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omeli [17]
3 years ago
5

In your opinion, why is training vital to the success of any organization? What is the potential impact of lack of effective tra

inings?
Business
1 answer:
katen-ka-za [31]3 years ago
8 0

Answer/Explanation

Training allows the organization members to grow their knowledge base and improve their job skills to become more effective. Without training, there will be despondent employees, higher employment turnovers, low production rates, an unsafe working environment, abortive staff management, increased expenses, and loss of customers.

I hope this helps

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Which of the following is not a reason for redesigning a product or service? Multiple Choice to attract and increase customer de
Wewaii [24]

Answer:

to increase the level of employee satisfaction

Explanation:

Redesigning a product or service does not necessarily have to do with improving employee satisfaction, but it would be great if it does it as a side effect.

Redesigning a product or service costs money, and usually a lot of money, so c company must perform a cost benefit analysis before doing so. The main reason why a company would carry out a redesign is simply to increase consumer demand and total sales. This is generally achieved by increasing the quality of the product or service, and therefore consumer satisfaction. It can also do it to lower production costs, which also increases profits.

4 0
3 years ago
A_________ <br> is a graph that shows how prices affect consumer demand.
marin [14]
<span>A "demand curve" is a graph that shows how prices affect consumer demand.
</span>

Demand curves demonstrate the graphical relationship between consumer demand (the amount requested for a given time frame) and price (cost of a good or service). In an ordinary representation, the cost will show up on the left vertical axis, the quantity demanded is shown up on the horizontal axis. When there are changes in the non-price factors, we will notice shifts in demand curves.
4 0
3 years ago
Read 2 more answers
Your department at work places $10,000 every year-end into an account earning 5%. The money is used when the corporate office fa
Jobisdone [24]

Answer:

68,019.13

Explanation:

this particular question can be solved, using an approach by the annuity concept, remember that an annuity is usefull for calculating the present or future value of a series of regular payments, so in this case we are asked to calculate the future value as follows:

s_{n} =P*\frac{(1+i)^{n}-1 }{i}

where s_{n} is the future value of the annuity, i is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem, we have:

s_{6} =10,000*\frac{(1+0.05)^{6}-1 }{0.05}

s_{6} =68,019.13

4 0
4 years ago
A schedule of cash receipts is often prepared in conjunction with the sales budget.
slega [8]

The given statement is false

Explanation:

A scheduled cash budget is not often prepared in conjunction with the sales budget and this shows the pattern in which the cash must be collected from the sales budget and this is mainly based on the previous collection pattern

In the sales the amount is collected only after the sales period ends and the cash receipts is most often prepared in conjunction with the pattern in which the previous sales was collected

5 0
4 years ago
How does a city get money ?
kotykmax [81]

Taxes, and government grants/loans. They can also sell property.

8 0
3 years ago
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