To discuss: Importance of human resources to the success of business.
Explanation of Solution
Human resource management is the process of managing the people in an organization. The workers and the employees are managed to accomplish the organizational goals and objectives. It has treated the people as an assets for the organization.
Many companies considers their human resources as a biggest investment. Human resources management nurture human investment so that it yields maximum possible returns. It can help the business by recruiting the best talents, promoting career development and improving organizational effectiveness.
Human resources helps to increase the productivity by implementing the tasks like training, induction, and recruitment which all help to make product better and thus, increasing customers’ satisfaction.
Want to see more full solutions like this?
Chapter 15 Solutions
BUSN
- Lawson Corporation lists fixed assets of $250 on its balance sheet. The firm's fixed assets have recently been appraised at $390. The firm's balance sheet also lists current assets at $85. Current assets were appraised at $97.5. Current liabilities book and market values stand at $72 and the firm's long-term debt is $165. Calculate the market value of the firm's stockholder's equity. a. $104.50 b. $244.5 c. $250.5 d. $128.30 solve this Accounting problemarrow_forwardDalton Industries has provided the following data from its activity-based costing system:arrow_forwardProvide correct solution and accounting questionarrow_forward
- Solve thisarrow_forwardA copy machine cost $95,000 when new and has accumulated depreciation of $83,000. Suppose Pinnacle Office Supplies sold the machine for $14,000. What is the result of this disposal transaction? A. No gain or loss B. Gain of $2,000 C. Loss of $1,000 D. Loss of $44,000arrow_forwardneed this accounting subject solutionarrow_forward
- Direct materials used totaled $78,320; direct labor incurred totaled $215,640; manufacturing overhead totaled $298,750; Work in Process Inventory on January 1, 2023, was $157,830; and Work in Process Inventory on December 31, 2023, was $142,940. What is the cost of goods manufactured for the year ended December 31, 2023?arrow_forwardPlease provide the correct answer to this general accounting problem using valid calculations.arrow_forwardCan you help me solve this general accounting question using valid accounting techniques?arrow_forward
Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning