Human Resources in the Work Place

Chapter 9 was my favorite chapter to learn about in this class, and inspired me to look into a future career in human resources. I feel like where I work, they make us believe what they want us to believe, rather than teach us by the rule book (if that makes sense). I was told if I told someone how much I make, I could be written up or fired. I have been told mutiple things along these lines, and learning about HR polices helped me realize that the people I work under don't call as many shots as they make it sound like.

Work, Work, Work!

In Chapter 17, we learned several formulas that I have been able to apply to my job. If I close, I have to send my district manager an e-mail, that explains our sales for the day in depth. My DM is very picky about what numbers she wants, so I have to be careful. I calculate net sales and send her that #, plus our comp. percent for the day. She gets VERY angry if you send her gross sales, because gross sales includes sales tax, and gift card purchases, which aren't money that we technically made that day. Formulas for net sales, gross sales, and return on sales from Chapter 17 can all be applied to my job.

Reflections Post Ch. 17

During this brief, but important lecture the class discussed some of the basic principles of accounting.

-Always note that equation of acct. is Assets=Liabilities+Stock Holder's Equity

Accounting is important to help determine the health of a company and organizations. It allows the following to perform their task:

Managers: to plan and control

Investors: to evaluate health of business

Suppliers: to evaluate credit risk

Government: to confirm tax liability and moderate business

There are other equations to interpret certain useful data of a firm such as:

Return on Sales: Net Income / Net Sales, to figure money made per item sold

Working Capital: Current Assets - Current Liabilities, how much cash firm is using

Debt to Equity: Total Liabilities / Equity, to figure how much of your worth is from debt

Connections Post III

Looking back on how our country was developed and comparing it to the new stage of production and technology there are obviously drastic changes. To be an entrepreneur or a businessman didn't demand as much as it does today. Being in this business class helped me recognize how diverse and technical the world of business is today. With complications like human resource management, distribution, and the whole marketing mix business today can seem intimidating and difficult to manage. The lectures and our discussions in class have given me perspective on all basic business subjects. With what I have learned I have already generated ideas, and put them to use. This class has made me realize what I am capable of.

Connections Post 3

This post is about productivity within my company recently we had only part time workers and only one delivery driver and one person in ther wearhouse to pull orders going out and recieve all incoming orders. Well this worked for awhile but then we started getting backed up in reciving and we had to hire another full time worker for either delivering and wearhose help. Since we have made this change we havent been backed up at all and our wearhouse looks better now than it ever has. It just shows that with two people running a big wearhouse and being productive throughout the day can keep up with everything and we didnt need the 2 extra people the manager thought we would need.

Conections Post 2

The company I work for has a nice breakroom setup where we have a big screen TV and a PS3 when we go on break we play madden and we also ahve a basketball goal where we will play pick up games. This is kinda like our company culture we have fun things to do when we go on break to were it isn't just work all day and it keeps us as workers happy and I think more productive.

Connetions Post 1

Recently my company i work for did our yearly inventory where we had to specificly count out each item in our wearhouse and see how our numbers matched to what our system showed we have in stock. This connects to class because it shows how well our company did in sales for the year and how much our net worth/loss was.