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Monday, April 22, 2019

Management during Low Sales Volume Research Paper

Management during Low sales Volume - Research study ExampleThis paper illustrates that reducing labor expenses digest save numerous employees job and organization can keep knowledge and talents of longtime employees for the purpose of growth in future. It is possible for reducing compensation and well-being provided from the end of the organization. So in such case, a restructure on salary, benefits and compensation are required. Employees should do the multitasking activities. If some of the employees are inefficient in this field then management will take straightaway action against them. Again expansion of new business strategy can improve the present scenario of sales. semestral review of financial statements should be done in the more stringent way for reducing the chances of dishonorable sales data. No unconfirmed sales data should be recorded in an organizational score system. Anticipatory sales data should also not to be included in the financial statements of this or ganization. Sales procedures should not be conducted without any signed purchase order from the respective end. Again confirm clash details are required for completing a sales activity. If any bonus was paid on the basis of fictitious order then that amount of bonus should be taken off by the end of the management. Staffing cost is based on the sales number. So, in this case, the amount of bonus will development the amount of total cost of this organization. For improving employee communication method, human resource managers should take proper initiatives. They should beware to the problems of employees and respond according to the situation. Communication gap needs to be minimized between lower aim staffs and upper-level managers. Otherwise, managers would not be able to know about the operational problems. Effective communication many times solves so many operational difficulties within an organization. In the effective communication process, individuals can bundle their ide as and views with others and thus the organization can operate its business activities in a more innovative way. For mental synthesis effective communication procedure, face to face conversation is necessary. Again managers should keep the track records of employees activities.

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