Managers should set business goals before setting L&D goals.
A learning and development (L&D) strategy is a tool used by companies and organizations to train their staff according to business objectives. This strategy is characterized by:
- Constantly train staff.
- Continuous improvement is implemented in all departments of the organization.
To effectively implement a Learning and development plan, the company must perform the following steps:
1. Establish business objectives for each of the departments.
2. Formally implement the learning and development (L&D) strategy.
3. Integrate training that motivates and meets the needs of the staff.
According to the above, before establishing the objectives of the learning and development (L&D) strategy, the organization must establish business objectives.
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Answer:
160
Explanation:
Given: CPI basket contain 400 oranges and 800 pens.
In the base year, price of oranges is $1 and pen is $0.75.
This year urban customer buy oranges at $2 each and pens at $1 each.
To find consumer price index (CPI), we need to check price of basket in current year and base year.
∴ Current year´s price for 400 oranges and 800 pens = 
Now, adding the price to get cost of basket
Cost of basket in current year= 
Base year´s price for 400 oranges and 800 pens= 
Cost of basket in base year= 
Next, calculating the CPI of this year
Formula; CPI= 
CPI for the year = 
∴ Consumer price index (CPI) = 160.
Answer: $152,309.69
Explanation:
You are looking for the future value of this amount in 29 years assuming it will be compounded annually.
Future value = Amount * (1 + rate)^ number of years
= 4,400 * ( 1 + 13%)²⁹
= $152,309.69
Answer:
-1 to +1
Explanation:
The correlation coefficient range is from -1 to +1.
-1 shows that there is perfect negative correlation.
+1 shows that there is perfect positive correlation.
0 shows there is no correlation.
Positive correlation shows that with the increase of let's say X, there would also be increase of Y. They would positively move together
Negative correlation shows that two variable move in opposite direction.
Answer:
Cash flows from Financing Activities $4,000
Explanation:
Computation of cash flows from financing activities
Additional short-term borrowings $20,000
Less Cash dividend paid ($16,000)
Cash flows from Financing Activities $4,000
Therefore the Cash flows from Financing Activities will be $4,000.
