When an employee shadows another employee to observe the performance of the duties of his job and then the roles are reversed this is known as: on-the-job training.
- An essential area of human resource management is on-the-job training. It supports both the successful growth of the organization and the individual's professional development. One type of training offered at the workplace is on-the-job training.
- On-the-Job Training (OJT) is defined as training in the public or private sector that is provided to a paid employee while they are engaged in productive work and that offers the knowledge and skills necessary to function fully and adequately on the job. OJT.
- Although it isn't usually the norm, on-the-job training can boost productivity and efficiency in several industries. Additionally, it can be advantageous for the business as a whole, from lowering training expenses to developing more productive, motivated workers.
Thus this is the answer.
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Answer:
C : $686
Explanation:
The computation of the cash received amount is shown below:
= (Sale value of merchandise - returned merchandise) × (100 - discount rate)
= ($1,000 - $300) × (100 - 2%)
= $700 × 98%
= $686
Since the payment is made within 30 days, so the company could avail the discount of 2% and the return goods should be deducted so that the actual amount of cash received can come.
The answer would be: On-the-job training
On-the-job training refers to a type of training that is aimed to make a trainee experience his soon-to-be job heads on.
This type of training will make the trainee has a big picture about his/her role and adjust his/her attitude accordingly.
Answer: =MONTH(F5)
Explanation:
The MONTH function in Excel returns the month, a number from 1 (January) to 12 (December).
It’s syntax is;
“=MONTH(serial_number)”
Where serial number refers to the date in question, which could either be a date itself or a cell reference.
The MONTH function is used to extract the month number from a date.
If cell F5 contains “July 8, 2016”, the formula “=MONTH(F5)” inputed in another cell will give the value “7”.
This is because the month July is the 7th month of the year.
Explicit and Implicit costs should be considered when measuring economic profit because a business must cover its opportunity costs as well as its out-of-pocket expenses to be truly profitable. Economic profit consists of revenue minus implicit (opportunity) and explicit (monetary) costs. Explicit costs are monetary costs a firm has. Implicit costs are the opportunity costs of a firm’s resources.
