Ask Question
BusinessBusiness
6 October, 02:16

What is it called to keep skills and knowledge up to date?

+2
Answers (1)
  1. 6 October, 04:24
    0
    What is it called to keep skills and knowledge up to date?

    skills upgrading

    Explanation:

    Skill upgrading is the act of continuously assessing and improving your skills to match up with current market needs. The business environment is constantly changing with time as new and better ways of doing things emerge. Technology has especially made business faster and better, however more skilled people are needed to apply and interpret technology. Thus upgrading one's skills is very important to ensure that their skill set is relevant to the market and therefor marketable.

    Having a skills upgrade can be very beneficial to one's career prospects as follows;

    1. Improved marketability

    This means that the skills attained can be used to market yourself efficiently. Most employers would want to hire someone with an up to date skill set

    2. Better career opportunities

    An up-to-date skill set ensures a higher probability of being hired by a company that offers better salary as compared to not having a current skill set.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is it called to keep skills and knowledge up to date? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
If your bank pays you an interest rate of 6% and the inflation rate is 2% then your real rate of return is 8%.
Answers (1)
Mattress wholesalers, inc. is constantly trying to reduce inventory in its supply chain. last year, cost of goods sold was $7.47 million and inventory was $1.47 million. this year, costs of goods sold is $8.59 million and inventory investment is $1.
Answers (1)
On March 2, Year 1, Finch City issued 10-year general obligation bonds at face amount, with interest payable March 1 and September 1.
Answers (2)
A certain brand of shoes comes in 5 different styles, with each style available in 4 distinct colors. If the store wishes to display pairs of these shoes showing all of its various styles and colors, how many different pairs will the store have on
Answers (1)
Rick's manager, Susan, called him into her office one afternoon to discuss his annual evaluation. As soon as Rick sat down, Susan said, "Rick, your performance is unacceptable and I'm going to have to let you go.
Answers (1)
New Questions in Business
Lindley Enterprises sells hand-woven rugs. Paige Corporation is a regular customer of Lindley. On June 30, Paige purchased 500 rugs from Lindley for $400,000 on credit. On August 15, Paige paid Lindley in full on its $400,000 balance.
Answers (1)
A local swimming pool does not use any selection tests. forty percent of the lifeguards employed at this swimming pool are identified as being successful at the job. this percentage represents the:
Answers (1)
What is the right of the owners of common stock with regard to dividend? A. they are paid dividends at regular intervals B. they are not paid dividends even if the company does well C.
Answers (2)
What to do if you smell alcohol on an employee's breath?
Answers (1)
Tyrell Company issued callable bonds with a par value of $10,000. The call option requires Tyrell to pay a call premium of $500 plus par (or a total of $10,500) to bondholders to retire the bonds. On July 1, Tyrell exercises the call option.
Answers (1)
Home » Business » What is it called to keep skills and knowledge up to date?
Sign Up Forgot Password?