Examlex

Solved

Training Can Be Worthwhile Even If It Does Not Contribute

question 24

True/False

Training can be worthwhile even if it does not contribute to overall organizational effectiveness in some tangible way.


Definitions:

Move Time

The duration it takes to transfer materials or products from one phase of production to another.

Non-value-added Time

Time spent during the production process that does not directly contribute to the final value or quality of the product.

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the net profit from the investment by its cost.

Performance Measure

A quantitative indicator used to evaluate the effectiveness or success of an organization, employee, or process in achieving objectives.

Related Questions