FGH is a private limited company. FGH has a tall hierarchical organisational structure. It is a book retailer which plans to take over one of its competitors for $800m. If the takeover happens, FGH would have 6500 bookshops across 20 countries. FGH’s Managing Director said: ‘We expect to reduce total costs by $300m each year after the takeover. We will stop all off-the-job training of employees.’ The Managing Director thinks FGH would benefit from becoming a public limited company but some of the other directors cannot decide if this is a good idea. a) What is meant by ‘off-the-job training
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when employes were sent away from their position for training it is called off the job training .
It has 1 part which called vestibule training
- it means duplicate model of the organisation . A dummy model of machinery is used instead of using original machinery which os very costy .
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