Organizations That Have Extensive Employee Development Programs Run the Risk

question 83

True/False

Organizations that have extensive employee development programs run the risk of being training centres for other firms that hire away their employees. Consequently, organizational development efforts need to be strictly tied to current and immediate organizational needs.

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Definitions:

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of the business.

Debt-To-Equity Ratio

A metric that shows the balance between the amount of a company's assets financed by owners' equity and that financed by debt.

Working Capital

Working capital represents a company's operating liquidity and is calculated as current assets minus current liabilities.

Long-Term Assets

Assets that a company plans to hold for more than one fiscal year, such as buildings, land, and equipment.