In Which Management Development Technique Are Management Trainees Released from Their

question 57

Multiple Choice

In which management development technique are management trainees released from their regular duties so that they can work full time on projects,analyzing and solving problems in other departments?

• A) Action learning
• B) Off-the-job training
• C) The coaching/understudy approach
• D) Job rotation
• E) The case study method

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Definitions:

Yield to Maturity

The expected overall yield of a bond, assuming it is retained until its maturity date, comprising of both interest earnings and profits from capital appreciation.

Coupon Rate

Yearly interest percentage on a bond, calculated against its nominal value.

At Par

Refers to a financial instrument (e.g., bond or stock) being traded at its face value.

Convertible Bond

A type of corporate bond that can be converted into a pre-specified amount of the issuing company's equity at certain times during its life, usually at the discretion of the bondholder.