The Key to Successful Training and Development Programs Is to

question 118

Multiple Choice

The key to successful training and development programs is to

• A) be sure they are worth the time taken to conduct them.
• B) be sure that the employees participating in them actually need that specific training.
• C) go into the training session with a range of possible, but all positive, outcomes.
• D) clearly state the objective to be achieved and be sure that the objective is measurable.
• E) be sure the employees participating are aware that they will be evaluated at the end of the session.

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Definitions:

Return on Assets (ROA)

A financial ratio that indicates how profitable a company is relative to its total assets, calculated as net income divided by total assets.

Return on Common Equity

A financial ratio indicating the amount of net income returned as a percentage of shareholders equity, measuring a company's profitability in generating profits from its equity financing.

Long-term Debt

Borrowings and financial obligations that are due for repayment beyond the period of one year.

Current Asset Turnover Ratio

A financial metric that measures the efficiency of a company's use of its current assets by comparing its net sales to its current assets.