10-2. why is the formal training of workers so important to most employers?

Formal training is an integral part of employee development. It helps employee to get introduced to the nature of the job.

a) It makes clear to the workers what the employer needs, without which workers may not understand which work should be done on priority basis.

b) It eliminates waste of resources like time, money, etc. If a work is done without any formal training, such work might not be in desired standard; this thing is the waste of money as well as time. Therefore, in order to prevent it the formal training is required.

In rudimentary terms, every firm depends on its workforce to a great extent.  After all, it is the people that run the operations of the company.  

The employer that provide training to their employees see the following benefits:

Greater productivity ,better cooperation ,continuous growth of employees

and enhanced job satisfaction.

answer; rapid growth in buyer demand and high buyer switching cost;