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N76 [4]
3 years ago
15

Over a long period of time Sears has slipped from being America's largest retailer to struggling for survival in recent years. W

hat cultural change can you suggest to help company leadership at Sears restore some of the retailer's past glory?
Business
1 answer:
Kaylis [27]3 years ago
4 0

Answer:

I think Sears need to stop diversifying its product too much and focus on improving internal human resources.

Explanation:

The largest expense that Sears made occurred during their effort to add more female customers to shop at their place.

Sears was known for  its DieHard, Craftsman and Kenmore brands that attract mostly male customers to their stores. They started “The Softer Side of Sears”  which focused on adding more products for female customers.

But, in the process of doing so, Sears neglected their already successful male products department with a lot of employees who sacrifice a lot of their time and effort into making Sears as big as it is.

In order to restore to its former glory, Sears need to stop focusing on new market with a lot of strong competitors and focused on improving skill set of employees in their successful department. They can do this by investing in their education, increasing the budget for their research and development, etc.

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Chloe and Tamara start a vintage fashion boutique. While both invest equally in the store and are entitled to equal profits, it
WINSTONCH [101]

Answer:

Silent partner.

Explanation:

<u>Chloe is a </u><u>silent partner</u><u> in this vintage fashion boutique.</u> A silent partner or sleeping partner is that <u>who invest</u> in the business and have still<u> shares in the profits and losses </u>of the business, but who is <u>not involved in day-to-day business transactions</u> and in its management and his/her<u> personal property is not at risk</u> in case the business suffers losses as here Chloe and Tamara invested equally but Chloe is not taking part in the management of the business but still shares the profit and loss occurred but her personal property is not at risk<u> in case of firm's insolvency.</u>

3 0
3 years ago
Following is an extract of account balances of Wilson Mowing Services as of December 31 of the first year of operation. Accounts
Nataly [62]

Answer:

$32,300

Explanation:

With regards to the above, the amount of total assets is the addition of current assets + Fixed assets.

= Accounts receivables + Cash + Truck equipment

= $7,000 + $7,300+ $8,000 + $10,000

= $32,300

Therefore ,

Total assets = $32,300

8 0
3 years ago
What are the fundamentals of a wealthy life?
Alenkinab [10]

Answer:

  • Avoiding debt.
  • Budgeting properly.
  • Setting short-term and long-term goals.
  • Investing in yourself.
  • Diversifying your assets.
  • An understanding of risk and reward

8 0
3 years ago
Read 2 more answers
Rhonda, a general manager, makes a decision on behalf of the business that leads to some personal financial gains, while the com
noname [10]

Answer:

Conflict of interest .

Explanation:

The scenario depicts a conflict of interest. Rhonda's decision benefits Rhonda at the expense of the company. Rhonda does not fulfill the responsibility to ensure that the company stays profitable, which is a conflict of interest. A conflict of interest, one of the most common ethical issues identified by employees, exists when a person must choose whether to advance his or her own personal interests or those of others.

8 0
3 years ago
Describe at least three design decisions you could make to create a clear, effective presentation
olga_2 [115]
Spacing, color, and contrast <span />
4 0
3 years ago
Read 2 more answers
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