Which of the following is the best way to determine whether training is cost effective?
A)identifying attitudinal changes following the training programs
B)measuring the resulting improvements in performance
C)assessing any reductions in voluntary turnover
D)comparing costs and benefits associated with the training

Question

Quizplus · Accepted Answer

Comparing costs and benefits associated with the training is the most comprehensive approach to determine if training is cost-effective. This involves analyzing the expenses incurred during the training process against the benefits, such as improved productivity, reduced error rates, or increased profits, resulting from the training. This method provides a quantitative measure of the return on investment (ROI) for the training program. While identifying attitude changes, measuring improved performance, and assessing reductions in voluntary turnover are useful indicators, they may not provide a complete picture of the overall impact of the training program.

Which of the Following Is the Best Way to Determine