question_answer

"Expenses on training is an investment and not a wastage." Clarify. Also give any two advantages of training for the organisation.

Answer:

Expenses on training is an investment and not a wastage, as expenses incurred on training today will provide benefit to the organisation for a long-term in the form of increased efficiency of the employees. The benefits of training and development to an organisation are as follows: (i) Training is a systematic learning, always better than hit and trial methods which leads to wastage of efforts and money. (ii) It enhances employees' productivity both in terms of quantity and quality, leading to higher profits.