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A popular type of training at all levels of an organization is simulation training/development. Simulation training uses a duplicate work environment that is set up independently of the work site. In this setting, trainees can learn under realistic conditions but away from the pressures of interruptions. Based on your knowledge, research and/or experiences, discuss the value of simulation training/development. How do we as HRM professionals objectively determine the "value" of simulation training? Then, discuss the problems of simulation training/development that should be taken into consideration by human resource professionals. Finally, make a recommendation as to how simulation training/development can be assessed and used for succession planning.
Support your post with additional information from at least two reputable sources (library and/or web-based). Cite your sources. Bring in your own personal experiences, as applicable.
ABC Company is considering an investment in a machine that will have a useful life of six years with a salvage value at the end of $12,000. Assuming that ABC has a minimum rate of return of 12%, what is the present value of that salvage value?
Define primary, secondary, and tertiary care and give examples of each one in action. Define each type of hospital
What is the annual distribution cost of the current distribution network? Include transportation and inventory costs.
Prepare a 350- to 700-word paper in which you explain the role of stakeholders in implementing a quality management process.
A manufacturer is considering a switch from manufacturer’s representatives to an internal sales force. The following cost estimates are available. Manufacturer’s reps are paid 8.4% commission and incur $590,000 in fixed costs;
The systematic process of regulating organizational activities to make them consistent with the expectations in plans, targets, and standards of performance refers to organizational control. Liabilities are the firm's debts, both current and long-te..
Business intelligence is a key component for knowledge management. Decision support systems (DSSes) are the foundation of business intelligence and add a modeling selection to user interface.
You are a project consultant for the ACME Company and are helping to develop an agile method using Scrum. The company has always used predictive project management methods for software development, Prepare a proposal that suggests what training, docu..
What are some of the critical issues facing the successful implementation of Knowledge Management applications? How do they play out in your organization?
Let us assume that the Best Burger restaurant pays its server $15 per hour and it assigns a cost of $10 per hour for customer waiting time. In addition, we know that λ = 24 customers per hour and µ = 30 customers per hour. Would the one-channel or tw..
The bank has decided to order pens once a month. If there are 50 pens in stock at the time of the order, how many pens will be ordered. What is the estimated total cost for the P-model
Can you identify and reduce the likelihood of barriers interfering with the communication. Give examples. Use at least one resource to support your key points. Respond to at least two of your fellow students' posts with your response to some of th..
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