Cost-benefit analysis helps identify which kind of training programs yields the best results with minimal costs. In addition, Walmart uses cost-benefit analysis to optimize training and human resource management costs. For example, work analysis is used to identify specific task requirements for certain sales personnel and supervisors. For this purpose, Walmart’s human resource management applies work/task analysis as the main type of training needs analysis for most positions in the organization. Work analysis is typically used for understanding specific knowledge, skills, and abilities required to fulfill jobs.
