1st Student's Major
Management
1st Student's College
Business
Students' Professional Biography
My name is Emily Haag. I was born and raised in New Ulm, Minnesota. I am currently going into my senior year of college at Minnesota State University, Mankato. I am looking to achieve a major emphasis in Human Resources Management, and a minor in Financial Planning. I am currently looking at the possibilities of my graduate education, and set to finish my undergraduate courses in May of 2013. After my education, I hope to achieve a position in business administration. I hope to someday lead my own operations, but for now I would like to keep learning. I plan to continue this research in my senior year.
Mentor's Name
Queen Booker
Mentor's Email Address
queen.booker@mnsu.edu
Mentor's Department
Management
Mentor's College
Business
Abstract
This study investigates whether training costs had an impact on small business profitability between 2006 and 2010. The results show that companies that increased or maintained their spending on training between 2006 and 2010 had higher profitability overall as compared to companies that cut or did not invest in training. In fact, companies that continued to invest at the same or higher levels had a net income after taxes of approximately $12,000. The research, however, was limited to companies that employed 100 or fewer people in the southern Minnesota area and therefore are not applicable to other geographic areas.
Recommended Citation
Haag, Emily
(2012)
"Impact and Results of Cuts in Training and Development Budgets on Local Small Businesses in Southern MN,"
Journal of Undergraduate Research at Minnesota State University, Mankato: Vol. 12, Article 2.
DOI: https://doi.org/10.56816/2378-6949.1010
Available at:
https://cornerstone.lib.mnsu.edu/jur/vol12/iss1/2
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License