Zach is a salesperson at a large medical supply company. the company wants zach to learn to manage multiple departments, so it offers to pay his tuition while he earns an mba at stanford university and give him a $20,000-a-year raise once he gets his degree.

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Business

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14 October, 23:48

Zach is a salesperson at a large medical supply company. the company wants zach to learn to manage multiple departments, so it offers to pay his tuition while he earns an mba at stanford university and give him a $20,000-a-year raise once he gets his degree.

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Aniya Snyder · Answer 1

Answer: Payment for Knowledge

Explanation:Training is a key aspect for a company's improvement development and success. It is beneficial to both employers and employees of an organization. An employee will become more efficient and productive if he is trained well.

Due to the continuous updates and improvement in the world technology relating to businesses, Most Organisations are willing to pay for training thier employees off the job so to cope up with those changes, improve the working conditions, and enhance their knowledge.

Even though such training are costly, on the long run, they improve efficiency and productivity of employees. Well trained employees show both quantity and quality performance leading to optimal use of time, money and resources.

The company seeking for Zach to learn to manage multiple departments, and proferring to pay his tuition while he earns an mba at stanford university and give him a $20,000-a-year raise once he gets his degree shows that the company is willing to pay for more knowledge as that hopefully will go a long way to improve their productivity when he returns.