Some Organizations Use Their Own Off-The-Job Training Facilities

question 31

Multiple Choice

Some organizations use their own off-the-job training facilities. What is the name of the training facility referenced in the textbook that is used by the Bank of Montreal to train many of its employees?

• A) BMO Learning Academy
• B) Institute for Training and Development
• C) Institute for Learning
• D) BMO University Centre

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Definitions:

Benefits Fair

An event hosted by employers where employees are provided information on available benefits, such as health insurance, retirement plans, and wellness programs.

Job Commitment

The psychological attachment or loyalty an individual feels towards their job, often reflected in their willingness to continue working and performing well.

Early-retirement Incentives

Benefits offered to employees as encouragement to retire before the standard retirement age.

Compulsory Waiver

An obligatory relinquishment of a right, claim, or privilege, often required by contract or law.