Which of the Following Statements Is True Regarding Management Development

question 2

Multiple Choice

Which of the following statements is true regarding management development?

• A) Historically, most international businesses have been more concerned with management development than with training.
• B) Management development facilitates the creation of an informal network for sharing knowledge within the multinational enterprise.
• C) Management development refers to specific training efforts to prepare home-country nationals for foreign postings.
• D) Typically, management development programs use standard psychological tests to select managers for specific foreign postings.

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Definitions:

Movie Production

The process of producing a film, from initial concept and scripting through shooting and editing to its final release.

Accounts Payable

The amount of money a company owes to its creditors for goods or services purchased on credit.

Subsidiary Ledgers

Detailed ledgers that contain information about specific accounts, which then are summarized in a single control account in the general ledger.

General Ledger

A master accounting document providing a complete record of all the financial transactions of a business.