Entradas

Mostrando entradas de julio, 2021

Political, Legal, and Regulatory Issues Affecting Business Organizations

  Legal factors affecting business Student’s Name: María Guadalupe Medina Jasso NUA: 116492 INSTRUCTIONS : After reading the introductory paragraph below, write a definition of each of the aspect presented.   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 function because these factors may determine its success or failure. DEFINE IN DETAIL.   What is Organizational Law? ...

Basic Accounting

  Introduction to Accounting Student’s Name:  María Guadalupe Medina Jasso NUA: 116492 Answer these Questions in complete sentences Why do you think accounting is seen as boring? Explain. I think most people think accounting is boring because much of the work that accountants do is very routine, and generally people don't like numbers.   Which of the jobs mentioned would be most interesting for you? Give your reasons. I found the auditor as the most interested job for me , since their activities are not so routine and you can act as a police officer in the companies, you also help the companies to have a good management of their accounting   Why is it so important for accountants to be ethical? Explain in detail. Accountants must be ethical doing their work because if they break any of the established rules they could face serious consequences, not only for themselves but also for the company, it can generate losses and legal problems. Being e...

Integrated Business Planning

  INTEGRATED BUSINESS PLANNING (IBP)   Student’s Name: María Guadalupe Medina Jasso NUA: 116492   Answer the following study guide questions. What is “Integrated Business Planning” (IBP)? IBP is a business strategy that connects all the departments of the company that have to do with the financial performance of the company. If the strategy is used correctly it can help sales, balance supply and demand, even provide information to human resource managers on hiring and training.   What is “Sales and Operations Planning” (S&OP)? S&OP is a process that helps you provide better customer service, lower inventory, shorter lead times, more stable production rates, better control of overall business management, and a team-building mechanism across the organization top management. It is a process designed to maintain a balance between supply and demand.   What are the similarities between IBP and S&OP? Mention and describe them. In...

Information Technology & Comunication

  INFORMATION TECHNOLOGY & COMMUNICATION After watching the video, answer the following questions.     What is Managing information within and outside the organization?   Within Business managers now must know about information technology because is everyone business, new structures have to be set up.   Outside How to deal with the news media, how to create tools for managing corporate news and how to control public company crisis   What is the importance of it?   Information for greatest productivity, communications with the media, e-mail and internet will continue to grow   What are the new technologies that companies have to manage for communications purposes?   Private information service are another means for accessing business information, development of fiber optics, local areas networks, satellite technologies facilitate the growth of information technology.   Describe the role of techn...

Quality Management

  Task 1 Quality Management   María Guadalupe Medina Jasso     What is Quality Management? Quality management is the act of overseeing all activities and tasks that must be accomplished to maintain a desired level of excellence. This includes the determination of a quality policy, creating and implementing quality planning and assurance, and quality control and quality improvement.   What is the objective of Quality Management? One of the key goals of any quality management system is to improve quality of products or services your company provides. The objective of the system is to measure each component and achieve improvements. Product testing can measure accuracy and compliance with standards while functional testing can show whether the products meet customer expectations.   Which are the key components of Quality management? Describe in detail each one. Quality Planning Quality planning is the process for identifying which q...

Resource Management

Task 1 Resource Management study guide questions.   1.What is Resource Management?  Companies need many types of resources for their operation, resource management is a process where those resources are used efficiently and effectively, whether economic, human, etc. Resource management plan enables businesses to utilize the skilled workforce and improve profitability optimally.   2.Mention what is the importance of Resource Management in business.   ·         Minimize project resource costs significantly Resource managers can control costs by distributing key resources uniformly across all projects instead of a high priority project. ·         Improving effective/billable resource utilization Resource management software helps managers forecast the workforce’s utilization in advance. ·         Bridge the capacity vs. demand gap proactively Demand forecasting, a fu...

Human Resources - Management

  María Guadalupe Medina Jasso Task 1 Human Resources   Define Human resources. Human resources is used to describe both the people who work for a company or organization and the department responsible for managing all matters related to employees, who collectively represent one of the most valuable resources in any businesses or organization.   What is the role of human resources? Define in detail. Most experts agree on seven main roles that HRM plays in organizations. These are described in the following sections.     What is Capital? Capital includes all resources a company uses to generate revenue. Human resources or the people working in the organization are the most important resource. In your opinion, is human resources necessary? Explain.  Yes, I think that human resources is one of the most important areas of the company, since it is important to manage these human resources properly, avoiding conflicts between employees, ...