Development

question 16

Multiple Choice

Development:

• A)concentrates on employees' behaviors instead of their skills.
• B)makes very little use of employees' work experiences.
• C)prepares employees for changes.
• D)has a short-term orientation.
• E)concentrates on employees' skills rather than behaviors.

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Definitions:

Strip Bond

A debt security that is derived from the coupon and principal payments of a bond, which are separated ("stripped") and sold as individual zero-coupon bonds.

Compounded Semi-Annually

Interest calculated on the principal and previously earned interest twice a year.

Quarterly Compounded

An interest calculation method where interest is added to the principal every quarter, increasing the amount of interest earned or paid.

Nominal Rate

Nominal Rate refers to the interest rate before adjustments for inflation or other factors. It is the rate quoted on loans and savings without taking into account the real purchasing power of the money.