What Impact Does Development Have on an Individual's Career

question 80

Multiple Choice

What impact does development have on an individual's career?

• A) The employee is likely to acquire abilities to handle a variety of assignments beyond those required for his or her current position.
• B) The employee's career goals will be subordinated to the organization's goals.
• C) The individual's marketability at other organizations will be reduced due to employer-specific specialization.
• D) The employee's ability to learn specific behaviors is likely to be compromised.

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Definitions:

FIFO

First In, First Out, an inventory valuation method where goods purchased or produced first are sold or used first.

LIFO

An inventory valuation method, "Last-In, First-Out," where the most recently produced items are recorded as sold first.

Average Cost

A method of inventory valuation which calculates the cost of goods sold based on the average cost of all similar items in inventory.

Periodic Inventory System

An accounting method where the inventory is physically counted at specific intervals to determine the cost of goods sold and the ending inventory balance.