<u>Full question:</u>
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?
Selection
Implementation
Assessment
Evaluation
<u>Answer:</u>
Assessment step of the learning and development process the employer identifies if there are gaps in what new employees need to know and if those gaps can be filled by learning and development
<u>Explanation:</u>
Assessment for Training is the means of exploring and evaluating testimony for adoption by scholars and their teachers to determine where the scholars are in their learning, where they require to run and how fine to get there. An adequate training and development program perpetually includes follow-up.
Commence assessing an employee as soon as they finish the initial training and development program. The assessment encourages you to resolve if the employee knows his or her role and employer expectations, and provides you feedback on the method so you can compose changes
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
The net worth (owners' equity) for this business is $2.2 million
Explanation:
Net worth: It is also known as owner's equity which is a difference between total assets and total assets.
In this question, we use the accounting equation which is used to balance the debit and credit side of the balance sheet items.
So, the accounting equation is
Total Assets = Total Liabilities + Owner's Equity
where,
Company assets are $3.5 million
And, liabilities is $1.3 million
Now, apply the above equation to find out the value of the owner's equity
So, owner equity would be equals to
= $3.5 million - $1.3 million
= $2.2 million
Hence, the net worth (owners' equity) for this business is $2.2 million