Career Development Tools Such as Psychological Testing,assessment Centers,and Performance Appraisals

question 117

Multiple Choice

Career development tools such as psychological testing,assessment centers,and performance appraisals are also used in:

• A) retraining programs.
• B) employee selection.
• C) socialization.
• D) orientation.

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Definitions:

Priority Establishment

The process of determining the importance or urgency of various tasks or projects, often used in strategic planning and project management.

Retention Ratio

The retention ratio is a financial metric indicating the percentage of net income that is retained by a company, rather than being paid out as dividends. It reflects a company’s reinvestment rate.

Plowback Ratio

A measure of how much of a company's profit is reinvested into the business, rather than being distributed to shareholders as dividends.

Dividends Payable

The amount of dividends that a corporation is committed to pay out to its shareholders at a specified date.