Explain reasons for knowing the purpose of communication 1. 2 Explain reasons for knowing the audience to whom the communication Is being presented 1. 3 Describe different methods of communication 1. 4 Describe when to use different methods of communication 2. 1 Identify different sources of information that may be used when preparing written communication 2. 2 Describe the communication principles for using electronic forms […]

They say that to have a keen eye for business is a natural gift. You are born with it. But like any other things in this world, you have to nurture and develop this gift to optimize its potential. I grew up helping around in my father’s business. It is something that I love to do. To think of what I have done for the […]

Total Population With China’s 1.3 billion populations it would be a good market place for multinational companies that are searching for better potential market. The large population of China would potentially provide high sales and profits to multinational firms that would successfully penetrate the Chinese market. Age Structure Around 72 percent of China’s total population belongs to 15-64 age groups which would provide tremendous amount […]

Investigate the economic, social and global environment in which organisations operate CONTENTS (Lecture 3): Resource issues and types of economic system: basic economic problem, effective use of Resources; type of economic systems — command, free enterprise, mixed, including transitional economies, public and private sector initiatives; private finance initiatives. Business Environment : We can divide the types of Business Environment into following categories. External Environment : […]

Business Organisations simply mean a group of people working together as a team in a particular organisation by delivering products, goods and services to customer in exchange of profit. But, these organisation are influenced by many factors within the environment in which they operate and said to be the very dominant force in the shaping and moulding of the organisation. What do we mean by […]

The ability to think and plan for the future in a manner that is strategically advantageous for the firm requires many creative techniques. Even though some of these techniques may prove to have better and more obvious advantages, many strategists prefer to use all of them to gain different insights into the data presented to them. The variety of perspectives that these different techniques provide […]

According to (Walter, J. (2006), any business worthy its salt must carry out a business analysis audit before venturing into expansion plans. This often saves an organization time and resources which would be lost if the decision to expand or relocate business is not based on sound business practices. The case below analyses the business environment in Colombia, by addressing the political, cultural, economic, and […]

In a dynamic and competitive world of macro political power and interests, in which occupational groups gain and/or maintain professional standing based on the creation of legal boundaries that mark out the position of specific occupational groups –be they in accountancy and architecture or law and medicine. However, if this suggests that the process of professionalisation has differential socio-political dimensions, so too does the fact […]

With the rapid expansion of the Singapore Telecommunications Limited (SingTel) in overseas markets, a simple yet effective performance measurement system is needed to integrate the business units. The Balanced Scorecard (BSC) was designed from the Management’s perspective and recommended for the company to stay focused in their strategy. The interviews conducted reviewed that some of the key personnel welcomed a system that enable the divisions […]

Performance appraisals form one of the most important and effective systems of evaluating business human resources in the modern business environment. This has been the case due to its efficacy in improving the employees’ loyalty, general morale, and productivity which are very essential in deriving the necessary competitive advantage in the market place. Following the high dynamism that has been posted by the modern business […]