Which of the following statements is true regarding management development?
A) Historically, most international businesses have been more concerned with management development than with training.
B) Management development facilitates the creation of an informal network for sharing knowledge within the multinational enterprise.
C) Management development refers to specific training efforts to prepare home-country nationals for foreign postings.
D) Typically, management development programs use standard psychological tests to select managers for specific foreign postings.

Question

Quizplus · Accepted Answer

Management development is seen as a tool to help the firm achieve its strategic goals, not only by giving managers the required skill set, but also by helping to reinforce the desired culture of the firm and by facilitating the creation of an informal network for sharing knowledge within the multinational enterprise.

Which of the Following Statements Is True Regarding Management Development