When Using _____ to Evaluate Training, HR Professionals in an Organization

question 14

Multiple Choice

When using _____ to evaluate training, HR professionals in an organization, typically gather data on training and compare them to data on training at other organizations of similar size in their industry.

• A) the results approach
• B) benchmarking
• C) cost/benefit analysis
• D) the return on investment analysis approach

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Definitions:

Discount Rate

The interest rate used to discount future cash flows to their present value, often used in capital budgeting and investment planning.

Lease Payments

Regular payments made by a lessee to a lessor for the use of an asset for a specific period of time.

Profitability Index

A financial ratio that measures the return on investment for a project by dividing the present value of future cash flows by the initial investment.

Invested Sum

The total amount of money allocated towards an investment or project.