How does training and development offer competitive advantage to an organisation?

Question

Question: How does training and development offer competitive advantage to an organisation?

Options:

1.  Removing performance decencies
2.  Deficiency is caused by a lack of ability
3.  Individuals have the aptitude and motivation to learn
4.  None of these

Answer 1

1. Removing performance decencies

Training and development offer competitive advantage to an organization by removing performance decencies.

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Explanation:

In an organization, training and development helps in competitive advantages. It removes performance decencies and increase productivity.

Well-trained employee will also adapt new technologies quickly to stand them out in market trend.

The risk of error also reduces after training and development of employee which add benefit back to the company.