Which of the following statements is true regarding management development?
a) Rotating managers through different jobs in several countries as a part of management development programs leads to adaptation problems.
b) Management development programs can be used to foster esprit de corps but is rarely used for developing technical competencies
c) Management development programs attempt to increase skill levels by focusing mainly on providing management education.
d) Management development programs help improve the overall productivity and quality of the firm's management resources.
Ans: d) Management development programs help improve the overall productivity and quality of the firm's management resources.
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In a short essay, list and discuss the four primary scales of measurement. Include an example of how each scale of measurement is used in marketing research
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Which one of the following statements does not describe a defined benefits plan?
(a) funded by a specified payment to the account of each participant (b) includes a formula that defines the benefit an employee is to receive (c) annual contribution by employer made on an actuarial basis (d) employees can be required to contribute to the plan