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mihalych1998 [28]
3 years ago
6

To choose the best training method, a company should consider such factors as the number of people to be trained, the cost of tr

aining, and the objectives of the training.
O True
O False
Business
1 answer:
Nikitich [7]3 years ago
8 0

Answer:

TRUE

Explanation:

Training and development describes the formal, ongoing effort that are made within organizations to improve the performance and self-fulfillment of their employees through a variety of educational methods and programs.

In order to choose the best training method, there are some factors that a company should consider. These factors include:

Number of people to be trained: people can learn more effectively in small groups, and, consequently, less effective in larger ones.

The cost of training: training budget is very essential in the decision process because training can take a lot of resources: money, materials, equipments e.t.c)

The objectives of training: the goal or objectives will vary depending on the organization and the kind of activities the organization plans to do during work.

Therefore, it is TRUE that to choose the best training method, a company should consider such factors as the number of people to be trained, the cost of training, and the objectives of the training.

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A U.S. manufacturing company operating a subsidiary in an LDC (less-developed country) shows the following results: U.S. LDC Sal
Dmitrij [34]

Answer:

Part A:

Labur Productivity:

For US=5.14,         LDC=1.35

Capital Productivity:

For US=1.72          LDC=4.31

Part B:(Multi factor productivity)

For US=1.29         LDC=1.03

Part C: (Raw material productivity)

For US=4.90        LDC=10.02

Explanation:

Part A:

Labur Productivity:

For US:

Partial Labor Productivity=\frac{Sale(units)}{Labour(hours} \\Partial Labor Productivity=\frac{100505}{19550} \\Partial Labor Productivity=5.14

For LDC:

Partial Labor Productivity=\frac{Sale(units)}{Labour(hours} \\Partial Labor Productivity=\frac{19600}{14550} \\Partial Labor Productivity=1.35

Capital Productivity:

For US:

Capital Productivity=\frac{Sale(units)}{Capital Equipment} \\Capital Productivity=\frac{100505}{58600}\\Capital Productivity=1.72

For LDC:

Capital Productivity=\frac{Sale(units)}{Capital Equipment} \\Capital Productivity=\frac{19600}{4550}\\Capital Productivity=4.31

Part B:

For US:

Multifactor Productivity=\frac{Sales(units)}{labour(Hours) + Capital Equipment(hours)}\\ Multifactor Productivity=\frac{100505}{19550+58600} \\Multifactor Productivity=1.29

For LDC:

Multifactor Productivity=\frac{Sales(units)}{labour(Hours) + Capital Equipment(hours)}\\ Multifactor Productivity=\frac{19600}{14550+4550} \\Multifactor Productivity=1.03

Part C:

For US:

Raw material productivity=\frac{Sales(Hour)}{Raw Material} \\ Raw material productivity=\frac{100505}{20500} \\ Raw material productivity=4.90

ForLDC:

Converting Raw material FC into $ (1$=10FC)

Raw Material =19550/10=$1955

Raw material productivity=\frac{Sales(Hour)}{Raw Material} \\ Raw material productivity=\frac{19600}{1955} \\ Raw material productivity=10.02

3 0
2 years ago
Elize’s regular hourly wage rate is $20, and she receives an hourly rate of $30 for work in excess of 40 hours. During a January
saveliy_v [14]

Answer:

(a) Debit Wages expense for $950; Credit Federal income tax withholding for $94; and Credit Wages payable for $856

(b) Debit wages payable for $856; and Credit Cash for $856.

Explanation:

The entries will look as follows:

a) Prepare the journal entries to record Elize’s pay for the period

<u>Date           Account title                                 Dr ($)          Cr ($)      </u>

Jan 15        Wages expense (w.3)                    950

                    Federal income tax withholding                      94

                    Wages payable (w.4)                                      856

<em><u>                    (To Elize’s pay for the period.)                                        </u></em>

(b) Prepare the journal entry to record the payment of Elize’s wages.

<u>Date           Account title                                 Dr ($)          Cr ($)      </u>

Jan 15        Wages payable (w.4)                      856

                  Cash                                                                   856

<u><em>                   (To record the payment of Elize’s wages.)                        </em></u>

Workings:

Normal hours = 40

Number of hours worked = 45

Overtime hours = Number or hours worked - Normal hours = 45 - 40 = 5

Normal hourly wage rate = $20

Overtime hourly rate = $30

Federal income tax withholding = $94

w.1: Normal wage amount = Normal hours * Normal wage rate = 40 * $20 = $800

w.2: Overtime pay = Overtime hours * Overtime hourly rate = 5 * $30 = $150

w.3: Wages expense = Normal wage amount + Overtime pay = $800 + $150 = $950

w.4: Wages payable = Total wage amount - Federal income tax withholding = $950 - $94 = $856

3 0
2 years ago
Use the model developed in Chapter 3 and assume that consumption does not depend on the interest rate. Holding other things cons
tensa zangetsu [6.8K]

Answer: increases and the interest rate rises.

Explanation:

As a result of the increase in a demand for investment, entities will borrow more money from financial institutions in order to undertake these investments.

Investments will therefore rise as a result. Unfortunately, due to the increase in demand for loanable funds from financial institutions, interest rates will rise as well to show that demand is increasing faster than supply of loanable funds as posited by the law of demand and supply.

3 0
2 years ago
Diamond Design Company makes custom chairs for individual customers. On September 1, there was one job in process, Job 243, with
Romashka [77]

Answer:

Net operating income= $3,152

Explanation:

Giving the following information:

Job 245 was completed on September 14 and the client was billed at cost plus 40%.

Job 245:

Direct Materials= $6,700

Direct Labor= $2,300

Overhead= 0.60*2300= $1,380

Total cost= $10,380

Sales= 1.4*10380= $14,532

Cost od goods sold= 10380

Gross profit= 4152

Selling and administrative expense= 1000

Net operating income= $3,152

3 0
3 years ago
If I am starting a restaurant and taking all the risk, I am a ________.
elena55 [62]

Answer:

Sole proprietor

Explanation:

Sole proprietorship is a form of business in which an individual or a single person owns, control and manages a business. Anybody who is into such kind of business is known as a sole proprietor.

One of the downsides of sole proprietorship is the fact that the owner takes all the risk of the business. In other words, if the business suffers or fails, it is the sole proprietor that would be affected because he/she is the only person in charge of the business.

6 0
3 years ago
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