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'Moga Industries Ltd.' approached a well established university in the city of Madurai to recruit qualified personnel for various technical and professional jobs. They selected Tanya, Ritu, Garima and Chetan for various vacancies in the organisation.
After the selection and placement, 'Moga Industries Ltd.' felt the need to increase the skills and abilities, and the development of positive attitude of the employees to perform their specific jobs better. The company also realised that learning new skills would improve the job performance of the employees. Hence, the company decided to take action for the same.
After the selection and placement, 'Moga Industries Ltd.' felt the need to increase the skills and abilities, and the development of positive attitude of the employees to perform their specific jobs better. The company also realised that learning new skills would improve the job performance of the employees. Hence, the company decided to take action for the same.
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Question : 31
Total: 32
State the benefits of the action to 'Moga Industries Ltd.'
Solution:
Importance/ benefits of training and development to Moga Industries Ltd., are:
(i) Systematic Learning: The systematic learning process of training teaches workers to make the most efficient use of resources. It is better than hit and trial methods which leads to wastage of efforts and money.
(ii) Increase productivity: Well trained employees give better performance on the job, which increase the productivity, both in terms of quality and quantity, leading to higher profits.
(iii) Prepare future manager: Training enables the employees to take more challenging jobs and prepare them to take position of future manager in case of an emergency.
(iv) Boost morale of employees: Training increases employees' morale and reduces absenteeism and employee turnover.
(v) Better response to fast changing environment: Training helps to keep pace with the rapid changes taking place in the technological and economical environment.
(i) Systematic Learning: The systematic learning process of training teaches workers to make the most efficient use of resources. It is better than hit and trial methods which leads to wastage of efforts and money.
(ii) Increase productivity: Well trained employees give better performance on the job, which increase the productivity, both in terms of quality and quantity, leading to higher profits.
(iii) Prepare future manager: Training enables the employees to take more challenging jobs and prepare them to take position of future manager in case of an emergency.
(iv) Boost morale of employees: Training increases employees' morale and reduces absenteeism and employee turnover.
(v) Better response to fast changing environment: Training helps to keep pace with the rapid changes taking place in the technological and economical environment.
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