Career Development Is Best Defined as A

question 54

Multiple Choice

Career development is best defined as a:

• A) one-time event or opportunity to enhance long-term skills.
• B) formal, organized, ongoing effort to develop people skills.
• C) highly selective process which guarantees success.
• D) process that focuses on immediate job requirements.

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Definitions:

Profit-sharing Plans

A company program where employees receive a portion of the profits based on the company's earnings.

Fixed Costs

are business expenses that remain unchanged irrespective of the level of production or sales activity, such as rent, salaries, and insurance.

Line of Sight

The clear and understandable link employees see between their job performance and outcomes and the overall objectives or goals of the company.

Straight Commission Plan

A compensation strategy where an employee's pay is based solely on sales generated or results achieved, without a base salary.