Discuss the difference between training and development and provide an example of each
Training refers to the new skills learned that are supposed to help improve performance on the current job. An example would be some type of new-skills training designed to show employees how to operate their machinery more efficiently. Development is broader in concept and refers to the knowledge and new skills an employee learns that will help him or her on future jobs. Development is designed to further the employee so that in the future he or she can be more valuable and productive within the company. An example is sending promising first-level managers off to an intense, university short course on management techniques.
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When a firm pays out a dividend, the share price ________, and when it conducts a share repurchase at the market price, the share price ________
A) increases, increases B) is unchanged, decreases C) decreases, decreases D) decreases, is unchanged
People Southwest Airlines (PSW) has warrants outstanding that have an exercise price of $10. Each warrant entitles the holder to purchase one share of PSW common stock. Last week PSW common stock was selling for $12 per share, and at the same time, the warrants traded at $5 each. Determine the warrant's premium over the formula value
A) $0 B) $2 C) $3 D) $5