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General Information About Businesses

I'm planning on owning my own business and would like some information on some questions I asked myself that I'm not certain about.

1. How can my human resource staff be beneficial to my employees and customers? Can taking care of my employee also have a negative impact on the customers and the management or me as an owner?
2. Why is training so important and what type of training should I offer my employees?
3. To increase net profit for my company I must sell more volumes, raise prices, or reduce expenses. As a retailer is it always possible to do all these? What unintended consequences could occur with any of these strategies? For example if you cut costs, will it affect volume? Could excessive volume have a negative impact? Alternatively if I seek to increase demand then will you necessarily succeed? What factors could keep you from utilizing this strategy as well as the others?

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1. How can my human resource staff be beneficial to my employees and customers? Can taking care of my employee also have a negative impact on the customers and the management or me as an owner?

-A Human Resources staff benefits your employees and customers by providing a governing board for the standards the company will establish and then adhere to. For example, a code of conduct is often housed within the HR sector of a company and it is HR?s job to ensure that the code is followed by the employees. When the code is followed by the employees, this also sets the standard for how the employees will interact with customers. The standards within the code will dictate the standards for both the employees and the customers as well.

-In my experience, there is no real major down side to having an HR staff on board. The only potential negative could be that the staff salary, regardless of ...

Solution Summary

A dicussion regarding human resource staff benefits, taking care of employees, training for employees (importance and type), strategies to increase net profict for an organization. 633 words.

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