100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
HRD4801 Assignment 11 Semester 2 2023 (SOLUTIONs) $2.85   Add to cart

Other

HRD4801 Assignment 11 Semester 2 2023 (SOLUTIONs)

1 review
 141 views  13 purchases
  • Course
  • Institution

ASSIGNMENT 11 Lesson 11 DUE DATE Unique number 10 January LEARNING OUTCOMES After completing this assignment, you should be able to • calculate the return on investment (ROI) of a human resource development (HRD) intervention in an organisation by applying the ROI formula • evaluate t...

[Show more]

Preview 2 out of 9  pages

  • December 25, 2023
  • 9
  • 2023/2024
  • Other
  • Unknown

1  review

review-writer-avatar

By: zoeoby • 10 months ago

avatar-seller
, Question 1.




1.2 Evaluate your final ROI figure in question 1.1. (3)
The calculated return on investment (ROI) figure of approximately 27.97% indicates a
positive outcome for the program. Here's an evaluation of this ROI figure:
1. Positive ROI:
• The positive ROI suggests that the benefits derived from the program,
including reduced turnover costs and process improvement projects, exceed
the overall program costs. This is a favorable outcome.
2. Cost-effectiveness:
• With an ROI of 27.97%, the program demonstrates cost-effectiveness by
generating value that surpasses the initial investment. This is indicative of
efficient resource utilization.
3. Program Impact:
• The ROI figure reflects the program's impact on reducing turnover costs and
contributing to process improvement projects. It implies that the program has
achieved its intended objectives and provided tangible benefits to the
organization.
4. Consideration for Improvement:
• While the ROI is positive, ongoing evaluation and adjustments to the
program may further enhance its effectiveness. Continuous improvement
strategies can be implemented based on feedback and changing
organizational needs.
5. Comparison with Objectives:

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller itsbesttutors. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $2.85. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

71184 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$2.85  13x  sold
  • (1)
  Add to cart