For Career Development to Be Successful,it Must

question 78

Multiple Choice

For career development to be successful,it must:

• A) focus solely on the needs of the employees.
• B) focus solely on the needs of the organization.
• C) be distinct from other HR efforts.
• D) be integrated with other HR efforts.

---

Definitions:

Well-Established Firms

Companies that have been in operation for a long time and have a firm position in the market.

Interest-Rate Cost-Of-Funds

The cost incurred by financial institutions to borrow funds, which influences the interest rates they charge for loans and mortgages.

Perfectly Elastic

A situation in market economics where the quantity demanded or supplied of a good changes infinitely in response to any change in price.

Market Interest Rates

The prevailing rates at which borrowers can obtain loans and lenders can offer loans in the financial market, depending on supply and demand dynamics.