Assessment Centers Are Used for Making Decisions About Promoting,evaluating,and Training

question 16

True/False

Assessment centers are used for making decisions about promoting,evaluating,and training managerial personnel.

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Definitions:

Monetary Costs

The financial expenses incurred in the acquisition of goods, services, or assets, measured in units of currency.

Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen.

Car Dealership

A business that sells new or used cars at the retail level, typically based on a dealership contract with an automaker or its sales subsidiary.

Benefits

The advantages or positive outcomes gained from a product or action.