1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Maru [420]
2 years ago
13

Mentoring and coaching do not contribute to business performance. Discuss.

Business
1 answer:
arsen [322]2 years ago
7 0
Mentoring is a act or process of helping and giving advice to a younger or less experienced person, especially in a job or at school.whiles Coaching is a form of development in which an experienced person, called a coach, supports a learner or client in achieving a specific personal or professional goal by providing training and guidance.

1. It helps employees forge meaningful professional relationships.
Mentoring creates relationships where employees will protect one another. Praise on another. Give support to one another at work when it is needed. If an employee doesn’t quit because of their boss, then it’s likely because they have no support network at work. Mentoring in the workplace provides that support network. It doesn’t have to be in that 1-on-1 role either. Mentors can introduce new employees to their entire professional network.

2. It creates productivity levels that are more consistent.
A workplace needs to have a predictable level of productivity in order to operate efficiently. Bringing in a new employee disrupts that predictability until their skill levels can be brought up to appropriate levels – which may take 12+ months. Mentoring in the workplace can dramatically shorten that time period by giving new employees an experienced insight into the expectations which exist.



3. It helps with internal politics.
When you put a group of people together, there will always be political jockeying involved at some level. A mentoring in the workplace program can help to stabilize the gossiping and positioning that each worker does to protect their position. Instead of trying to throw the new employee “under the bus,” this type of system gives new workers the tools they need to insert themselves onto a team almost immediately.

4. It helps new workers begin to speak the company language.
Every company has their own jargon that is used. Mentors help new workers be able to start learning this unique language so everyone can communicate with efficiency. Even highly skilled and experienced workers who can jump right into a project can benefit from a mentor in this regard so that there isn’t an issue with miscommunication that creeps up.
You might be interested in
The Smith Company manufactures insulated windows. Costs for March were as follows. Direct labor $53,000 Indirect labor 18,000 Sa
Marat540 [252]

Answer:

$27,000

Explanation:

The following costs were incurred by Smith's company during the month of March

Direct labor $53,000

Indirect labor 18,000

Salary of corporate vice president for advertising 25,000

Direct materials 48,000

Indirect materials 4,000

Interest expense 7,500

Salary of factory supervisor 3,000 Insurance on manufacturing equipment 2,000

Therefore the actual manufacturing overhead for March can be calculated as follows

= Indirect labour + indirect materials + salary of factory supervisor + insurance on manufacturing equipments

= $18,000 + $4,000 + $3,000 + $2,000

= $27,000

Hence the actual manufacturing overhead for March is $27,000

8 0
3 years ago
[Related to Solved Problem​ 3.1B] In​ 2015, the Washington Nationals baseball team signed pitcher Max Scherzer to a contract to
Ne4ueva [31]
That’s to long but 30 x 210
3 0
3 years ago
The allowance for doubtful accounts is reported as a(n) __________ on the balance sheet.
Firlakuza [10]
B. The allowance for doubtful accounts is reported as a deduction from accounts receivable on the balance sheet
6 0
2 years ago
An increase in the rate of expected inflation will Group of answer choices shift the demand for loanable funds to the left (down
Brums [2.3K]

Answer:

shift demand and supply for loanable funds to the right (up), increasing interest rates.

Explanation:

According to the Fisher hypothesis when there is an increase in the expected inflation there is an equal increase in nominal interest rates.

As interest rates rise demand and supply for loanable funds will rise. This is illustrated in the attached diagram. Interest rate moves from i0 to i1.

Inflation is a reduction in the purchasing power of money. When inflation increases money regulation agencies reduce supply of money as a way to reduce price increase. This in turn reduces the amount of loanable funds commercial banks have to give out

4 0
4 years ago
Paid vacations and sick leave are
Ronch [10]

Answer:

required by

Explanation:

5 0
2 years ago
Read 2 more answers
Other questions:
  • A group of fifty homeschooling parents in New Jersey get together and form a nonprofit membership organization for the purpose o
    8·1 answer
  • The stadium can seat 15,000 fans. If the stadium is 85 percent full, how many tickets were sold?
    10·1 answer
  • A company is usually unable to take advantage of economies of scale during the __________ stage of the product life cycle.
    8·2 answers
  • Merone Company allocates materials handling cost to the company's two products using the below data:
    15·1 answer
  • Kamal, after completing his studies wanted to start his own business. However, his father Mr.Kishanlal discouraged him saying th
    11·1 answer
  • Do you agree with the​ argument? Should the government treat kidneys like other goods and allow the market to determine​ price?
    11·1 answer
  • You have a portfolio that is invested 24 percent in Stock R, 38 percent in Stock S, and the remainder in Stock T. The beta of St
    8·1 answer
  • "Lyle Co. borrowed $20,000 from First Bank by signing a written promise to pay a definite sum of money on a specific future date
    14·2 answers
  • Determine the type of activity for each of the scenarios described below Received cash dividends from investments in securities.
    7·1 answer
  • On January 1, 2013, Jones Inc. issued a $100,000 face value bond for proceeds of $97,654. On June 30, 2013, Jones sent checks to
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!