In the Context of Training and Development, Effective Orientation Programs

question 87

Multiple Choice

In the context of training and development, effective orientation programs typically focus on:

• A) decreasing employee liability.
• B) increasing efficiency and productivity.
• C) introducing employees to the company culture.
• D) increasing innovation in strategies and products.

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Definitions:

Legal Entity

A legally constituted organization that has the authority to enter into contracts, sue and be sued, and own assets separately from its owners or members.

Consolidation

The act of merging multiple entities into one, often to streamline operations and reduce costs, or in financial terms, combining financial statements of parent and subsidiary companies.

Subsidiary

A company that is controlled by another company, typically referred to as the parent company.

White Knight

When a firm is an acquisition target by an unattractive suitor, a more desirable acquirer is known as a white knight. (The original suitor may be known for particularly ruthless treatment of acquired companies.)