a human resource issue, is a possible cause of cost overruns in an organization. a. Inaccurate demand forecast b. Unrealistic estimates c. Inadequate training d. Poor monitoring of progress

Respuesta :

The answer is the 'c' option. Which is inadequate training.

Any training that does not satisfy the needs of the business in terms of both quantity and quality is referred to as inadequate training.

This means that while determining your ideal training requirements, quality and quantity cannot be ignored.

The opportunity cost of Inadequate training includes:

  • There never seems to be enough time for everyone to do their work. Employee engagement is decreased when employees are sent on training that is ineffective, and the company pays for the time the employees could have spent working instead.
  • Workers with more training produce work of greater quality. As a result, consumer acquisition and retention rates grow. The company is losing a lot of money in lost income because it isn't maximizing its employees' talents through frequent and effective training.
  • The most successful businesses find a way to promote from the inside. This maintains a strong business culture and offers internal career options. You can develop the company's future top managers by giving them management training.

Hence, inadequate training, a human resource issue, is a possible cause of cost overruns in an organization.

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