To discuss: Importance of human resources to the success of business.
![Check Mark](/static/check-mark.png)
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 11 -INSTRUCTOR'S. EDITION
- Need solutionarrow_forwardThe weighted average contribution margin is?arrow_forwardUse the information provided by iLembe Enterprises to answer the following questions independently. The expanded contribution margin model must be used to answer questions 3.3 to 3.5. 3.1 Use the contribution margin ratio to calculate the break-even value. 3.2 Determine the selling price per unit (expressed to the nearest cent) that will enable iLembe Enterprises to break even. 3.3 Calculate the sales volume required to achieve an operating profit of R2 001 000. 3.4 Calculate the total Contribution Margin and Operating Profit/Loss if the sales price drops by 10%. 3.5 The management of iLembe Enterprises is considering an increase of R100 000 in the advertising expenditure with the expectation that the sales volume will increase by 1 000 units. Will the profitability improve? Motivate your answer with the relevant calculationsarrow_forward
- Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
![Text book image](https://www.bartleby.com/isbn_cover_images/9781337386920/9781337386920_smallCoverImage.gif)