Training approaches available to the company:
- Hiring outside training consultants
- Using training manual
- Using videotape presentation
- Using audiotape presentation
- By training seminar
- Using individualized hand-on instruction
- By computer-assisted training
Reason for employee training:
- Recruiting costs relating to hiring a new employee are avoided
- Existing employees are already familiar with the firm's operations
- Employee morale is often enhanced, especially in cases where the new position would be a promotion for an existing employee
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