QUESTION 1 What do you understand by the following terms in business communication: i. noise ii. feedback iii. grapevine iv. medium v. encoding vi. negotiation vii. conflict QUESTION 2 As a secretary of the Executive Committee on Salaries and Conditions of Service in a parastatal‚ produce minutes of a recent meeting of the committee to discuss among other routine matters: i) salaries for contract staff ii) bonuses benefits for all staff Q1 - ANSWER Communication can be
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Business‚ HR and Staffing Strategy shaping the Recruitment and Selection Process Organizations are combinations of financial physical and human resources. Human resources refer to the skill‚ knowledge‚ and ability of individuals‚ and their inspiration to apply them on the job (Fitz-enz‚ 2000). The workforce of an organization is the human resource team acquired‚ deployed‚ and retained in the pursuit of organizational results such as market share profitability and customer satisfaction (Bowen
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The Social Process Triangle Firms endeavoring to expand into foreign countries need to evaluate the country through both traditional quantitative means and also through a qualitative socioeconomic perspective. In his book‚ Borderless Business‚ Clarence Mann introduced the concept of the Social Process Triangle (SPT) to facilitate analysis of the “underlying dynamics of any society” (2006). According to Mann‚ those dynamics can be described as the interactions between culture‚ economy and politics
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Looking Fashionable on a Limited Budget Is it possible to look fashionable with a limited amount of money? Many women‚ especially college students and young adults‚ want to look stylish without emptying their bank account. This can be difficult to achieve because women want to be up to date with trends‚ but trends continuously change leaving them with little money. To help keep women from spending money on the next latest trend‚ they must know how to become fashionable while still able
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"Our great cities and our mighty buildings will avail us not if we lack spiritual strength to subdue mere objects to the higher purposes of humanity" (Harnsberger 14)‚ is what Lyndon B. Johnson had to say about materialism. He knew the value of money‚ and he realized the power and effect of money. Money can have many effects‚ however money cannot buy happiness. Many people disbelieve this fact‚ and many continue to try and actually buy articles that make them happy. In F. Scott Fitzgerald ’s The
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BUSINESS MANAGEMENT PROJECT: BASIC MANAGEMENT DECISION MAKING PROCESS TEACHER:ROBERT MACKENZIE Decision-making isanessentialaspectofmodernmanagement. This isafunction ofmanagement. Main task ofmanagementisareasonabledecision. Decision-making is a process of choosing a solution from available alternatives. The decision-makingisimportantbecauseitdeterminesbothmanagement actionandorganization. Adecisioncanbedefinedas"a choice made between alternative courses of action in a situation
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CPS process We used the CPS alongside the entrepreneurial development process to aide in the development of our product‚ and produce an innovative business idea. CPS let us break down and restructure our ideas to gain a new insight into its nature. Creativity is key for an innovative business idea‚ allowing for a truly entrepreneurial product. As a group we decided to use the six steps of the CPS process to develop our business plan; objective finding‚ fact finding‚ problem finding‚ idea finding
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Entrepreneurial Process HCS/567 September 16‚ 2013 Peter Albright Entrepreneurial Process Entrepreneurs are inclined to pursue a four-step method to realize their goals. The four steps include identifying opportunities‚ developing a plan‚ determining the resources needed‚ and lastly managing the newly developed enterprise (Hirsh‚ Peters‚ & Sheppard‚ 2005). A well-defined grasp of the risk-taking progression is very significant in knowing the steps of a company officer or measuring
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resources into goods or services which are known as outputs. Question 2 Outline how the transformation process differs for a manufacturing business and a service business. Manufacturing converts inputs into tangible products things that you can see and touch whereas service transformation converts inputs into intangible products things that you can’t see. Question 3 Outline the transformation process undertaken at your school. The knowledge of staff‚ expertise‚ skill sets‚ technology‚ convert that
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I. Discuss Process Costing‚ clearly bringing out its advantages and disadvantages. DEFINITION Costs are accumulated in costing systems. According to Glautier and Underdown (2001)‚ the development of costing systems reflects the manner in which accounting methods have been adapted to the needs of different forms of activity and technology‚ and also to the appearance of advanced manufacturing techniques that have been a feature of recent years. Cost accounting systems allow full product costs to
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