B
Working more
C
Working Less
D
Being unemployed
Explanation: 

Detailed explanation-1: -On the Job Training Methods (OJT): When an employee learns the job in actual working site in real life situation, and not simulated environment, it is called On-the-job training and also called as Workplace training.

Detailed explanation-2: -What is on-the-job training? On-the-job training ( OJT ) is a practical approach to acquiring new competencies and skills needed for a job in a real, or close to real, working environment. It is often used to learn how to use particular tools or equipment in a live-work practice, simulated, or training environment.

Detailed explanation-3: -On the job training is a form of training provided at the workplace. During the training, employees are familiarized with the working environment they will become part of. Employees also get a hands-on experience using machinery, equipment, tools, materials, etc.

Detailed explanation-4: -On-the Job Training (OJT) means training in the public or private sector that is given to. a paid employee while he or she is engaged in productive work and that provides. knowledge and skills essential to the full and adequate performance on the job.

Detailed explanation-5: -Case Studies. Coaching. eLearning. Instructor-Led Training. Interactive Training. On-the-Job Training. Video-Based Training. 09-Feb-2023

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