Supervisory training cost-benefit ratio amp roithe training

Assignment Help Business Management
Reference no: EM13367141

Supervisory Training: Cost-Benefit Ratio & ROI

The Training Director expects that supervisory training will reduce the cost of grievances and lawsuits filed against the company by 50%. The current estimate of these costs is judged to be $100,000 per year. The director has allocated $2,500 for course development and $500 each for the actual training of 20 supervisors, which includes all trainer and materials costs.

This discussion requires the following activities:

1. Determine the cost-benefit ratio.

2. Calculate the ROI.

Reference no: EM13367141

Questions Cloud

Modular organizationsa modular organization outsources all : modular organizationsa modular organization outsources all its functions to a very specialized firm which possesses
Bases of power in an organizationsuccessful leaders : bases of power in an organizationsuccessful leaders understand that organizations have bases of power often used by
Barrier-free structurea barrier-free organization is an : barrier-free structurea barrier-free organization is an organizational design where a firm deliberately bridges
Compliance-based approacha compliance-based approach is : compliance-based approacha compliance-based approach is externally motivated. this means that it based on the fear of
Supervisory training cost-benefit ratio amp roithe training : supervisory training cost-benefit ratio amp roithe training director expects that supervisory training will reduce the
Moral issues in businessplease help me with what ethics : moral issues in businessplease help me with what ethics theory kant utilitarian egoism rawls libertarian that you would
Writing memosa new company claims it manufactures the best : writing memosa new company claims it manufactures the best dog food in the market. it employs around 250 people
Show discussion on the us trade deficittoday we see a lot : show discussion on the u.s. trade deficittoday we see a lot of activity within the international trade arena as the
Talent management system attracting and retaining the : talent management system attracting and retaining the bestthe case scenariowhat is the definition of talent management?

Reviews

Write a Review

Business Management Questions & Answers

  Discuss basic managerial strategies

Discuss basic managerial strategies for influencing group behavior, encouraging group problem solving.

  Explain the evolution of the virtual organization

Explain the evolution of the virtual organization and What are the pros and cons associated with this design?

  Policymaking and cultural organizationsone skill of an

policymaking and cultural organizationsone skill of an effective public administrator is the ability to research and

  What strategies would you implement for pricing

Now you are losing a few of your clients to a local competitor who has undercut your pricing, resulting in more net losses in clients. What strategies would you implement for pricing your services?

  Description of international management

What selection criteria would you recommend to Star when deciding whom to send to mainland China and what procedures should the company use in making the final selection?

  Person whom you would consider a typical american

Name a well-known person whom you would consider a typical American. What features of this individual do you think make her or him typical?

  Conflicting interests of internal and external stakeholders

Corporate executives are pressured between conflicting interests of internal and external stakeholders.

  Determining machining costs by activity-based costing

Hagar Co. computed an overhead rate for machining costs ($1,500,000) of $15 per machine hour. Machining costs are driven by machine hours. If computed based on direct labour hours, the overhead rate for machining costs would be $30 per direct labo..

  Illustrate what type of data is important to collect

Can you make a recommendation on illustrate what type of data is important to collect also explain how it may help an organization in improving quality?

  Explain stable corporation has been paying

Explain Stable Corporation has been paying an annual dividend of $3 per share for 10 years

  How does culture influence group and individual behavior

How does group behavior influence how people bahave individually in your organozation? How does culture influence their group and individual behavior?

  Team trusthave you experienced a previous situation

team trusthave you experienced a previous situation involving a team where different directions became an issue that

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd