It is known that functional strategy involves strategic development of new products, marketing strategies, financial and legal strategies, information technologies and strategy of human resources. This strategy concentrates only on short-term and medium-term planning. It is restricted by functional responsibility of each organizational department. Many think that this strategy isn’t efficient and it is not able to organize the process of strategic management. Strategic business […]

Overview of the Case   Along with the changing business world, customers change as well, becoming more demanding and knowledgeable than before. The consumers of mass communication messages today are active and critical in the simple choices they make. As such, the mere purchase of everyday necessities has proved to be crucial in analyzing the consumer market at present. In turn, company management had shifted […]

For one business describe the different methods of oral and written communication used and describe, with examples, how it uses ICT to communicate and operate. Communication is a way of contacting another person by phone, email etc. For example, communicating to your boss via mobile or email is a form of communication. It could also mean transferring data via email. Communication is important because without […]

I. Agency (Chapter 1) A. Who is an Agent i. Agency Definition Agency is a fiduciary relationship which results from the manifestation of consent by one person to another that the other shall act on his behalf and subject to his control and consent by the other to so act. 1. Contractual relationship is not necessary, nor do either need to receive compensation 2. Agent […]

The international market is the primp situation for all companies, even though almost every organization experiences growth as time passes. The main goal of almost every big business Is to be able to reach the largest market and enable growth; the international market. There are many different things that International markets bring to an organization, advantage wise, for Instance a bigger brand name, international market […]

Unit 204 – Communicate in a business environment-Nvq level 2 in Business and Administration Why do you need to know the purpose of any communication you are sending and its Intended audience (1. 1, 1. 2) In what way does this affect the language you might use when producing written communication or information? (2. 3) The purpose of communication is for human us to be […]

Task 1: Research different functional areas, provide definitions of each of these functions: * Customer Servise Customer service is the provision of service to customers before, during and after a purchase. Customer service is a series of activities designed to enhance the level of customer satisfaction – that is, the feeling that a product or service has met the customer expectation. Its importance varies by […]

Business ethics relates to an individual’s or a work group’s decisions that society evaluates as right or wrong, whereas social responsibility Is a broader concept that concerns the Impact of the entire business’s actively on society. If there were a car wash In my neighborhood that decided to use blank-clad ladles to dry off cars as they leave to up their business, I personally would […]

A quorum of directors was present, and the meeting, having been duly convened, was ready to proceed with business. Report of the President Anthony Santos reviewed the agenda and welcomed everyone to the meeting. Next, Anthony discussed the current status of the company and Its progress. A number of questions were asked and extensive discussion ensued. Financial Review Grace Riviera provided a comprehensive update on […]

Overview of the specifics of local business culture can be put to the following. New Zealanders usually great each other with a handshake and the expressions like “Good morning” or “Good Afternoon”. Men must wait until a woman gives her hand first for a handshake. A smile and a meaningful (but not disturbing) eye-contact are also important elements of greeting procedure. In Maori business culture […]