Which concept studies the formal and planned acquisition of knowledge, skills, and abilities required to perform future job responsibilities? Select one: a. Knowledge management b. Training c. Human capital d. Development

The correct answer is **b. Training**.<br /><br />Here's why:<br /><br />* **Training** focuses specifically on acquiring the knowledge, skills, and abilities needed for a *current* or *future* job. It's a planned and formal process.<br /><br />* **Knowledge management** is about capturing, sharing, and utilizing organizational knowledge, but it's broader than just individual skill acquisition for specific jobs.<br /><br />* **Human capital** refers to the economic value of an employee's skill set. While training enhances human capital, the term itself is broader.<br /><br />* **Development** is focused on long-term growth and preparing employees for future roles and responsibilities, often beyond their current job. While related to training, development has a broader scope and longer-term focus.<br />