A New Approach to Developing Managers That Many of Today's

question 30

True/False

A new approach to developing managers that many of today's best companies are taking is called global placement programs, which place employees with nonprofit organizations or small businesses, often in developing countries, to provide free or low-cost technical and managerial assistance.

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Definitions:

Hiring Freeze

A policy or decision by an organization to temporarily halt the recruitment of new employees, often due to financial constraints.

Dismissal

The act of terminating an employee's contract, commonly due to performance issues, misconduct, or organizational restructuring.

Performance

The execution of tasks and duties by an employee or organization measured against preset standards.

Unemployment Compensation

Government-provided financial assistance to individuals who are unemployed through no fault of their own and are actively seeking work.