Employee Development Can Be Defined as the Process of Enhancing

question 55

True/False

Employee development can be defined as the process of enhancing an employee's future value to the organization by expanding their potential through various learning processes.

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Definitions:

Disposable Income

The disposable income households have for expenditures and savings, post-income taxation.

C + I

A formula component in macroeconomics representing total private consumption (C) plus total private investment (I).

MPS

The marginal propensity to save, which is the fraction of an additional unit of income that is saved rather than spent.

Expected Rate of Profit

The anticipated return on investment, representing the gain or loss compared to the initial investment amount.