Explain the difference between “training” and “development” in the workplace.

What will be an ideal response?


Training is the process of teaching employees the skills necessary to perform a job. Training is intended to be used immediately by the employee being trained. Development is designed to teach workers skills they need to advance to higher-level jobs. Development is intended to be used sometime in the future by the employee being developed.

Business

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Which of the following transportation modes has the highest cost?

A) water B) truck C) air D) pipeline E) rail

Business

One of the provisions of the USA PATRIOT Act is ensure that every designated firm creates the position of compliance officer. Which of the items below is not one of the key duties?

a. Approve a written antimoney laundering program b. Written policies, procedures, and controls to prevent and detect money laundering c. Administering the firm’s computer monitoring program d. An ongoing employee training program

Business

Acceptance of goods is presumed when a buyer or lessee fails to reject the goods within a reasonable time.

Answer the following statement true (T) or false (F)

Business

Due to mergers and acquisitions in the software industry and ERP vendors moving into the supply chain applications market space, it is possible to purchase

a. best of breed solutions from leading providers in each category b. supply chain software suites that combine planning, execution, event management, and related capabilities c. spreadsheet software with expanded capabilities d. event management tools that monitor the supply chain for events that are out of tolerance

Business