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omeli [17]
2 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]2 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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Wang Co. manufactures and sells a single product that sells for $400 per unit; variable costs are $232 per unit. Annual fixed co
gladu [14]

Answer:

Margin of safety= $2,200,000

Explanation:

Giving the following information:

Selling price= $400 per unit

variable costs= $232 per unit.

Annual fixed costs= $844,200.

Current sales volume is $4,210,000.

First, we need to calculate the break-even point in dollars:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 844,200/ [(400 - 232)/400]

Break-even point (dollars)= $2,010,000

Now, we can calculate the margin of safety in dollars:

Margin of safety= (current sales level - break-even point)

Margin of safety= 4,210,000 - 2,010,000= $2,200,000

6 0
3 years ago
when an estimated model begins to describe the quirks of the data rather than the real relationships between variables, this is
Masteriza [31]

<u>Overfitting</u> is the term used when an estimated model starts to capture the peculiarities of the data rather than the true relationships between variables.

Overfitting is a mistake that happens when a certain function aligns too closely to a small number of data points in data modeling. Financial experts run the danger of overfitting a model with scant data and getting inaccurate findings.

When a model learns the information and noise in the training data to the point where it adversely affects the model's performance on fresh data, this is known as overfitting. This indicates that the machine learns concepts from the noise or random oscillations in the training data.

To learn more about overfitting

brainly.com/question/5008113

#SPJ4

4 0
1 year ago
You're the production manager for a company that manufactures clothing, and you oversee activities in a wide range of department
Sati [7]

Answer: ERP, an integrated software that consolidates sequencing and scheduling data from all units

Explanation:

With regards to the information given, the supply chain management system to be employed in order to make the job easier is the Enterprise Resource Planning (ERP).

The Enterprise Resource Planning us the software that is used in the planning and managing of every supply chain, financial, manufacturing, and every other organizational process.

Therefore, the ERP is vital as it'll help in the consolidation, the sequencing and the scheduling data from all units

7 0
3 years ago
Grant Corporation is looking to purchase a building costing $1,300,000 by paying $500,000 cash on the purchase date, and agreein
Alexandra [31]

Answer:

Grant Corporation

The payments should be $42,133.16 every quarter.

Explanation:

a) Data and Calculations:

Building cost = $1,300,000

Down payment = $500,000

Interest rate = 8% per year

Payment terms = quarter for 5 years

From an online calculator, the payments should be:

N (# of periods)  20

I/Y (Interest per year)  2

PV (Present Value)  800000

FV (Future Value)  0

Results

PMT = $42,133.16

Sum of all periodic payments $842,663.23

Total Interest $42,663.23

5 0
3 years ago
Blooming Sun investment corporation is facing problems in their records
77julia77 [94]

Answer:

Achived that the breakeven

7 0
3 years ago
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