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According to expectancy theory,a skill-development training program would:
Labor Decreases
A situation where the workforce or the amount of work done decreases due to factors like automation, layoffs, or economic downturns.
Retain Earnings
Profits that a company keeps after dividends have been paid out to shareholders, often used for reinvestment in the business.
Dividends
Distributions of earnings given by a company to its stockholders, typically from the profits made.
Labor Supply Curves
Graphical representation showing the relationship between different wage levels and the quantity of labor workers are willing to supply, generally sloping upwards indicating that higher wages attract more labor.
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