Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Review the following article and answer the questions below in a thorough, detailed way. https://smallbusiness.chron.com/calculate-roi-training-40331.html 1) Is it possible to calculate the return on investment

Review the following article and answer the questions below in a thorough, detailed way.

https://smallbusiness.chron.com/calculate-roi-training-40331.html

1) Is it possible to calculate the return on investment (ROI) on training for a group of ROI clerks? If so, what do you need to know to calculate this?

2) Provide a simple calculation using assumed figures (you tell what they are paid per hour, lost revenue during the closure/diminished staff, etc.) on a scenario of 10 training hours over 3 months. What would the cost be and estimated ROI for the next year?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quantitative Credit Portfolio Management

Authors: Arik Ben Do, Lev Dynkin, Jay Hyman, Bruce D. Phelps

1st Edition

1118117697, 978-1118117699

More Books

Students also viewed these General Management questions

Question

=+ How did the firm finance fixed-capital expenditures?

Answered: 1 week ago