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After Creating Training and Development Programs,managers Should Perform a Needs

question 88

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After creating training and development programs,managers should perform a needs assessment to determine which employees need training or development and what type of skills or knowledge they need to acquire.

Calculate and interpret the inventory turnover rate and understand its implications for business operations.
Determine and analyze the average collection period for accounts receivable.
Compute the operating cycle of a company and assess its significance in financial analysis.
Understand the calculation and implications of accounts receivable and accounts payable metrics.

Definitions:

Stereotype

A generalized belief or expectation about a particular group or class of people that individuals apply to members of that group.

Self-fulfilling Prophecy

A prediction that directly or indirectly causes itself to become true, due to positive feedback between belief and behavior.

Social Cognition

The study of how people process social information, including understanding others, social attitudes, and cognition in social contexts.

Attribution

The process of ascribing causes to behaviors and events, often influencing how individuals understand and react to the world around them.

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