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State any three reasons why training is needed in any organization. |
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Answer» Training is needed in an organization because of the following reasons: (a) Economic operations. Trained personnel will make economic and efficient use of resources – men, money, material, machines and methods. This will lead to the reduction in the cost of production per unit; there will be great saving as training reduces wastage and spoilage. This will result in economic operations. Thus, training expenditure is treated as an investment in human resources. (b) Increases productivity. It helps to improve employee’s knowledge and skills, which in turn increases the quality and quantity of production. Higher productivity means higher profitability for the organization. (c) Standardization of procedure. With the help of training, the best available method of performing the work can be standardized and taught to all the employees. |
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