Starting a new business, particularly in the early stages, is a big commitment. In making the leap into entrepreneurship, would-be entrepreneurs would do well to leverage their network of people — their family, friends and business associates — as a critical resource. Here are five favors that all new entrepreneurs should call in during the early stages of their startup journey. 1. Try out my prototype. Starting lean […]

This assignment cannot be completed without the effort and co-operation from our group members, Mood shaded, Mood Fakir, Rye polonium and Mood Fakery We also sincerely thank our lecturer of .NET 028, Madam Russian for the guidance and encouragement in finishing this assignment and also for teaching us in this course. Last but not least, we would like to express our gratitude to our friends […]

JP Morgan Chase (JPM hereafter) is a global leader in financial services in all senses of the term (A leader in global financial services, 2007). It is a symbol of global corporate success, and its moves are watched closely by the entire business world. Hence its policies with respect to Information Technology, outsourcing and back-sourcing are all matters of great interest to management observers and […]

1.Was the Whirlpool plant closing just another “business decision,” or did it carry with it social and ethical responsibilities and implications? Explain Whirlpool’s decision to close the manufacturing plant in Evansville, Indiana was a business decision the company made in response to poor sales. The decision most likely pleased shareholders but had social and ethical implications. The plant closure impacted the lives of an entire […]

Analyse their strategic choices with their options- why they made the choices that they did and recommendations. Has their strategic focus changed? Look for critical success factors, matches and mismatches. Identify any key areas that have affected Nike. Look at tools of analysis e. g. swot analysis, pestle, value chain, porter’s 5 forces, shareholder matrix, resource view, 4 p’s, BCG matrix. etc and others to […]

Types of information Complete the table (class discussion) MethodUses Verbal To communicate with staff. To discuss future developments. Inform everyone about new ideas at the meeting. Customer service Interviews Written To communicate internally and externally. On-Screen To show presentations. Multimedia Video meeting, skype. Web-based To promote business on the internet. Electronic forms of communicationUses Emails To inform everyone about staff meeting. Touch Screens To scan […]

The Internet has become an effective marketplace for most businesses today. Its many applications including communication, transaction and interaction resulted organisations putting up their websites to utilise such applications. Such applications of the internet led to the conceptualisation of the term e-business which has affected almost all areas of business. E-business can be simply defined as doing business electronically (Kalakota & Robinson, 2000) but it […]

Business travel is a crucial part of many jobs. For example, during my 10 years in sales, my weekly travels took me to more than a dozen countries and nearly every U.S. state. I traveled so often, in fact, that I was on a first-name basis with the parking attendant at my hometown airport garage. And while traveling to meet face-to-face with clients or colleagues […]

As technology is moving forward, so is business communication. In the old days, letters to customers or clients were hand-written, face-to-face meetings were held and telephone conversations took place. Business communication in today’s society is very different. The influence that technology has on business communication is unquestionable. This paper will explain business communication, business communication roles in day to day work activities, business communication trends […]

The name of my business changed this month. It wasn’t my idea. A company five states away, with a similar name, decided that their customers might be confused by my business. We both have brick-and-mortar businesses that perform anti-aging treatments, and we both serve a mostly local clientele. The names were similar, but not the same, and none of my customers were confused. But I […]