Question: (a) CONSULTANT PROGRAM CALCLULATE: Benefit, Net benefit, Benefit / Cost Ratio, and Return on Investment Show your work and all calculations FINANCIAL CALCULATIONS Show your
- (a) CONSULTANT PROGRAM CALCLULATE: Benefit, Net benefit, Benefit / Cost Ratio, and Return on Investment
Show your work and all calculations
|
| FINANCIAL | CALCULATIONS Show your work |
| A | BENEFIT (TOTAL SAVINGS): REDUCTION IN ERRORS (Assume a total cost of errors to the company of $20,000 |
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| B | BENEFIT (TOTAL SAVINGS): REDUCTION IN TURNOVER (Assume that a total of 5 (Five) employees have left the company & need to be rehired |
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| C | TOTAL BENEFIT (SAVINGS)
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| D | NET BENEFIT
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| E | BENEFIT / COST RATIO
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| G
| RETURN ON INVESTMENT
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(b) eLEARNING PROGRAM CALCLULATE: Benefit, Net benefit, Benefit / Cost Ratio, and Return on Investment
Show your work and all calculations
|
| FINANCIAL | CALCULATIONS Show your work |
| A | BENEFIT (TOTAL SAVINGS): REDUCTION IN ERRORS (Assume a total cost of errors to the company of $20,000
|
|
| B | BENEFIT (TOTAL SAVINGS): REDUCTION IN TURNOVER (Assume that a total of 5 (Five) employees have left the company & need to be rehired)
|
|
| C | TOTAL BENEFIT (SAVINGS)
|
|
| D | NET BENEFIT
|
|
| E | BENEFIT / COST RATIO
|
|
| G
| RETURN ON INVESTMENT
|
|
|
|
|
|
(c) Based on the calculations above, which program would you recommend, the Consultants Program or the Vendors eLearning Program?
- (a) CONSULTANT PROGRAM CALCLULATE: Benefit, Net benefit, Benefit / Cost Ratio, and Return on Investment
Show your work and all calculations
|
| FINANCIAL | CALCULATIONS Show your work |
| A | BENEFIT (TOTAL SAVINGS): REDUCTION IN ERRORS (Assume a total cost of errors to the company of $20,000 |
|
| B | BENEFIT (TOTAL SAVINGS): REDUCTION IN TURNOVER (Assume that a total of 5 (Five) employees have left the company & need to be rehired |
|
| C | TOTAL BENEFIT (SAVINGS)
|
|
| D | NET BENEFIT
|
|
| E | BENEFIT / COST RATIO
|
|
| G
| RETURN ON INVESTMENT
|
|
|
|
|
|
(b) eLEARNING PROGRAM CALCLULATE: Benefit, Net benefit, Benefit / Cost Ratio, and Return on Investment
Show your work and all calculations
|
| FINANCIAL | CALCULATIONS Show your work |
| A | BENEFIT (TOTAL SAVINGS): REDUCTION IN ERRORS (Assume a total cost of errors to the company of $20,000
|
|
| B | BENEFIT (TOTAL SAVINGS): REDUCTION IN TURNOVER (Assume that a total of 5 (Five) employees have left the company & need to be rehired)
|
|
| C | TOTAL BENEFIT (SAVINGS)
|
|
| D | NET BENEFIT
|
|
| E | BENEFIT / COST RATIO
|
|
| G
| RETURN ON INVESTMENT
|
|
|
|
|
|
(c) Based on the calculations above, which program would you recommend, the Consultants Program or the Vendors eLearning Program?
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