It depends on what they are selling. A cashier in a department store should be able to help around sixteen people an hour. But, each type of store is different. It would depend on the product being sold. You need to find out how long it takes one service person to effectively help one customer. Use that to find out how many people per hour they help. So if they could help one person every fifteen minutes they could help four people an hour. If the busiest time is at 5:00 at night and there is around eight to nine customers you would need three service people.
It depends greatly on the product or service and the age of the company. If you were starting a new cell phone company, you would need many more sales people than customer service staff. As your business grew, your customer service staff would grow at a much faster rate than your sales force. Eventually, your sales force might actually shrink while customer service continued to grow along with your customer base. If you sold a low tech, low maintenance product such as coffee mugs, you would need relatively few customer service people. As the product increases in technology and life-span, you will need more customer service reps per customer. It would be better to look at a ratio of customers service people to customers; and, a ratiio of sales people to sales goals.
Large Companies Tend to drive their costs as low as possible, this includes the reduction in staff to customer ratio meaning that staff cannot spend time tending to each individual customer as much as smaller businesses because they have been given too many tasks to do to have the time to provide excellent customer service. Also because each indiviadual customer is not seen as such a loss to business as the company is thriving already customer service is not needed as much as say a local pub where every customer helps pay the bills. At the end of the day all companies are in it to make money and larger companies sacrafice their customer service to make more money, it's as simple as that.
Sales are the activities involved in providing products or services in return for money or other compensation. It is an act of completion of a commercial activity. The "deal is closed", means the customer has consented to the proposed product or service by making full or partial payment (as in case of installments) to the seller.Academically, selling is thought of as a part of marketing, however, the two disciplines are completely different. Sales often forms a separate grouping in a corporate structure, employing separate specialist operatives known as salespersons (singular: salesperson). Sales is considered by many to be a sort of persuading "art". Contrary to popular belief, the methodological approach of selling refers to a systematic process of repetitive and measurable milestones, by which a salesperson relates his offering of a product of service in return enabling the buyer to achieve his goal in an economic way. Marketing plays a very important part in sales. If the marketing department generates a potential customers list, it can be beneficial for sales. The marketing department's goal is to bring people to the sales team using promotional techniques such as advertising, sales promotion, publicity, and public relations. In most large corporations, the marketing department is structured in a similar fashion to the sales department and the managers of these teams must coordinate efforts in order to drive profits and business success. Driving more customers "through the door" gives the sales department a better chance by ratio of selling their product to the consumer. There may also be a downside to this phenomenon. Very often (for legal reasons, e.g. in non-store retailing) companies have to provide credit to customers. This may cause a conflict between the sales department on the one hand and the credit department on the other handThe main function of a sales department is attract and retain customers. Many moving parts are tied to this but the number one objective is to attract and retain customers. That said, sales activities need to been co-ordinated i.e., to meet the customer demand with appropriate supply. The next is to increase the sales volume considering a particular period of time. Then to find appropriate persons/ agencies to carry out the sales activities. To help marketing department in meeting the sales volume fore casted by then. To give motivation by appropriate means to the sales persons and to give appropriate training to them in carrying out the sales activities successfully.. they analyze the demands of markets. they study the consumer's psychology, study market fluctuations, prepare sale budgets, explore new markets and the process begins again - attract and retain customers.
The quantity of product(farm product) that is keep by the farmer and they do not sell this in the market is called market surplus ratio.
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Yes,Customer services promotes the customer confidence and increase the retention ratio of the customer at a large rate.
It depends greatly on the product or service and the age of the company. If you were starting a new cell phone company, you would need many more sales people than customer service staff. As your business grew, your customer service staff would grow at a much faster rate than your sales force. Eventually, your sales force might actually shrink while customer service continued to grow along with your customer base. If you sold a low tech, low maintenance product such as coffee mugs, you would need relatively few customer service people. As the product increases in technology and life-span, you will need more customer service reps per customer. It would be better to look at a ratio of customers service people to customers; and, a ratiio of sales people to sales goals.
The customer base is the group of customers and/or consumers that a business serves. In the most situations, a large part of this group is made up of repeat customers with a high ratio of purchase over time. These customers are the main source of consumer spending.
The answer depends on the purpose of the premises, For example, the ratio will be different in an office, a restaurant, a motorway service station or a supermarket.
Large Companies Tend to drive their costs as low as possible, this includes the reduction in staff to customer ratio meaning that staff cannot spend time tending to each individual customer as much as smaller businesses because they have been given too many tasks to do to have the time to provide excellent customer service. Also because each indiviadual customer is not seen as such a loss to business as the company is thriving already customer service is not needed as much as say a local pub where every customer helps pay the bills. At the end of the day all companies are in it to make money and larger companies sacrafice their customer service to make more money, it's as simple as that.
Debt Service Coverage Ratio = Interest payable on debt/Net Profit
The gear ratio was whatever the customer ordered back then, you could get anything from a 2.76 ratio to a 4.10 rear gear.
It’s a ratio among Net Operating Income and the debt service. It's used to determine profitability after paying debt service.
Debt Service Coverage Ratio
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Interbank deposits to total deposits is a financial ratio that measures the proportion of a bank's total deposits that are held as deposits from other banks. This ratio provides insight into the liquidity and funding structure of a bank, indicating how reliant it is on interbank funding compared to customer deposits. A higher ratio may suggest greater dependence on interbank lending, which can be a sign of vulnerability in times of financial stress. Conversely, a lower ratio indicates a stronger reliance on retail or commercial deposits from customers.
Cash and near cash/Customers deposit and other current liabilities