Training and development can be especially important for organizations implementing an overall low cost or differentiation strategy,but not for those in retrenchment.

Question

Quizplus · Accepted Answer

The statement is incorrect. Training and development can play a crucial role in organizations undergoing retrenchment as it can help employees acquire the skills needed for new roles and responsibilities, which can ultimately contribute to the organization's recovery and growth.

Training and Development Can Be Especially Important for Organizations Implementing