If a training program is expected to reduce the amount of scrap in the production of a product, then a cost-effectiveness evaluation would indicate how much the training program costs and the impact on the bottom line caused by the reduction in scrap as a result of training.
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Q11: A training program costs $10,000 to deliver
Q12: A break-even analysis allows you to find
Q13: To calculate the impact training has on
Q14: The effect size measures the difference in
Q15: Direct costs include the trainer's salary, food
Q17: A training program is expected to cost
Q18: Given that trainees are already being paid
Q19: If a training program costs $2,000 per
Q20: Calculations of ROI and utility could be
Q21: What costing concept refers to costs that
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