What Is the Difference Between Training and Employee Development

question 51

Essay

What is the difference between training and employee development?

Comprehend the significance of anticipatory socialization in preparing for future roles.

Recognize the influence of social circumstances on self-concept and behavior, illustrated by the Stanford prison experiment.

Identify the importance of total institutions in the process of resocialization.

Acknowledge the impact of the generalized other and socialization agents on individual development.

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Definitions:

Merchandise Inventory

Merchandise inventory comprises goods a retail business holds for sale to customers, reflecting the products available for resale.

Freight In

Freight in is the cost associated with transporting goods into a business from suppliers, and is often included in the inventory cost.

Merchandise Inventory

Refers to the products a company has in stock that are available for sale to customers.

Accounts Payable

Liabilities of a company representing amounts owed to creditors for goods and services that were purchased on credit.