Continual Training Is Necessary to Update Knowledge and Skills in Firms

question 15

True/False

Continual training is necessary to update knowledge and skills in firms of all sizes.

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Definitions:

Opportunity

A set of circumstances that makes it possible to do something or for something to happen, often leading to potential benefits or advancement.

Strategic Planning Team

A group of individuals from various departments within an organization responsible for developing long-term goals and strategies.

Mission Statement

Written explanation of an organization’s business intentions and aims.

Company's Objective

A set of goals or objectives that a company aims to achieve, which guide its internal strategy and decision-making processes.