Business Communication Class

 Business Communication Legal factors affecting business Actividad 15 When business companies operate, they expect to face different internal and external factors that can affect their organizational operativity. Among all these factors, legal ones might greatly influence business organizations and affect how different companies operate. There are several legal factors that affect businesses in many forms, including laws and regulations on taxation, employment, contract, securities, immigration, and many more. The law affects the way businesses operate. That is the reason why any business should have a clear understanding and knowledge of the legal environment in which business organizations have a function because these factors may determine its success or failure.  DEFINE IN DETAIL.    What is Organizational Law? Organizational law comprising the bodies of law that govern standard legal entities. This means that companies need to operate under their standards and conditions.    What

 Business Communication Actividad 14 Basic Accounting Why do Do you think accounting is seen as boring? Explain.   I think that it is because the image of an accountant is behind a desk, dealing with numbers, and data; working on it 24/7 for someone else. But especially because of the tons of numbers and information that they work with.    Which of the jobs mentioned would be most interesting for you? Give your reasons.   “Save the company money by minimizing the tax payable and delaying payments” It is one of the most interesting ones for me, I would like to be working with a group of accountants looking for the best of a company.    Why is it so important for accountants to be ethical? Explain in detail.  Because of the legal problems they can bring if they don’t respect their clients, they need to be respectful with their information and also be discreet. Is understandable that maybe their clients don’t what their financial information going around. 

 Business Communication   IBP VS S&OP Actividad 13 What is “Integrated Business Planning” (IBP)? I really like this topic because I already heard about it before in one of my classes, I can define it as software that incorporates financial and operational data from an organization; It helps to maximize processes linking strategic plans with sales, operational, and financial plans and it helps to effective decision making.    What is “Sales and Operations Planning” (S&OP)? It is a part of supply chain planning, which is used in the creation of a unified, consensus-based business plan. It draws input from an organization’s key functional areas, including sales, marketing, manufacturing, distribution, and finance.    What are the similarities between IBP and S&OP? Mention and describe them. S&OP and IBP processes have many parallels. They both need supporting data, they help align forecasts with capability and they guide senior management in their planning decisions.   Wh

 Business Communication Actividad 12  What is Managing information within and outside the organization? What is the importance of it?  Business managers now must know about information technology. Beginning technical specialists handled all necessary details.  With changes brought by computers.  Information technology is everyone’s business.  You will need to manage the transitions facing in business operations.  The new structure must be set up to manage information in the world. Communication creates motivation inside the company.  What are the new technologies that companies have to manage for communications purposes?   E-mail Voice mail Internet Groupware CD-ROM Teleconferences Faxes Telexes Describe the role of technological discoveries throughout history .  It helps companies to save time, and saving time is equal to save money so it is a great advantage.  What is the importance of technologies in the globalized business world?

 Business Communication Actividad 11 What is Quality Management? I saw the videos, and I also read a few definitions to build my own concept of Quality Management. And I could see it as a formalized system that supervises and documents processes, procedures, and responsibilities for achieving quality policies and objectives. Looking to coordinate and direct the activities inside a company.  What is the objective of Quality Management? I think that the most important part of Quality Management is the fact that it helps companies to create a reputation and after that, they can create an advantage over their competitors. Quality will always be a must, but also a plus.   Which are the key components of Quality management? Describe in detail each one. Quality Control: Based on the inspection, takes defects out. It helps to give the perfect product, and avoid defects and returns.  Quality assurance: Based on processes, builds qu

  Business Communication.  Resources Management Actividad 10. 1.What is Resource Management?   As I understand, Resource management is a process where we need to use various types of business resources; the resources could be human resources (This is important because we can understand the fact that human resources are a tool used in resource management) , facilities or equipment, and some more.  We need to planning, scheduling, the available resources using them optimally serching to improve profitability.  2.Mention what is the importance of Resource Management in business.  The important part of human resources in business is the fact that it helps us to improve business’s profitability and sustainability and also it helps us to:  Minimize project resource costs significantly Improving effective/billable resource utilization Bridge the capacity vs. demand gap proactively Use scarce resources effectively in a matrix organization Monitor and improve

 Business Communication. Human Resources. Actividad 9 Define Human resources: Is a department responsible for managing everything related to employees, because employees are the most powerful and valuable resources in a business organization.  What is the role of human resources? Define in detail.  The primary responsibilities associated with human resource management include: job analysis and staffing, organization and utilization of workforce, measurement and appraisal of workforce performance, implementation of reward systems for employees, professional development of workers, and maintenance of workforce. What is Capital? Is the collective value of the capabilities, knowledge, skills, life experiences, and motivation of an organizational workforce. Sometimes human capital is called intellectual capital to reflect the thinking, knowledge, creativity, and decision-making that people in organizations contribute. In your opinion, is human resources necessary? Explain.    For sure, Hum

 Business Communication. Administration and Management.  Actividad 8B. Management vs Administration: What are the key differences between management and administration? Explain each of them in detail .  Before talking about the difference between them I would like to share an important idea that the video explained.  Without management, there is no organization.  Without administration, there is no management.  Extent difference: Management is exacting the discharge of policies, and administration is exchanging the assurance of primary policies and objectives.  Working area: Management is a low and mid-ranked function, it works for the low, medium, and top levels organizational needs of an enterprise. But the administration is a high-ranked function; it entirely manages the overall management activities and demands of a company with proper planning and organizational resources.  Authority: Decisions of the management are controlled by goals and polic

  Business Communication Administration and Management  Actividad 8. Provide a definition of administration: The process of running an organization, office, or business. This includes creating rules and regulations, making decisions, management of operations, creating organization of staff/employees/people to direct activities towards achieving a common goal or objective. Concepts of Administration: ·          Planning means choosing the best out of various alternative objectives, processes, policies, and programs. ·          Involves implementation of the policies, procedures, rules, and regulations as setting up by the management. ·          D. Waldo says “Administration is a type of cooperative human effort that has a high degree of rationality.” ·          Brooks Adams says “Administration is the capacity of coordinating many and often conflicting social energies in a single organism, so adroitly that they shall operate as a unity.” ·          Pfeiffer says “Administration is the