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Learning Curve and Use in Business

What is the learning curve and how can it be applied? Would the learning curve be appropriate an IT organization? Explain?

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A learning curve is the amount of leeway given to learn a lesson or job. The learning curve depends on the amount of training time is needed and the amount of tolerance a company has for that time, errors, and failures. Some learning curves can be larger because the job is difficult or contains many different steps or levels to complete. Trial and error and the time to fix those errors is part of the learning curve. ...

Solution Summary

A discussion of the learning curve and how it can affect departments such as IT in 300 words.