Raising standards and productivity, helping firms adapt to change, boosting employee morale and cutting absenteeism, improving the quality of working life, and building a learning culture are just a few benefits of HRD.
Why is HRD essential to achieving company goals?
Because it is an investment in one's employees that will ultimately result in a stronger and more productive workforce, human resources development is important. By supporting employee development, a business strengthens its resources and raises the value of its workforce.
Strategic human resource management is the process of integrating human resources with strategic goals and objectives in order to improve organizational performance and foster an environment that fosters innovation, adaptability, and competitive advantage.
To know more about human resources development
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Answer:
Cash payments:
March $30,300
April $51,660
May $58,490
Explanation:
The following costs amounting to $9,000 should be deducted from the projected expenses per month
A. Insurance costs (it had been prepaid in February)
B. Depreciation (it doesn't involve any cash movement)
C. Property tax (it won't be due for payment until June)
This leaves each month expense as shown in the attached schedule. And based on the 70 : 30 rule, the table reflects the full payment structure.
Answer:
Margin of safety - Units =3350
Margin of safety - Sales Revenue = $251250
Explanation:
Margin of Safety indicates how much sales may decrease before a loss can be made.
<u>Margin of safety - Units</u>
Margin of safety - Units = 5000-1650 =3350
<em>Margin of Safety as a % = 3350/5000 ×100 = 67%</em>
<u>Margin of safety - Sales Revenue</u>
Expected Sales = (5000 × $75) =$375000
Margin of Safety = $375000 × 67% = $251250
Answer:
Product or service differentiation competitive advantage
Explanation:
Product or service differentiation is the procedure of distinguishing the service or the product from others in order to make the product or service more attractive for a specific target market.
And Product or service differentiation is a competitive advantage which is tactic of strategic positioning for an business or firm could undertake in order to set its services or products and the brands apart from those of the others.
So, offering the target market which is unique or different by offering lower price than the others or competitors are known as product or service differentiation competitive advantage.
401(k) is an employer-provided plan, IRA isn't.
