Explain the Difference Between "Training" and "Development" in the Workplace

question 55

Essay

Explain the difference between "training" and "development" in the workplace.

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Definitions:

Horizon Analysis

A method used in finance to evaluate investments by forecasting their returns or performance over a specific future period.

Yield Curve

A graph that shows the relationship between interest rates and the time to maturity of debt for a given borrower in a given currency.

Perpetuity

A type of annuity that pays an infinite series of cash flows with no end, often used as a model for valuing stocks.

Interest Rates

The price, expressed as a percentage of the principal, that a lender demands from a borrower for the borrowing of assets.