Measuring the Impact of Training, business and finance homework help

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Business Finance

Description

The two articles for this week that focus on investments in human capital point to a contradiction – the seemingly commonsense idea that training is important and valuable, but the difficulty in measuring its value or quantifying it.

In the simulation (Capsim Simulation), you see a direct impact on the investments you make in hiring and training new staff on your company’s productivity and overall performance. In the real world, this impact is not as easy to measure. Should training only be undertaken when there is solid, concrete evidence that it improves productivity? Why or why not? Support your answers examples from your experiences and at least 1 credible, high-quality source of outside research.

Links to Articles:

http://www.hreonline.com/HRE/view/story.jhtml?id=4...

https://business.highbeam.com/137618/article-1G1-2...

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Explanation & Answer

Goodbye

Title: Training of Employees
1. Reason why training of employees is important
A. Helps in improving employees performance
B. Enhances employees consistency
C. Enhances employees satisfaction
D. Develops loyalty of employees


Surname 1
Student’s Name
Instructor
Course
Date
Employee Training
Training of the company staff does not need evidence for the company to consider it
because training has great importance to the growth of the enterprise. Training presents a key
chance to develop the knowledge and skills base of all the employees. Many employees usually
have weaknesses in their workplace skills and training will help in strengthening those skills.
Employers find it expensive and time-consuming to train staff because the trainees miss out on
work time to attend training classes and that result to the delays in completion of proje...


Anonymous
Very useful material for studying!

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