Question : Case Study 4:
PQR Inc. is a global corporation with a diversified portfolio. The company is planning to expand its operations into new markets and needs a skilled workforce. Evaluate the following scenarios and choose the correct option:
Question:
PQR Inc. wants to ensure that its workforce is well-versed in the regulatory requirements of the new markets. What aspect of staffing is being emphasized?
Option 1: Recruitment
Option 2: Selection
Option 3: Training and development
Option 4: Performance appraisal
Correct Answer: Training and development
Solution : The correct answer is (c) Training and development
Training programs are designed to enhance the skills, knowledge, and understanding of employees, and in this case, the focus is on providing education and training related to the regulatory requirements of the new markets. This ensures that the workforce is adequately prepared to navigate and comply with the regulatory landscape in those regions.