Question

Explain in detail the need and importance of training in modern business organisation.

Answer 1

ANSWER

Importance of training in an Organisation are:

(i) Advantages of standardization

(ii) Increasing organisational stability and flexibility

(iii) Heightened morale

(iv) Reduced supervision and direction

(v) Economical use of resources

(vi) Increase in productivity

(vii) Future manpower needs

(viii) Better industrial relations

(ix) Reduced accidents at workplace

(x) Reduced learning time!

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