An Important Goal in Management Development Programs Is To

question 61

Multiple Choice

An important goal in management development programs is to:

• A) build an informal network of contacts
• B) encourage the cross-transfer of skills and knowledge
• C) encourage cross-cultural literacy
• D) enhance the employability of participants
• E) build a unifying culture

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Definitions:

Required Rate of Return

The minimum expected return an investor demands for the risk associated with holding an investment.

Operating Cash Flow

The cash generated from the normal operating activities of a business over a specific period.

CCA Class

A category within the Capital Cost Allowance system in Canada that groups depreciable assets based on their type and the rate at which they can be depreciated for tax purposes.

Interest and Taxes

Interest and taxes are financial charges: interest is the cost of borrowing money, while taxes are mandatory contributions levied by governments on individuals and corporations.