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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.

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During the preparation of the bank reconciliation for Building Concepts Co., Joel Kimmel, the assistant controller, discovered t

Andrews [41]

Answer:

Joel is behaving in a totally unprofessional & unethical manner

Explanation:

As assistant controller, Joel Kimmel's job specification & responsibility includes financial statement preparation & combination, putting of internal controls in place, detailed analysis & reporting of cost variance, acts as the go-between with external auditors amongst other such responsibilities.

As such, when Joel discovered the cost discrepancy during the reconciliation, it was actually his responsibility to call the bank's attention to the variance. This is something that clearly falls under his job specification & can be considered as neglect of duty. Joel's decision defeats the very purpose of bank reconciliation, which is to correct any such discrepancy & to the ensure the rectification of transactions. Most importantly, the decision Joel plans to take is very unethical & is against standard accounting practices

We can therefore, say that Joel's decision is thoroughly unethical & unprofessional

5 0

3 years ago

Read 2 more answers

If a U.S.-based automobile parts supplier were to apply a global mind-set to its internal analysis, it would: a. review sales da

Stella [2.4K]

The correct option is, (d) study all of its internal resources with an understanding of which capabilities offer value to meet the needs of U.S., Japanese, European, and Korean automakers.

<h3>What will happen in theory if a company is able to align its strategy and structure?</h3>

A business is debating altering its organizational structure in order to capitalize on a consumer trend.
The business recognizes the potential revenue that could result from this new consumer behavior, which is very profitable.

<h3>Which of the following is an example of an intangible company resource?</h3>

Trademarks, goodwill, and patents are a few examples of intangible assets.

<h3>Why is IT important for a company to align its IT strategy to business strategy?</h3>

IT strategy and business goals should be coordinated to ensure that everyone is on the same page and working toward the same objectives.
This helps to guide and inform decision-making.
IT systems are more likely to be useful, well-used tools when they are chosen and implemented in accordance with an organization's strategic goal.

Learn more about internal analysis here:

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6 0

2 years ago

The degree to which team members interact with and rely on other team members for the information, materials, and resources need

Mariulka [41]

Answer:

task interdependence is the correct answer.

Explanation:

The degree to which team members interact with and rely on other team members for the information, materials, and resources needed to accomplish work for the team is known as task interdependence.

The goal of task interdependence is to alleviate the problems that arise when various assignments overlap and become the potential for disagreement.

Task interdependence within the team is an extent where the team members should communicate with each other to achieve their responsibilities and tasks.

Knowledge of task interdependence benefits company owners grasps how various branches and team members depend on the performance of each other.

5 0

3 years ago

Determine the (a) working capital, (b) current ratio, and (c) quick ratio. Round ratios to one decimal place.The following data

kramer

Answer:

a. The working capital is $625,000

b. The current ratio is 2.82

c. The quick ratio is 2.08

Explanation:

In order to calculate the working capital first we need to calculate the Current Assets and the Current Liablities as follows:

Current Assets = Cash + Accounts receivable + Inventory + Prepaid Expenses + Temporary investments

= 154,000+210,000+240,000+15,000+350,000

=$969,000

Current Liablities = Accounts payble + Accrued liablities + Income tax payable + Notes payable,short term

= 245000+4000+10000+85000

=$344,000

a. Therefore, working capital = Current Assets - Current liabilities

= 969000 - 344000

= $625,000

b. To calculate the current ratio we have to use the following formula:

current ratio = Current Assets / Current liabilities

=969,000 /344,000

= 2.82

c. To calculate the quick ratio we have to use the following formula:

quick ratio = (Cash + Accounts receivable + Temporary investments ) / Current liabilities

= (154,000+210,000+350,000) / 344,000

= 2.08

7 0

3 years ago

PLEASE HELP ASAP PUT ALL MY POINTS IN PLS HELP :)

Alexxandr [17]

People a rude just putting in random letters like “e”

3 0

3 years ago

Read 2 more answers