When a Management Development Program Is Individualized and It Is

question 22

Multiple Choice

When a management development program is individualized and it is aimed at filling a specific executive position, this process is usually called which of the following?

• A) Management needs development
• B) Individual development
• C) Management forecasting
• D) Succession planning
• E) Personnel planning

---

Definitions:

Inferior Good

A type of good for which demand decreases as the income of consumers increases, opposite to normal goods.

Airline Travel

The process of transporting passengers and cargo by aircraft from one location to another.

Normal Good

A type of good for which demand increases as the income of individuals increases, reflecting a direct relationship between income and demand.

Demand Curve

A graph showing the relationship between the price of a good or service and the quantity of it that consumers are willing to purchase at various prices.