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Benefits of Training and Return on Investment (ROI) Strategies Use at least two resources from the class.
Companies are looking to cut costs. Unfortunately, some of the first cuts are felt in the training department. If you were a manager of a training division, how would you present your "Return on Investment" case that training is an important entity to your company?
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The technology is such that at any factor prices, cars are intensive in their use of skilled labor. You can alternatively use the skilled and unskilled unit labor requirements in the two goods, cars and food, given in the table below.
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