Explain 5 advantages of both programs. Give 3 appropriate examples to support your explanation. (15 points )

Program1: Goldcorp Apprentice-like programs are also used to prepare new managers. The president and chief executive officer of Goldcorp (G), a company in the mining industry, offers the chance for MBAs to apply for a nine -month apprenticeship. The apprentice ice shadows Goldcorp's CEO and observes board meetings, negotiations, mine acquisition and other important aspects of the mine Industry. G hopes the apprenticeships will attract more MBAs to the mining industry, which is viewed by many graduates as unsafe and dirty businessi. Program2: Hyatt Hotel Hyatt hotel offers several programs in which management trainees complete training in areas of facilities, culinary arts, sales, hotel operations, accounting, and catering. Trainees rotate through all parts of the hotel and perform all aspects of each job, ranging from washing dishes to catering, and then spend the rest of the training time in their specialty area. Employees who complete the training are placed in entry-level management positions 2 (Source: 1A. Ciaccio, "You are hired: Goldcorp stint touts opportunities in mining." The Wall Street Journal September 25, 2005: B6.) 2. M. Rowh, the rise of the apprentice" Human Resource Executives (February 2006): 38-43.)