Answer the questions Case Study Example | Topics and Well Written Essays - 250 words - 1

Answer the questions - Case Study Example Failure to pay taxes by Bill is also essential to this lawsuit. Overstatement of net annual profits by Sam is also fraudulent. Failure to disclose true and fair view information of the restaurant’s net profits creates a fine for Sam. Despite, the accountant disclosing the information on overstatement Bill still goes ahead to complete the sale indicating intention of hiding the improprieties by Sam (Hall, 2012). Sam can claim to have disclosed all information on the annual net profit of the restaurant through the brochure. Sam goes ahead to disclose the unreported cash transactions to Bill. Therefore, Bill is well aware of the nature of business and unpaid taxes. Bill goes ahead to accept and completes the sale. Making a net profit each year of a little less than $25,000 cannot be a basis to justify a breach of contract (Hall, 2012) Sam is liable for a fine for failure to report all transactions to IFS, which is fraudulent. Sam claims on breach of contract is invalid as he is well aware of the state of the restaurant dealings and attempts to cover the fraud (Hall,

Effects of Training and Development on Overall Organizational Research Paper

Effects of Training and Development on Overall Organizational Performance - Research Paper Example With employees’ development, an organization is able to retain them at their place of work for their own growth and for the growth of the organization for they will be able to fill new positions arising in the organization. In this paper, I will generally discuss training and development on overall organizational performance through work of HR management. I will also discuss how the human resource department seeks to improve the overall performance of its employees through training and development programs. The paper will deal mainly with the effects of training and development programs in improving employees’ performance and how it helps an organization to realize its goals by giving different perspectives from different authors and researchers. Training and development are essential to the success of all organizations. This is because; it ensures the ongoing managing of the performance of employees in organizations. Employee pieces of training not only set goals for t he employees but also monitors and motivates them in achieving the set goals. All human resource management should initiate training and development programs in their organizations so as to nurture professionals and a staff that is competent. It is vital because of the changes in economic and technological trends and the increase in the pace of modernization. All organizations need training and development so as to be able to grow faster with the changes. Training and development increase employees’ performance and it also increases the achievement of organizational goals. It is a fact that training and development of employees enhance eventual employee’s productivity and performance in an organization. Many organizations have occupied their staff in training and development programs so as to improve their performance. The performance of employees needs to be upgraded regularly. For an organization to meet its goals there is a need to instigate training, development, a nd employee evaluation programs. The best and most powerful tool in human resource training and development in e-learning. Online learning is very important because nowadays, everything is done technologically and all employees should be technologically literate. New technologies help in the improvement of an organizations performance. Even though there were cases whereby most employees were resistant to change, presently, they do embrace change. Due to this, most organizations are giving their employees training and development in their organizations for better performance. A research conducted by Rivera  found out that the human resource management is very confident and keen on the positive effects that training and development programs bring to their organizations (56). Many HR professionals interviewed during this research confirmed that the success and excellent performance of an organization highly rely on the constant training and development of its employees. The same rese arch revealed that many employees are happy with the training given to them and they also confirmed that it has improved their performance and it has increased their self-efficiency.