There Is No Significant Distinction Between the Terms Training and Development

question 23

True/False

There is no significant distinction between the terms training and development.

Recognize the significance of determinant attributes in consumer choice.

Distinguish between types of needs (functional, psychological) and their role in consumer behavior.

Explain the role of external influences (social, reference groups) on consumer attitudes and behaviors.

Understand the concept of Maslow's hierarchy of needs and its relevance to marketing.

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Definitions:

Training

An organization's planned efforts to help employees acquire job-related knowledge, skills, abilities, and behaviors, with the goal of applying these on the job.

Learning Organization

An organization that actively encourages, facilitates, and utilizes the learning of its members to continuously transform itself for better performance and innovation.

Human Resources

The department within an organization responsible for hiring, administering employee benefits, and managing employee relations and training.

Employee Satisfaction

A measure of how happy or content employees are with their jobs and work environment.