In Time of Financial Stress, Training Is Often One of the First

question 141

Multiple Choice

In time of financial stress, training is often one of the first functions to be discontinued, because:

• A) Training is not considered part of the strategic plan. II. Training is treated as a cost with no quantifiable benefits. III. Management does not understand the connection between building and sustaining the organization's competencies and achieving profitability. IV. The correlation between the function of training and the function of product realization has not been established.
• B) I and II only
• C) I, II, and III only
• D) I, II, III, and IV
• E) II and IV only

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Definitions:

Social Class Concept

A categorization of individuals and groups based on various factors including wealth, occupation, and education, reflecting their position within a societal hierarchy.

Achieved Status

A social position that a person earns or chooses, reflecting personal skills, abilities, and efforts.

Ascribed Status

A social position assigned to an individual at birth or assumed involuntarily later in life, not a result of personal achievement.

Stratification

The arrangement or classification of something into different layers or categories, often used to describe social hierarchy and inequality.