All categories

1 year ago

understanding customers better has helped amazon and others become more successful. the understanding comes primarily from:

Business

1 answer:

sertanlavr [38]1 year ago

8 0

The understanding comes primarily from better and more skilled management personnel.

<h3> What are management personnel?</h3>

Human Resources Management is the administrative function within an organization that oversees the employment, organization, and support of employee positions.
Human resource management is a branch of human resource management focused on recruiting the right people and supporting those already working for the company.
A key executive is an individual who has the authority and responsibility to directly or indirectly plan, direct and control the activities of an enterprise, including directors (executives or others) of that enterprise.
Good human resources management is responsible for creating and maintaining a harmonious work environment.
This includes ensuring that the company's compensation and benefits strategy fosters success, employee disciplinary and grievance procedures, effective communication, and sound health and safety policies.

Thus, management personnel helps to achieve the organizational goals which lead to profit maximization.

To know more about personnel management refer to:

brainly.com/question/25443563

#SPJ4

You might be interested in

Savanna Smiles invested $5,000 for one year in a CD that earns interest at a rate of 3.5% compounded monthly. What is the intere

Mariulka [41]

We are asked to solve for the interest during the year given that it is compounded monthly, we are given with the formula A = P(1+r)^n. The solution is shown below;
A = P (1+r)^n
A = $5,000 (1+ 3.5/12)^(12*1)
A = $5,000 (1.000292)^12
A = $5,177.84

Hope this helps!

7 0

3 years ago

Read 2 more answers

Which of the following is not relevant when deciding whether or not to discontinue a product line?

FrozenT [24]

Answer:

Fixed costs that can be avoided by discontinuing the line.

Explanation:

Avoidable costs are those costs which can be eliminated by closing or rejecting a decision under evaluation. These costs are mostly variable coasts which vary with the change in activities. More activity more cost, less activity less cost and no activity no cost.

So fixed costs that can be avoidable by discontinuing the project is the only irrelevant cost between the given options.

6 0

3 years ago

Sheffield Corp. began 2022 with total stockholder’s equity of $1285000, including retained earnings of $928000. During the year,

gogolik [260]

Answer:

what was the company’s revenue for 2022?

$3802000

Explanation:

Beginning RE + Net Income (Profit or Loss) – Dividends = Ending RE

retained Earnings 928000

begining Equity 1285000

issued 1262000

Pid dividens 242000

928000+profit-3500000-242000=988000

Profit=988000-928000+3500000+242000

Revenue=3802000

5 0

3 years ago

PlastiPharm has several clients whose contracts require the company to store three to six months of raw materials for them just

ANTONII [103]

The reason why PlastiPharm should care about excess inventory is:

It can lead to the degradation of the raw materials

<h3>What is Excess Inventory?</h3>

This refers to the situation where there is a product that is yet to be sold due to the excess estimated demand for the product which leads to the overstock of the product.

With this in mind, we can see that PlastiPharm should be worried about the excess inventory because it can lead to the degradation of the raw materials as they are overstocked.

Read more about excess inventory here:
brainly.com/question/13829106

7 0

2 years ago

Partially completed goods that are in the process of being converted into a finish product are defined as Select one: A. convers

fomenos

Answer:

B. work-in-process inventories.

Explanation:

Partially completed goods that are in the process of being converted into a finish product are defined as work-in-process inventories.

Generally, the work-in-process inventories include the following raw materials cost, direct labor cost and factory overhead cost.

These category of products are only partially completed and as such are waiting for further processing, still undergoing fabrication or kept in a buffer storage.

4 0

3 years ago