BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Lower costs
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Structured
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Can respond more urgently
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Saves time
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Detailed explanation-1: -Professionals do not have to leave their workplaces to receive this training, saving both time and energy. Training that incorporates on-the-job skills can also be more efficient for certain tasks, as individuals receive hands-on experience relevant to the tasks they are performing on a daily basis.
Detailed explanation-2: -Internal training adds extra burden to company administration. The company must accommodate suitable training facilities and training materials as well as select suitable candidates for the training. This may be difficult to execute in addition to being inefficient in comparison to outsourcing.
Detailed explanation-3: -Training is conducted to increase the efficiency of the employees of the organization and thus it helps them to achieve organizational goals. The only benefit of training from the above options is, it helps to reduce the time and cost required to. Hence, B is the correct option.