What Is the Fundamental Goal of Training and Development? Explain

question 34

Essay

What is the fundamental goal of training and development? Explain how training helps organizations to achieve that goal. Explain how development aids in achieving that goal.

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Definitions:

Fair Value

An estimate of the market value of an asset or liability, based on current market prices.

Probable Future Sacrifices

The expected relinquishment of assets as a result of obligations.

Liabilities

Economic obligations or debts owed by a business to others, typically arising in the course of its operations.