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Legal Factors affecting business

  What is Organizational Law?   They are the regulations and guidelines that must be established in every organization, they serve to regulate the behavior of the people who are part of the company. In this way, the organizational environment is harmonized thanks to the limits that are set with the organizational laws.   What does Employment Law refer to? It refers to the guidelines and rules that are stipulated so that the employees who work in a certain organization, adapt and control their behavior and comply with the responsibilities and obligations that are delegated to them, once they enter the organization. If there is non-compliance with these laws, there will be sanctions and bad consequences for those who do not comply and follow the guidelines. How are Consumer laws defined? Consumer law involves all of the regulations and statutes that implies to create an equitable balance for buyers in the marketplace, and also prevent sellers from ...

Introduction to Accounting

Why do you think accounting is seen as boring? Explain. I think that society has generalized and stigmatized the accounting career a lot, because the first impression that it gives us is precisely boredom. I think boredom is based on the fact that the processes to keep track of the finances of organizations are always the same, it is a system that cannot change because it could have many bad consequences, and also, the accounting career carries a burden. A lot of responsibility both financial, legal, fiscal, and even more, and being a lot of responsibility for a single position, people simply avoid getting involved in accounting issues. Which of the jobs mentioned would be most interesting for you? Give your reasons.   Personally, I think that the management accountant is the one that performs the most complex tasks, and implies a challenge, since it is the person who must deliver the final annual reports, in which all the numbers and figures of the compan...

Integrated Business Planning

What is “Integrated Business Planning” (IBP)? It’s a tool that today has greatly helped companies to coordinate efficiently and effectively the tasks that must be carried out in real time within the corporation. The different departments of the corporation work in a synchronized manner, with the objective of achieving multiple goals, and keeping specific and precise control of their demand, their market forecasts, inventories, and more activities. What is “Sales and Operations Planning” (S&OP)? It is a tool that, like the IBP, helps the departments of the companies to be more interconnected and communicated, so that there is a good flow of information within the processes and operations, both operational and administrative. It also helps to have better control of financial capital, as well as more precision in supply chains and logistics lines.   What are the similarities between IBP and S&OP? Mention and describe them. Both tools allow a better prof...

Information, Technology & Communication

What is Managing information within and outside the organization? Is the process that the business managers have to know about all the information technology. It implies the handle of new technologies, managing information for greatest productivity and a good communication with media. Also it is how to deal with the news media, manage corporate news, how to control public company crises, and more. What is the importance of it? Its importance lies in the good management of people and products. And as future business leaders we need to understand and manage the transitions in business operations. What are the new technologies that companies have to manage for communications purposes? Email, voicemail, internet, groupware & cd-rom databases, teleconferences, faxes and telexes. Describe the role of technological discoveries throughout history. With the development of fiber optics, local area networks, & satellite technology, tit facilitates the...

Marketing Strategies

  1 Offline vs. online marketing Study the following methods of marketing and complete the definitions below:   a company blog billboard advertising cold calling email marketing pay-per-click advertising search engine optimization (SEO) social media marketing viral marketing word of mouth   1.           Billboard advertising                  advertising your product on large, outdoor posters   2.        Pay-per-click sdvertising              an internet advertising model in which advertisers pay only when somebody clicks on their ad 3.   ...