Syncadia's talent management strategy invests more in employee selection than in employee training.
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What is Employee Selection and Training?</h3>
Employee Selection is the process whereby Organisations recruit individuals with the desired skills and qualifications for a particular Job role.
Employee training is a process whereby organisation recruit individuals with the plan to teach the specific knowledge or skills in order for them to be able to perform their current roles.
Because Employee training is expensive and focuses on employee future performance,many organisation recently would rather opt for the right person that matches the required job role.
Hence, we can conclude that Syncadia's talent management strategy invests more in employee selection than in employee training.
Learn more on employee training here:brainly.com/question/15396057
Answer:
b. It is important to realize that for training to be effective, both learning and transfer of training are needed.
Explanation:
Training is an educational process which involves the sharpening of skills, concepts, changing of attitude and gaining more knowledge to enhance the performance of the employees.
Answer:
A) $24 billion
Explanation:
Here is the complete question :
Potential Real GDP $200 Billion
Natural Rate of Unemployment- 6 Percent
Actual Rate of Unemployment- 12 Percent
Refer to the accompanying data, which is for a specific year in a hypothetical economy for which Okun's law is applicable. The amount of output being forgone by the economy is
C) $15 billion. D) $18 billion. A) $12 billion. B) $24 billion.
According to Okun's law, a 1% decline in unemployment results in a 2% fall in potential GDP
Decline in unemployment = Actual Rate of Unemployment - Natural Rate of Unemployment
12 - 6 = 6%
decline in output = 6% x 2% = 12%
potential GDP lost = 12% x $200 Billion = 24 billion
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