A Training Process Is Critical to the Launch of a New

question 8

Multiple Choice

A training process is critical to the launch of a new compensation system. Our textbook identifies three groups of stakeholders that should be trained so as to facilitate the introduction of an effective compensation system. Which of the following stakeholders should have very detailed system knowledge?

• A) recruiters and secretarial personnel
• B) front-line supervisors and managers
• C) support personnel in the human resource department
• D) all customer-facing employees

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Definitions:

Accounts Receivable

Money owed to a company by its customers for goods or services already delivered but not yet paid for.

maturity Value

The amount that will be received at the maturity or expiration date of an investment, representing the principal plus interest.

Notes Receivables

These are written promises for amounts to be received by a business, typically including interest, evidence by a formal instrument.

Accounts Receivables

Refers to the amounts owed to a business by its customers for sales or services provided on credit.