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Degger [83]
3 years ago
8

A) "Tranings are are the most important part of any occupation": justify it​

Business
2 answers:
Dmitrij [34]3 years ago
8 0

Explanation:.

The Importance of Training Employees: 11 Benefits

The Importance of Training Employees: 11 BenefitsFebruary 22, 2021

The Importance of Training Employees: 11 BenefitsFebruary 22, 2021As technology advances and workplace methods and strategies improve, there comes a need for employers and employees to align with these changes in terms of knowledge, skills, values and abilities. One of the best ways to enhance knowledge and skills is through training. Getting employees exposed to relevant and consistent training can help companies improve performance and increase results in the workplace. In this article, we explain the importance of training employees and provide a list of potential benefits.

What is the importance of employee training?

Training is important because it represents a good opportunity for employees to grow their knowledge base and improve their job skills to become more effective in the workplace. Despite the cost of training for employees, the return on investment is immense if it is consistent.

There are several reasons it is important for employers to initiate training programs for their employees, such as:

It improves skills and knowledge

Employee training programs help improve the knowledge and skills of employees to match the various changes in the industry. These improvements will positively affect the productivity of workers, which can increase the profits and efficiency of an organization. Some of the things employees may learn through training include work ethics, human relations and safety.

It satisfies the recommendations of performance appraisals.

When an organization's employee performance appraisals suggest the need for improvement on a particular subject or skill, training programs can be organized for staff members to help satisfy this requirement. Training can therefore address an identified problem area and work toward a solution.

Olin [163]3 years ago
5 0

Answer:

Training is important because it represents a good opportunity for employees to grow their knowledge base and improve their job skills to become more effective in the workplace. Despite the cost of training for employees, the return on investment is immense if it is consistent.

There are several reasons it is important for employers to initiate training programs for their employees, such as:

It improves skills and knowledge

Employee training programs help improve the knowledge and skills of employees to match the various changes in the industry. These improvements will positively affect the productivity of workers, which can increase the profits and efficiency of an organization. Some of the things employees may learn through training include work ethics, human relations and safety.

It satisfies the recommendations of performance appraisal.

When an organization's employee performance appraisals suggest the need for improvement on a particular subject or skill, training programs can be organized for staff members to help satisfy this requirement. Training can therefore address an identified problem area and work toward a solution.

It prepares employees for higher responsibilities.

Training programs can also help prepare employees who are moving into higher roles and taking on more responsibilities in an organization. These programs will help them learn the skills that are required to function effectively in their new positions. For example, they may be trained in leadership skills or in a specific software they will use in their new role.

It shows employees they are valued.

Implementing training programs in the workplace will help employees feel like the company is invested in them. By continuing to teach your employees new skills and abilities, they will not just become better workers, they will feel like more productive members of the organization. This will improve their morale as well as their workplace capabilities.

It tests the efficiency of a new performance management system.

Employee training programs help an organization test the efficiency and effectiveness of a new performance management system, which will help HR establish clearer performance expectations. Using these systems to train your employees will reinforce the necessity of meeting goals and help employees better understand what is expected of them.

It improves IT and computer skills.

Training programs help employees learn about specific computer skills and IT topics, such as the use of software systems. Companies may train their employees to create graphs and spreadsheets, edit data in their database and understand network arrangements in order to provide a more comprehensive understanding of computers to improve workplace efficiency.

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$357 Unfavorable

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Fixed manufacturing overhead volume variance identifies the amount by which actual production differs from budgeted production.

<em>Fixed manufacturing overhead volume variance = Actual Output at Budgeted rate - Budgeted Fixed Overheads</em>

                                                                  = (5,230 × $5.10) - ($5.10 × 5,300)

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Refer to the table above. Which of the following scenarios is consistent with this statement? "The rate of inflation was 23.75 p
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C. The price of a hamburger was $3.80 rather than $5.50 in 2010, with other prices in the table remaining fixed.

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3 years ago
Sutherland manufactures and sells 50,000 laser printers each month. A principal component part in each printer is its paper feed
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a. The average unit cost of manufacturing each paper feed drive is:

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b. The incremental unit cost of producing an additional paper feed drive is:

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= $184.

Explanation:

a) Data and Calculations:

Production and sales of laser printers per month = 50,000

Monthly production capacity for paper feed drives = 80,000

Unit costs of producing drives:

Variable costs per unit:

Direct materials                                 $ 23

Direct labor                                            15

Variable manufacturing overhead        2

Variable cost per unit                       $40   $3,200,000 (80,000 * $40)

Fixed costs per month:

Fixed manufacturing overhead                  $1,300,000

Total production costs =                            $4,500,000

Average unit cost =                                     $56.25 ($4,500,000/80,000)

Incremental unit cost of producing an additional paper feed drive:

Variable cost = $40 * 10,000 =         $400,000

Additional fixed cost per month = $1,300,000

Total incremental costs =              $1,700,000

Unit cost = $170 ($1,700,000/10,000)

Total incremental costs =   $1,700,000

Monthly pre-tax target profit   140,000

Expected sales revenue = $1,840,000

Sales price per drive = $184 ($1,840,000/10,000)

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