My business communication class

  1.          What is Organizational Law? Are all the ways a business can be legally formed under state laws, the type of organization selected depends in many factors like the tax management, liability benefits, drawbacks, etc. 2.        What does Employment Law refer to? Refers to the rights, obligations, and responsibilities in an employer-employee relationship. For example, wages, workplace safety, discrimination, etc 3.        How are Consumer laws defined? These laws involve the regulations and statutes to create an equitable balance for buyers (consumers) in the marketplace, therefore sellers won ´ t use dishonest tactics like false advertising, an online scam, financial schemes, identity theft, unauthorized credit card charges. 4.        What is Securities Law? The government has security laws to ensure that companies who sell secur...

  Introduction to accounting Why do you think accounting is seen as boring? Explain. Because we all think that accounting involves numbers, adding, resting numbers and its most like a repetitive job.   Which of the jobs mentioned would be most interesting for you? Give your reasons.   I think I would like to be a government auditor, since they are dominated the police of the accounting world, I feel that their job is more interesting.   Why is it so important for accountants to be ethical? Explain in detail. Because they strategically process the money of the company, also ensuring the company to pay the less as possible of taxes and earn interests.

  INTEGRATED BUSINESS PLANNING (IBP)   1.      What is “Integrated Business Planning” (IBP)? For business functions, this method designs plans with the aim to grow and decrease costs. It’s a schedule of all the tasks per month, coordinating the business functions in order to work effective and efficiently building a one consensus plan, for them to complete multiple objectives. 2.      What is “Sales and Operations Planning” (S&OP)? It’s a process that plans monthly the operations of the supply chain and to improve production and sales 3.      What are the similarities between IBP and S&OP? Mention and describe them. The S&OP has a lot in common with the IBP, they both organize, analyze tasks to raise the performance of all the departments and the company overall. 4.      What are the differences between IBP and S&OP? Mention and describe them. The time is the dif...

  INFORMATION TECHNOLOGY & COMMUNICATION   What is Managing information within and outside the organization? Technology have been changing so rapidly, and the new system allows everybody to manage the information technology, so for organizations, they need to face all the changes in a business operation. Therefore, this problem becomes organizational, those who have a vast knowledge will success.   What is the importance of it? It´s important because it allows the company to manage their information for greatest productivity, communication with the outside.   What are the new technologies that companies have to manage for communications purposes? Email, internet   Describe the role of technological discoveries throughout history. 1900s telegraph and telephone 1960s computer technology (people with no expertise, huge computers) 1970s computer terminals were connected with mainframes (expensive, software developed) 1980s developm...

  Task 1 Quality Management   What is Quality Management? A product or service is of good quality if it fulfills the expectations and needs of the buyer, therefore quality management is the area of an organization that ensures that the products and services they offer achieve the quality level they want   What is the objective of Quality Management? For the organization, is to gain, expand their place in the market (national or international) by offering quality products (product reliability), but it doesn´t stops there. It also ensures a after-sales service for a higher customer satisfaction and consequently have a word-of-mouth-marketing.   Which are the key components of Quality management? ü   Quality control: Is about inspecting products to make sure they reach the quality standards and keep out the defecting products. Its disadvantages are when they have to do the inspecting, sampling, checking it becomes an expensive process for the busi...

  Task 1 Resource Management study guide questions.   1.        What is Resource Management? It´s the efficient and effective operation of the resources of any type in a business for it´s ideal use.   2.        Mention what is the importance of Resource Management in business. Resource management works in the interest of the business profitability and sustainability. ü   reducing its costs ü   looks for a suitable resource utilization ü   Anticipates the resource demand so they can design a plan to deal with the skill gaps ü   Facilitates the resources in a matrix organization ü   Keep track on their leaders’ performances so they can help to improve them   3.        What are the Concepts and Components of Resource Management? -         Resource scheduling: allocates resources to different pro...

  Task 1 Human Resources   Define Human resources. The department that is concerned about the hiring, administration, and training of employees   What is the role of human resources? Define in detail. -         Staffing : Involves the hiring process from posting a job to negotiating a salary package -         Development of workplace policies : to develop the verbiage of policies (add, change, write, and communicate the policy) -         Compensation and benefits administration : HR determines the compensation and benefits an employee receives for her/his work and make sure it´s comparable with what similar with what similar jobs are being paid (health benefits, bonuses, pay, vacations, etc.) -         Retention: Its concerned with keeping and motivating employees for them to stay in the company -   ...