Answer:
Customer relationship management
Explanation:
Customer relationship management is a strategy used in most organisation in which official make plan to retain their customers. They analyse the data about the customer, their professional history, their gross profit, nature of business etc. These all process help to boost the growth of company to the next level.
Answer:
The correct answer is: Managerial Judgment.
Explanation:
To begin with, the concept known as "Managerial Judgment" in the field of business refers to the process of managerial decision making done by the manager of the organization, therefore that it could be also understood as the ability that they have in order to resolve the situations that might cause harm to the operations or to the plans of the company. That is why that when sometimes the mathematical models are insufficient to predict future personnel requirements then the managerial judgment enters in the game in order to try to acquire the best solution as possible depending on the situation presented for the managers.
Answer:
The marginal return of production of the second worker or marginal product of the second worker is 10 cones.
Explanation:
One worker can make 15 cones of ice cream in an hour.
Two workers can make 25 cones in the same time.
While three workers can make 30 cones in an hour.
The marginal return of the production of the second worker is the contribution of the second worker in the total output.
Marginal return
= 25 cones - 15 cones
= 10 cones
Answer:
Prepare a detailed business for financial viability study
Answer:
The mini mart manager actually doing the right thing.
But The police still come and ask for the proof from the managers for the basis of the accusation
Explanation:
Most states in united states allowed Business establishment to legally detained the people who they suspect to be stealing. This action is protected under the probable cause.
But , there are several requirements that the business onwer needs to follow:
- They shall not intentionally harm the suspects
- They shall not publish the information about the case to the public unless the court determine that the suspect is guilty.
- The basis of the detain must be reasonable.
In the case above, the police will most likely come and ask the manager to provide proof. (usually by looking at the camera footage in the store or witnesses) . If the police believe the proof to be sufficient, the suspect will be processed accordingly.
