Training Focuses on Current Jobs, Whereas Development Prepares Employees for Future

question 18

True/False

Training focuses on current jobs, whereas development prepares employees for future jobs.

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Definitions:

Book Values

The net value of a company's assets, as recorded in its financial statements, minus its liabilities and intangible assets.

Market Value

The estimated amount for which an asset or company could be sold on the open market.

Retention Ratio

The portion of a company's earnings that is not distributed as dividends but is retained by the business for reinvestment.

Retained Earnings

The portion of a company’s net profits that are kept within the company instead of being paid out to shareholders as dividends.