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Factors Affecting Business Essay

  Introduction Business organizations have become a very important engine in the field of the economy and of life for all of us, in recent years they have managed to position themselves as one of the largest producers that improve the quality of life of people. Like any commercial success, business organizations have their own conflicts that they must resolve little by little, otherwise they could affect their business relationships with their partners and consumers. The following essay seeks to know which are the main factors that affect business organizations. Development The first important point and which I consider to be the main factor that positively or negatively influences a company is the business environment , dynamic environments are important for consumers and employees. That is why it is important that companies have a positive business environment to always have better control with all factors. Business strategies can also be a factor in the development of the o
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Legal Factors Affecting Business

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  Legal factors affecting business Student’s Name:   Alejandro Sánchez Villanueva   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 a 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? It is the le
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Introduction to Accounting

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Why do you think accounting is seen as boring? Explain. I think that one of the reasons why it is considered boring is because it focuses a lot on repetitive tasks and this, for someone who does not have an accounting profession, can seem annoying or boring. Some persons also consider that accounting does not have a great impact on people's personal character. Which of the jobs mentioned would be most interesting for you? Give your reasons. The one that made me the most interesting was that of administrative accountant, since I think that it is one of the most important roles in any company, the one in charge of analyzing the financial statements, of the personnel as well as of the company. Why is it so important for accountants to be ethical? Explain in detail. First of all, professional ethics is something that we should all have, no matter what job or profession you have. I think it is important because accountants work with huge amounts of money and many other people depend on
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Activity Integrated Business Planning

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 INTEGRATED BUSINESS PLANNING (IBP) Student’S name: Alejandro Sánchez Villanueva Answer the following study guide questions. What is “Integrated Business Planning” (IBP)? Is a strategy for connecting the functions of each department in a organization to identify operations and strategy with the financial performance. What is “Sales and Operations Planning” (S&OP)? Is a process that helps us provide better customer service, lower inventory, shorter lead times, more stable production rates, better overall business management control, and an organization-wide team building mechanism for high direction. What are the similarities between IBP and S&OP? Mention and describe  them. While S&OP processes tend to support medium-term planning horizons that rarely extend beyond 18 months, IBP naturally has a longer time scale that readily aligns with long-term strategic planning, as well as supporting short- and medium-term operational requirements. What are the differences between IBP
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Activity 13 Business Communication and Business

 INFORMATION TECHNOLOGY & COMMUNICATION After watching the video, answer the following questions. What is Managing information withing and outside the organization? Information management (IG) is the conventional name of a set of processes by which the life cycle of information is controlled, from its acquisition (by creation or capture), to its final disposal (its filing or elimination). What is the importance of it? Information for greatest productivity, communications with the media, e-mail and internet will continue to grow in use. the organization can be summarized as follows: Communication promotes motivation by informing and clarifying the employees. What are the new technologies that companies have to manage for communications purposes? • Voicemail • Groupware • Teleconferences • Faxes • Laptop computers • Electronic spreadsheets • Word processing programs to gather information • E-mail • Internet • Telexes Describe the role of technological discoveries throughout history.
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Activity 12 Quality Management

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   Quality Management What is Quality Management? They are a set of actions and tools that aim to avoid possible errors or deviations in the production process and in the products or services obtained through it.   What is the objective of Quality Management? The main objective is to increase customer satisfaction through continuous improvement processes. that they can guarantee their ability to offer products and services that meet the demands of their customers, thanks to an international certification that gives them prestige and quality guarantees.   Which are the key components of Quality management? Describe in detail   each one. 1.     Leadership: To lead it is important to be clear about the path we are taking and where we want to go. 2.     Planning : It is very important to understand where we are and also to understand our arrival point very well. 3.     Support and Operation: This element refers to the way in which the organization decides to face th
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Activity 11 Resource Management

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  Task. Resource Management study guide questions 1.What is Resource Management?   Is the process of pre-planning, scheduling, and saving resources to maximize their effectiveness. Resource management as part of project management is about doing more with less.   2.Mention what is the importance of Resource Management in business. ·          Resource management focuses on optimization and efficiency . When you know what you need to make a project successful, you can efficiently plan the proper way to use those resources. ·          Use scarce resources effectively in a matrix organization. ·          Bridge the capacity vs Demand gap proactively. ·          Improving effective/billable resource utilization .   3.What are the Concepts and Components of Resource Management? Define them in detailed. 1.     Resource scheduling: It is the search for resources and information that need to be done during a specific period to carry out a task. 2.     Resource utiliza
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