Question

You are concerned with a steady decline in profits in your​ company, despite the fact that costs are not rising at an unreasonable rate. Which person should you visit with​ first?

Answer 1

Answer:

I will visit the sales manager first

Explanation:

A company is profitable if its turnover exceeds expenditure. In other words, total sales must be more than the sum of the cost of sales and operating costs.

In a company, the significant cost components are inventory and operations costs. In this case, costs are risings reasonable. It signifies growth in production activities. The problem for the company is likely to be sales-related. Possible challenges in sales departments include.

1. A significant drop in sales volumes

     2. Low mark-up on the companies products

     3. Pilferage or fraud in the sales processes.