What Are Two Benefits of Orientation Programs

question 127

Multiple Choice

What are two benefits of orientation programs?

• A) lower turnover and increased productivity
• B) improved employee training and development
• C) facilitation of learning and development
• D) less need for ongoing training and coaching

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Definitions:

Unit Contribution Margin

The difference between the selling price per unit and the variable cost per unit, indicating how much each unit sold contributes to fixed costs and profits.

Break-even Point

The production level at which total revenues equals total expenses, resulting in neither profit nor loss.

Mixed Cost

Expenses that have both a fixed and variable component, changing somewhat in response to changes in production volume or activity levels.

Machine Hour

A measure used to allocate costs to products or services based on the number of hours a piece of equipment is operated.