Employee Training Focuses on Short-Term Skills, While Employee Development Focuses

question 331

True/False

Employee training focuses on short-term skills, while employee development focuses on long-term abilities.

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Definitions:

Globalization

The process of increased interconnectedness among countries, primarily in economics, politics, and culture, due to advances in communication and transportation.

International Trade

The exchange of goods, services, and capital between countries, driven by a desire for economic benefit and efficiency.

Economic Changes

Refers to shifts in the structure, performance, or organization of an economy, including changes in market conditions, regulatory environments, and the distribution of wealth and resources.

CSR

Corporate Social Responsibility; a business model in which companies integrate social and environmental concerns in their operations and interactions with stakeholders.