Question
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?
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