Web Based Training
From Baruchnewmedia
In today's world where dollars are scarce and information is changing so rapidly there is a demand for instant training. Web Based Training (WBT) allows businesses to reach large employees at lower costs, covering multiple time zones and languages without the need of a pricy Instructor. The initial cost of creating the course when looked at on a per user basis can go from thousands of dollars to cents depending on the audience and the size of the company. Take Citi for example they have over 300k employees lets say they have to give a trainging to all employees on TARP regulations the cost of creating a course like this with a developer could be as much as 75k depending on how indepth the course is and how many language versions are needed. However when you spread that cost across the 300k employees the cost to have each one take the course is only $4 per user. That is just one of the cost benefits of web based training.
Also looking forward with the waves of new employees that will be joining the workforce they are more savvy with working on the web and learning about topics through google and wikipedia. Web based training is going to be the direction that they expect companies to go in.
