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AysviL [449]
4 years ago
10

In which step of the learning and development process does the employer identify if there are gaps in what new employees need to

know and if those gaps can be filled by learning and development?
Business
1 answer:
agasfer [191]4 years ago
4 0

Answer:

identifying learning needs

Explanation:

The step of the learning and development process where the employer identify if there are gaps in what new employees need to know and if those gaps can be filled by learning and development is the identification stage.

The learning and development process starts with the identification stage, Identifying learning and development (L&D) needs is based on an assessing levels of employee skills, attitudes and knowledge; this is compared with any current or anticipated level of skills.

The difference between the level of skills possessed by employees and the anticipated level is known as knowledge gaps.

The gaps are then closed by recommending training on acquisition of new skills or improving existing skills

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using a computerized inventory management system, a paint supply store franchise continuously monitors the inventory of all the
NemiM [27]

Holding costs if 40% of the purchase price per gallon per year. The total annual inventory cost for the company's current policy is $1,487.56.

The total cost of annual holdings and yearly service fees is included in the annual index cost.

This can be estimated by:

Cost of ordering = $35

Ordering number = 90 gallons

Price = $4.00

Cost of holding = 40% × 4 = 1.6 per unit per year

Weekly needs = 70 gallons

Number of weeks in a year = 52

Yearly demand = 52 × 70 = 3630

Numbers of orders = 3640/90 = 40.444

Total ordering price = 40.444 × 35 = 1415.56

Inventory holding amount = 90/2 × 1.6 = $72

Total inventory cost = 1,415.56 + $72 = $1,487.56

Therefore, the total annual inventory cost will be $1,487.56.

To learn more about annual inventory cost

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5 0
1 year ago
A perfectly competitive firm, with MC=q operates in a market character,zed by the following market demand and supply conditions:
PolarNik [594]

Answer:

Since a perfectly competitive firm must accept the price for its output as determined by the product’s market demand and supply, it cannot choose the price it charges. Rather, the perfectly competitive firm can choose to sell any quantity of output at exactly the same price. This implies that the firm faces a perfectly elastic demand curve for its product: buyers are willing to buy any number of units of output from the firm at the market price. When the perfectly competitive firm chooses what quantity to produce, then this quantity—along with the prices prevailing in the market for output and inputs—will determine the firm’s total revenue, total costs, and ultimately, level of profits.

6 0
3 years ago
Oliver is a small manufacturing business owner. He has a limited number of employees working under him. He usually helps his emp
Mekhanik [1.2K]

<u>Answer:</u> Social and motivational character trait helps him to be a good entrepreneur.

<u>Explanation:</u>

Oliver understands the strengths and weakness of the employees. He tries to nurture the strengths of the employees . By doing so the employees can be more productive and give efficient performance. He is being very social with the employees and understands their insecurities and tries to provide solution.

He concentrates on the personal growth of the individuals working under him. He plays the role of a motivational leader which helps him to be a successful entrepreneur. When the employees have job satisfaction they perform well in their work.

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7 0
3 years ago
For each of the following, determine the amount of net income or net loss for the year. a. Revenues for the year totaled $71,300
Anika [276]

Answer:

a) Net income of $35,800

b) Net income of $45,000

c) Net loss of $23,000

d) Net income of $23,950

Explanation:

Net income is the difference between the revenue and expense.

Where revenue is more than expense, we have a net income otherwise, a net loss.

a) Net income = $71,300 - $35,500

= $35,800

b) Net income =  $220,500 - $175,500

= $45,000

c) Net loss =  $149,000 - $172,000

= - $23,000

d) Net income = $198,150 - $174,200

= $23,950

4 0
3 years ago
A Coase solution to a problem of externality ensures that a socially efficient outcome is to internalize the externality through
ANEK [815]

Answer: Maximize joint welfare in respective or the right owner.

Explanation: A coase solution to a problem of externality insures that a socially efficient outcome is to maximize the joint welfare, irrespective of the right of ownership.

The Coase theorem states that when transaction cost are low, two parties will be able to bargain and reach an efficient outcome in the presence of an externality.

8 0
3 years ago
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