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HR managers contribute in the increasing of the value of their firm by hiring the qualified staff, training them according to the needs of the firm as well as maintaining their safety and health. Also, they need to explain to the staff the compensation benefits that they expect in order to get motivated in their work.

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Q: The main way hr managers contribure to increasing the value of their firm is by what?
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What is a product by value analysis and what type of decision does it help managers make?

A product-by-value analysis lists products in descending order of their individual dollar contribution to the firm, as well as the total annual dollar contribution of the product. It helps managers evaluate possible strategies for each product. The product-by-value report focuses management's attention on the strategic direction for each product.


What should the management of Sports Products Inc pursue as its overriding?

Current theory asserts that the firms' proper goal is to maximize shareholders' wealth, as measured by the market price of the firm's stock. A firm's stock price reflects the timing, size and risk of the cash flow that investors expect a firm to generate over time. So financial managers should undertake only those actions that they expect will increase the value of the firm's future cash flow. Theorical and empirical arguments support the assertion that managers should focus on maximization shareholder wealth. Shareholders of a firm are sometimes called residual claimants, meaning that they have claims only on any of the firm's cash flows that remain after employees, suppliers, creditors, governments and other stakeholders are paid in full. As you see, shareholders stand at the end of this line so if the firm cannot pay the stakeholders first, shareholders receive nothing! Shareholders also bear most of the risk of running the firm. So if firms did not manage to maximize shareholders wealth, investors would have little incentive to accept the risks necessary for a business to succeed.


The field that deals with behavioral issues as well as technical issues surrounding the development use and impact of information systems used by managers and employees in the firm is called?

Management information systems


Which systems help managers monitor and control the business by providing information on the firm's performance?

Management Information System (MIS) It provides middle managements with reports on firm's performance to monitor firm and help predicts future performance. typically not very flexible systems with little analytic capability it use date from tps, duel to that it provides weekly, monthly, annual results, but may enable drilling not very flexible systems with little analytic capability.


Planning is the thinking process and managers being a men of action should have no use for it comment?

Being of no use to the managers is one of the limitations of the planning process. The space among where the firm is and where they aspire to go may be closed with the help of planning. Making decisions regarding the future in the present is planning. It refers to what must be done, how it must be done when it must be done, and by whom. Managers frequently avoid planning because it is seen of as a significant, time-consuming, expensive, and laborious mental exercise. It requires careful consideration, a tonne of paperwork, and a lot of time. The majority of managers do not enjoy engaging in such challenging and difficult mental efforts that may or may not result in outcomes. Managers typically favour action over contemplation. As men of action, managers shouldn't employ planning since it involves thinking.

Related questions

Maximize he market value of firm?

The market value of the firm is maximized by establishing a brand image or a increasing the brand equity of the firm which is done through advertising or other marketing campaigns and it adds value to the overall worth of a Company in the form of Goodwill and rest of the information can be found from merapakistan.com


What is intrepreneurial marketing?

In this firm pushes there managers into the market to live with their customer and innovate way to improve lifestyle of customer or add value to it.


When evaluating the operating efficiency of a firm's managers What ratio would you look at?

When evaluating the operating efficiency of a firm's managers, you would look at the Asset Evaluation Ratio.


Investors and financial analysts wanting to evaluate the operating efficiency of a firm's managers would probably look primarily at the firm's?

Investors and financial analysts wanting to evaluate the operating efficiency of a firm's managers would probably look primarily at the firm's Asset Utilization Ratios.


What are examples of typical economic decisions made by the managers of a firm. determine whether is an example of what how and when?

following are examples of typical economic decisions made by the managers of a firm. determine whether is an example of what, how, and when?


What is 'value of a firm'?

The 'value of a firm' is connected with profit maximization. It is the present value of the firm's current profit and the future profit. It determines the value accurately.


What is a firm's value?

The 'value of a firm' is connected with profit maximization. It is the present value of the firm's current profit and the future profit. It determines the value accurately.


What happens to market value of a firm's stocks and bonds if the firm unexpectedly issued more stocks and bonds without simultaneously increasing its investments by a like amount?

All other things being equal, the per share value will drop because the capitalization has been diluted.


Why is it important for managers to be familiar with time value of money concepts?

The fact that a dollar to be received next week is worth less than a dollar to be received today is important in finance because the value of a business firm is, fundamentally, the sum of the values today of all the dollars expected to be received by the business firm in the future.


What are the duties and respocsabilities of a marketing manager?

Marketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managers and market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential usersMarketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managers and market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential users Marketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managersand market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential users


What is a product by value analysis and what type of decision does it help managers make?

A product-by-value analysis lists products in descending order of their individual dollar contribution to the firm, as well as the total annual dollar contribution of the product. It helps managers evaluate possible strategies for each product. The product-by-value report focuses management's attention on the strategic direction for each product.


When a firm experiences increasing returns to scale its?

AFC will decrease