Purchase Solution

Supervisory Training: Cost-Benefit Ratio & ROI

Not what you're looking for?

Ask Custom Question

The Training Director expects that supervisory training will reduce the cost of grievances and lawsuits filed against the company by 50%. The current estimate of these costs is judged to be $100,000 per year. The director has allocated $2,500 for course development and $500 each for the actual training of 20 supervisors, which includes all trainer and materials costs.

This discussion requires the following activities:
1. Calculate the cost-benefit ratio.
2. Calculate the ROI.

Purchase this Solution

Solution Preview

Key terms: return on investment, initial investment, financial gain, ratios

This question is designed to test your ability to manipulate financial ratios. Think like a manager when you see these types of problems, and evaluate if cost expenditures exceed possible profits. Profits are the lifeblood of every for-profit business entity, thus, financial returns are extremely important to ...

Purchase this Solution

Free BrainMass Quizzes
Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Organizational Behavior (OB)

The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.