Saturday, December 24, 2011

Similarities In between organization and Psychology

Doing Chinese Business Based On Hofstede

Before doing any type of business in China one must get familiar with the Chinese business culture. This analysis provides a great deal of importance when making business deals. In China slow and steady wins the race for business deals. It is looked down upon if you frequently change business partners.

Doing Chinese Business Based On Hofstede


The Similarities Between Business Organizations and Psychology

Let's review some common psychology words, terms, phrases and their definitions; and apply them to business organizations.

Business Organization:

Psychology Term, Word, Phrase; + ;Definition:; ; Dysfunctional

Business Organization:

Psychology Term, Word, Phrase; +; Definition:; ; Procrastination

Business Organization:

Customers, clients and markets not having a good understanding of a business organization or lack of positive feelings toward it, is often referred to as lacking brand and lacking positive brand awareness.

Psychology Term, Word, Phrase; + ;Definition:; ; ; Identity Crisis

Business Organization:

Psychology Term, Word, Phrase; ;+; ;Definition:; ; Peer Group Influence

Business Organization:

It makes good business sense to hire staff and employees with the highest level of knowledge, skills and expertise.; This is what helps grow the business.

Psychology Term, Word, Phrase + Definition:; ; Ego Defense Mechanism

Business Organization:

Psychology Term, Word, Phrase; +; Definition:; ; Approach Avoidance

Business Organization:

Feeling that the business organization cannot grow, has low worth or value to the market and to customers and clients; and does not deserve staff and employees with high level of skills, knowledge and expertise that can help the organization to grow

Failing to be progressive and positive to grow the business

Psychology Term, Word, Phrase; + ;Definition:; Low Self-Esteem and Depression





















Low Self-Esteem:

Business Organization:

Psychology Term, Word, Phrase; +; Definition:; ; Anti Social

Business Organization:

Business Organization:

Business Organization:

Psychology Term, Word, Phrase; ;+; Definition: ; Manic, Manic Depression, Bi Polar

Business Organization:

Psychology Term, Word, Phrase; ;+; Definition: ; Schizophrenia

Business Organization:

Psychology Term, Word, Phrase; +; Definition:; ; Psychosis

Loss of contact in reality

Business Organization:

Business executives and managers that deliberately mislead, lie, cheat and steal to cause harm to others; customers, clients, employees, the business organization

Psychology Term, Word, Phrase +; Definition: ;

Grandiose sense of self

Business Organization:

Not making decisions, taking too long to make decisions or making bad decisions that causes a business to decline

Psychology Term, Word, Phrase; ;+; Definition: ; Poor Decision Making

Business Organization:

Psychology Term, Word, Phrase +; Definition: Self Defeating Personality Disorder

Business Organization:

Difficulty in recognizing, understanding and affectively resolving problems contributing to business decline

Psychology Term, Word, Phrase; +; Definition:; ; Problem Solving

Business Organization:

Psychology Term, Word, Phrase; +; Definition:; ; Needs Analysis

Business Organization:

All business organizations need to improve in all departments and functions; quality, efficiency, expand capabilities, increase team effort, eliminate wastes, eliminate needless efforts, computerize and automate, and increase knowledge and effectiveness

Psychology Term, Word, Phrase; + Definition: Self-Improvement and Self-Empowerment

Self-Improvement:

Self-Empowerment:

Definitions can range from psychological, sociological, business to philosophical

Such efforts help regain self-confidence, self-sufficiency and gain skills for such

Some business organizations have far more of these ailments than others.

To this extent, a professional business advisor and consultant can be an immense benefit to help business organizations navigate through the changes and improvements needed to get into better health and business growth.

You will see critical improvements that will help improve the business health and grow the business.

Like an individual with ailments, business organizations with ailments can get better and improve their business health.

Michael has 25 years of business experience in numerous markets with a variety of products and services.; Prior to his extensive business career, he was a behavioral health counselor.

His education includes a PhD in business, MBA, BS degrees in psychology and social human behavior, Federal International Business Certification, and over 34 other advanced certifications in; business management, business development, sales, marketing, marketing communications, customer service, product management and development,; training and business; strategy.

Friday, December 23, 2011

Business process outsourcing (commonly known as BPO) offers a lot of benefits for a company. Also, by using business process outsourcing we gain in organizing some key aspects of our business based on the service outsourced. By doing this we immediately gain business process speed.

Unfortunately there can be a downside to using business process outsourcing.

The Limitations and Benefits Gained From Business Process Outsourcing


For a clothing store business plan, readers will want to see experience in three separate areas: the clothing industry, management, and retail.If you, personally, don't have experience in each, show a plan for how you will recruit that experience, as investors will not be comfortable with your promises to "learn on the fly". Also remember that readers are not comparing the management experience your business brings to the clothing store against the average person. Clothing Industry ExperienceTo sell clothes, you need to show some clothing industry background. Show relevant management experience, especially the responsibility of hiring, training, evaluating and firing employees.

Wednesday, December 21, 2011

How To Be Productive In Organization: Know What Thy Consumers Want

Audience of Your Business Plan

Topic business planning is very popular nowadays. When you write your business plan doesn't forget that not only you can read it. If you need an investment capital the plan also will be for your potential investors.

Before you start writing this plan chose your audience.

In conclusion, before you start writing a business plan for your company, chose your audience, write down key points of the messages you want them to receive, and write one big business plan. Don't forget that business plan contains everything about your business: mission, business model, weaknesses and strengths, marketing strategies, portrait of your costumers, industry analysis.

Audience of Your Business Plan

Sunday, December 18, 2011

How to Prepare a Marketplace Analysis For a Company Plan

Employees for Your Vending Machine Business

Chances are you are going to want the people you hire for your vending machine business to possess some particular skills.

If you take your time for this entire process, you will be able to find some great employees to enhance your vending machine business.

It is a time consuming process to find good help out there, but it can help you to keep your vending machine business on track.

Employees for Your Vending Machine Business


One of the most important components of a business plan is the market analysis. The market analysis section of your business plan will help you understand the domain in which you plan to operate. The following information will help you prepare this critical piece of your business plan.Identify Target MarketsPreparing a market analysis begins with thinking about who your prospective customers are. Getting StartedIn your market analysis, it is important to be thorough and to describe your methodology for defining your target market. For example, if your concept is a local flower shop, your potential market might be anyone within an eight-mile radius. Now you must figure out how much of your potential market is also within your addressable market.

Saturday, December 17, 2011

What is the Difference Among Overnight Shipping and 2-three Home business Day Shipping

Decision Support System:

A Decision Support System is an integrated set of computer tools allowing a decision maker to interact directly with computer to retrieve information useful in making semi structured and unstructured decisions.

Decision making is a fundamental managerial activity.

Important aspects of the Decision Support System:

Rather, it should be a highly adaptive decision support generator that can easily be used by professionals to quickly design data support prototypes suited to each specific decision-making task.

5) The organizations need to access original data sometimes because efficiency is related to how well the original data is organized in the system; the Decision Support Generator should be able to interface with a true DBMS. 8) To facilitate formatting and manipulating displayed data, the decision support generator should ideally be able to interface with word processing software. Decision making characteristics in the Global Business Environment:

Managers and Decision Support System:

The need for types of information produced by decision support system has always been present. Decision support systems have become popular primarily because of their capability to fill this need. So in most of the organization, managers used the computer based Data processing applications. This leads to develop the decision support system in business world.

Informational and decision roles are supported by variety of information system, which make information available, assist in decision making and serve as means of communication.

Decision support system assists an entrepreneur in considering options, selecting one and planning for its implementation.

The manager is a problem solver, and the fundamental activity in problem solving is decision making.

Decision support system in the organizational environment:

4) Support various stages of the decision making process.

8) Support group decision making particularly through group DSS (GDSS).

With in the past several years, `computers have been used increasingly in areas of financial management, production analysis, short-term planning and geographical analysis.Today's business worlds, Computers are used for decision making process as a Decision support system. Decision Support System is types of management information system whose principal objective is to support a human decision maker during the process of arriving at decision. DSS primarily support for strategic, tactical and operational planning.

Reference: 1) "Management Information System" by Viladimir Zwass 2) "The nature of Organizational Decision Making and the Design of Decision Support System" by George .P Huber. 3) "Introduction to Business Data Processing" by Lawrence S. Orillia 4) "Management Information System" by James O. Hicks JR

Role of Decision Support System For Decision-Making Process in Global Business Environment


The two most commonly used to get packages to their destination quickly is overnight and 2- 3 day business shipping.Both services cost a bit more than regular shipping and are available to commercial entities and corporations.

Thursday, December 15, 2011

Organization Analysis Techniques

Location, location, location. Running a thriving bakery business requires a steady stream of regular customers. Equipment. The quality of your bakery goods can make or break your business. A bakery business relies on a high turnover to make a profit, so it's important you research your market demographic to assess what type of bakery goods are likely to sell well. Staff.

Bread Bakery - 10 Tips on How to Start a Bakery Business


The questionnaire

The questionnaire regarding the rating on teacher's performance has various demerits due to improper planning and development, a good questionnaire should have clear questions and at the same time avoid leading questions, and the scale of the questionnaire should also be properly explained and laid out.

The research questions are qualitative in nature, the scales of the questions should be well defined and explained, this is not the case with our research questions, for question 18, 19 and 20 the scale of the responses is not clearly given and that the scale is not complete, this is a major draw back to the questionnaire and there is need to give a scale that rates the numbers 1,2,3,4 and 5 like the other questions.

The questionnaire does not include questions that cross check the viability of respondents, these questions are put in place in a questionnaire to check whether the respondent is lying about certain issues, these questions help to check whether a respondent is lying and therefore in our case we have no such questions which check the viability of the responses.

The questionnaire at hand is not of the best quality and there is need to rectify the various mistakes in the questionnaire, first the questions should be arranged in a logical manner whereby the simple question come first and then followed by complex questions, there is also a need to group questions that ask questions that give information on the same field of research.

Wednesday, December 14, 2011

SWOT Analysis- To Make Your Business A great deal more Profitable

Business Ethics and Social Responsibility Generally speaking, business ethics is a normative discipline, whereby particular ethical standards are advocated and then applied.

Business ethics should be distinguished from the philosophy of business, the branch of philosophy that deals with the philosophical, political, and ethical underpinnings of business and economics. Business ethics operates on the premise, for example, that the ethical operation of a private business is possible -- those who dispute that premise, such as libertarian socialists, (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper.

Business ethics is also related to political economy, which is economic analysis from political and historical perspectives.

Business Ethics and Social Responsibility


SWOT Analysis is a well-known method for describing a business or business propositions in terms of those factors that can have the maximum impact. The business owner does this analysis in order to improve the current position of the business. The Strengths and Weaknesses of the business are considered to be the internal aspects of a business, such as the quality of the product or the managerial skills. The strengths and weaknesses of a business can be found in the following: . Sales: The strength of sales, how dependent your sales are on external factors, and cyclical sales are some of the factors that affect the business. . Financial: The factors affecting the financial condition of your business determine its strengths and weaknesses.

Monday, December 12, 2011

How firms Ending Small business relationships with the hard or dysfunctional client

Writing Your New Restaurant Business Plan

Having a thorough and all inclusive restaurant business plan is the first step toward increasing your chances of success in this rather competitive industry. As soon as you've decided to open a new restaurant, your next course of action should be writing a restaurant business plan, which is basically a document that you compile based on research you've done regarding the restaurant industry.

You should also mention your company's values and basic philosophies regarding customer service as well as employee matters.

The third section of your restaurant business plan should be entitled "Goals" in which you would list in greater detail than in the mission statement about how you plan on progressing and succeeding in the business.

"Start-up Costs" are another vital section of a restaurant business plan and this section should list all of the expenses you need to get the restaurant fully running and able to accommodate paying customers.

Writing Your New Restaurant Business Plan


This article is to describe how to relationship end -due to lack of customer profitability.

The usage of customer valuation techniques and the preponderance of unprofitable customer relationships, and to identify various ways of managing unprofitable customer relationships by means of bunch analysis.

End the relationship one of the customer,

However gracefully exiting a relationship may not be easy, customers may end up feeling disappointed, confused or hurt if a firm attempts to terminate the relationship,

Should firm's combustion their customers?

(1) What do suppliers know about the profitability of their customer relationships?

(2) How many unprofitable customer relationships do suppliers have in their customer portfolios?

Is lacking profitability a common phenomenon among business-to-business suppliers?

(3) What is the suppliers' view of relationship marketing and dissolving unprofitable relationships?

Especially noteworthy is the low awareness concerning customer lifetime valuation. Although there is an intense discussion on lifetime measurement in academia, business-to-business firms managers in charge of handling customer relationships in the industry investigated are, to a large extent, not even aware of it.

Sunday, December 11, 2011

The Economic Atmosphere of Home business

What Is the Best Choice for Your Small Business Website Design: A Web Design Firm Or Do It Yourself?
  • "The last website I had done for just X dollars"

  • Show me your portfolio.

  • Are you full-service? Discuss all your services.

  • Go over the short-term goals of the project.

  • Go over the long-term goals of the project.

  • Discuss pricing, and options.

  • Milk products are generally purchased by all households, however liquid milk accounts for the largest share of this market.

    Other market drivers for these milk products are the increased variety of products including flavoured milk, and also the increased advertising efforts by companies. MAIN COMPANIES INVOLVED IN PRODUCTION OF MILK PRODUCTS AND THEIR MARKET SHARES

    Milk and milk products producing firms assume an oligopoly market structure where there are restrictions or barriers to entry, these barriers to entry are associated with health issues and also the prevention of unhealthy competition, market prices are causing these firms to shut down and also the farmers are under pressure in the production of milk to these prices.

    PRICING FEATURES OF MILK AND MILK PRODUCTS

    OIL PRICES BETWEEN AUGUST 2003 AND AUGUST 2006

    Due to the decreased level of supply, the supply curve will shift upwards from supply curve one to supply curve two as shown in the diagram, also bearing in mind that oil has no close substitute the demand for oil is inelastic and therefore the demand for oil does not decrease in this case.

    IMPACT OF THE CHANGE IN OIL PRICES SINCE 2003 ON FIRMS THAT PRODUCE MILK AND MILK PRODUCTS

    The rise in oil prices since 2003 has caused an increase in the cost of production of milk and milk products, a rise in oil prices is always inflationary and therefore due to the fact that in one way or another oil products are used in the processing and production of milk products then we expect that the cost of production of milk products.

    A rise in the price of petroleum products will always be inflation ally and will cause a rise in prices in almost all the products in an economy.

    Keynote publications (2006) Market Reports- Milk ; Dairy Products Market Report, retrieved on 16th February

    Research and markets (2003) Milk and Dairy Products Market Report retrieved on 15th February

    Oil prices between the year 2003 to 2006 (2006) retrieved on 15th February

    Friday, December 9, 2011

    Expense Per Acquisition (CPA) marketing and advertising and your company net funds online chance

    Importance of Marketing in Business

    Marketing plays a vital role in business. Without marketing people won't know about your company or the products and services that you have to offer, and this translates to poor sales. For any business to succeed it needs a very effective marketing plan.

    One cannot downplay the role that marketing plays in business. The advertising business is quite lucrative if you do your thing right.

    Importance of Marketing in Business


    Online advertising is the use of the internet to acquire customers through online ads, banner ads social networking and email marketing.; It is another way to accumulate money using your business internet money online opportunity.; The advantages of online advertising are the ability to immediately publish information and its efficiency in using advertisement dollars.; Cost Per Action or CPA marketing is a great technique that uses online advertising.How do you implement on-line advertising to work for your business internet money online opportunity?1.

    Wednesday, December 7, 2011

    Small business Organizing and Control

    Need to Write a Restaurant Business Plan Sample? Here's What You Need to Include

    If you're about to open up a restaurant then you need to have a restaurant business plan properly written. While writing this part of your plan you should include: the company's mission, the management teams and key personnel, services (more in depth), a company history, guarantees and warranties you'll offer, and your business structure.

    The third part of the business plan is arguably the most important. This part should include: economic and social factors, competitive environment, long-term opportunities, geographic area, customer description, target customers, market definition, market opportunities, competitive analysis, competitive advantages, competitive positions, and potential future competition.

    The fourth topic you need to address while writing your restaurant business plan is your business strategy.

    If you plan to open a restaurant then you need to have a restaurant business plan properly done. Your plan should include the broad topics of Executive Summary, History and Position to Date, Market Research, Business Strategy, and Operations.

    Need to Write a Restaurant Business Plan Sample? The economic environment will impact the business, the foundations must be secure to ensure survival.

    Thursday, December 1, 2011

    COFFEE SHOP Company Strategy:


  • It is necessary that your coffee shop business plan attract investors and lenders.

    Below is sample business plan for a coffee shop:

    Business Plan for the Period

    Business Overview

    Business history: Taste blender is a new coffee shop, located in Old Town.

    Vision and Mission Statement: Taste blender is the first coffee shop in Old town.

    • Introduce homemade cookies, brownies and cakes.
    • Renovate our space in Old Town.
    • Create cozy and friendly environment.




















    • Taste Blender will offer high quality coffee, tea, cappuccino and frozen cappuccino at a very reasonable price.
    • Begin building renovation 12/08

    • Complete renovation 2/15/08

    • Begin preliminary advertising 2/15/08

    • Purchase and setup equipment 2/15/08

    • Open for business 3/1/08
    Conclude your entire coffee shop business plan, read and proofread your business plan in order to get error free draft.

  • Tuesday, November 29, 2011

    Small business negotiations

    The most important starting point to determine your capacity to run a massage business is through a business plan for massage therapy.

    Your business plan is crucial if you want to have a loan approved, if you want to convince a potential business partner or if you want to get sponsored support. A plan will tell the people who can help your business why it will pay to help you get your business on its feet.

    The Basic Business Plan

    Regardless of what business you're planning, a basic plan for massage clinic is still the same as any other basic business plan. If you stick to the basic parts, you can have a comprehensive plan that is only 7-10 sections long.

    A business plan for massage therapy can start with your vision, mission, goals and objectives.

    A business plan for massage therapy clinic should also delve into technical aspects of the business. Taking a massage therapy course will help. Your massage school then is your first major reputable source of information on how to come up with a good business plan for massage therapy.

    Making Your Own Business Plan For a Massage Therapy Clinic


    If you need time to think, or make calculations, or consult others, then take it. It's humiliating, and sometimes catastrophic, if you agree a deal but find you have to re-start the negotiations because some element of the deal got lost along the way. Remember the old saying; "If it's not written down, it didn't happen."If your company is in Jakarta, Aim can also incorporate negotiating skills into your tailor-made programme.

    Monday, November 21, 2011

    How Effective can Financial Performance Analysis be?

    How Effective can Financial Performance Analysis be?

    With heightened competition, marketplace concentration and regulation, British Telecom (BT) has employed a number of tactics to sustain profitability, industry share and overall monetary performance. As leaders of information-communications and worldwide ventures, BT have been contracting part of their operations, services and transferring responsibility to specialist branches, thereby achieving financial efficiency.

    Manoj Kumar, a supply chain consultant claimed, "Most of the outsourcing that is happening has been triggered by price, and if you want to reduce cost, it's primarily going offshore" (www.industryweek.com). For example, in India the IT workforce is estimated to rise to 2.2 million worker by 2008 from a mere 280,000 right now (McKinsey Report, Ethicalcorp Magazine, ). BT have been fortunate to benefit from economies of scale in terms of purchasing, economic, advertising, technical and managerial improvements.

    Reducing expenses simultaneously decrease risks helping to free of charge economic resources. Rather of tying up resources in non-core areas they can be contracted at operational expenses. Contracting portion of BTs services has been a viable choice rather than constructing functions from scratch. In doing so, BT have increased their customer base and re-attracted buyers who left in the 1st location due to inherent inefficiencies. BT have benefited from 25% enhance in its most recent financial quarter (www.cbronline.com/write-up_news).

    Likewise, numerous banking services from Barclays to HSBC as well as I.T. companies which includes Microsoft have followed the identical suit indicating a rising industry trend. In 2005, BT derived 91% of its income in the UK by offering communication solutions for houses and home business helped by rising demand for broadband world-wide-web services. Monetary statistics reveal: profits up by 32% in 2005 - a clear indication of improved marketplace efficiency. In the Global market BT have knowledgeable immense growth and promises to continue ‘develop[ing) our acquisition method, invest in our folks, our expertise and our global capabilities and unlock the value of our acquisitions and partnerships’. BT remains one of the market leaders in telecommunications. It began its journey as a state-owned enterprise. Following its privatisation in the 1990s shows a gradual shift in restructuring operations and management in achieving economic efficiency thereby improving financial profitability and performance with an entrepreneurial flair. It seems that BT have identified their ground transforming its unstable efficiency to an innovative and booming market place performer.

    References:

    BT’s quarterly newsletter for business analysts, Concern four, June 2006

    McKinsey Report Ethicalcorp Magazine,

    Papers For You (2006) " P/F/461. Operating and Financial Assessment", Accessible from http://www.coursework4you.co.uk/sprtfina45.htm [22/06/2006]

    Papers For You (2006) "P/F/455. Report on company and monetary efficiency of BT", Obtainable from Papers4you.com [21/06/2006]

    [http://www.cbronline.com/post_new]

    [http://www.industryweek.com/ReadArticle]

    Friday, November 18, 2011

    Business Plan 101 - The Financial Section

    Business Plan 101 - The Financial Section

    No part of the company strategy is significantly more vital than the financial section. It is here that the strategy can fail if the demands of funders are not taken into account. The financials should contain the following important details:

    Monetary Summary

    A simple, five year economic summary should certainly show the expected growth in revenues and profit over the years, as well as expenditures (yes, expenses do have to rise to permit for elevated revenues). This form of summary can go further by showing some non-financial markers of achievement, such as the number of full-time employees, number of places, number of goods sold in a year, and number of customers. Readers will appear to see that the growth described in this summary appears attainable from the market place chance and size given as properly as the strength of the marketing and operations plans and the management's indicates to execute them.

    Sources and Makes use of of Funds

    Within the financial section there will need to be particulars on the funding requirement for the organization and who the funders will be. If any funding is secured already, this is undoubtedly facts to mention. Still, if all funding is nonetheless uncertain, this section will need to at least describe the type of funders that are becoming targeted. The makes use of of the funds will need to then be detailed, showing what the pre-launch startup costs will be as properly as the requires for further operating capital going forward.

    Pro Forma Monetary Statements

    Lastly, a full set of pro forma (projected) monetary statements must be included in the appendices of the organization plan. These monetary statements ought to be absolutely consistent with the monetary summary and sources and makes use of of funds described earlier. The statements include the income statement (sometimes called the profit and loss statement or P & L), balance sheet, and cash flow statement. Commonly, much more detail is given for the initially 3 years by showing quarterly outcomes. Further statements must then show annual results for the first five years.

    The income statement shows the revenues and expenditures (grouped into proper categories), and the profit or loss for each and every period. The balance sheet shows the breakdown of assets, liabilities and owner's equity in the business enterprise at given points of time. The cash flow statement shows the cash inflows and outflows from standard operations, investment in the business, and financing from lenders and investors. The assistance of an accountant or company plan consultant familiar with drafting these statements is advised to make confident that you get them correct.