Asked by Jacob Delgado on Jun 03, 2024
Verified
The Wood Panel Plant example depicted in Table 11.2 resulted in a return on investment outcome of 5.78. What can management conclude from that number if the assumptions underpinning the ROI calculations are correct?
A) management should expect a $1.00 return for every $5.78 invested in training
B) management should expect to receive $5.78 for every dollar invested in training
C) management should expect a $1.00 return for every 58 cents invested in training
D) the break-even point on this training program will required a 578% "effect size"
Return On Investment
A measure used to evaluate the efficiency or profitability of an investment, calculated as the net profit divided by the cost of the investment.
Management
The process of dealing with or controlling things or people, often within an organizational setting, including planning, decision making, and coordinating resources.
Assumptions
Ideas or beliefs taken as true without proof.
- Acquire knowledge on diverse techniques for sorting costs and assessing the effectiveness of training schemes.
Verified Answer
Learning Objectives
- Acquire knowledge on diverse techniques for sorting costs and assessing the effectiveness of training schemes.
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