Mybusinessclassblog

  DEFINE IN DETAIL. What is Organizational Law? It can be said that organizational law is a process that does not end and is the set of techniques, tools and practices aimed at maintaining the correct functioning of a company, group or organization, making processes more dynamic and generating a favorable work environment. What does Employment Law refer to? It refers to the regulation of unemployment and encompasses all the rights together with the obligations that workers and employers have because where labor relations exist, there may be a large number of situations and there must be some law that regulates or controls them which is mentioned. How are Consumer laws defined? They are laws that basically what they do is protect the consumer either against goods or services that may be defective or commercial practices that are unfair and even misleading or even false publication and even fraud. What is Securities Law? This concept is intended to explain how it regulates the propor...

  Answer these Questions in complete sentences Why do you think accounting is seen as boring? Explain.  First of all, I think that getting bored within a study subject depends more on how much the person likes what they do, because it is not the same to do something that entertains you instead of doing something tedious. Now if I focus more on accounting from my perspective, I see that it can be boring because it tends to be or have very repetitive or cyclical processes that in each of them must do the same things to do accounts or prepare income statements. Obviously they not only do that, they have many other activities to do but that is the main thing and perhaps the most important part is the interpretation of the results produced. And, even more important to me, is to use those results, those interpretations to determine the future course of the business, whether they reinforce the actions that are taken as part of the business plan or change so that the vision continues ...

Answer the following study guide questions. What is “Integrated Business Planning” (IBP)? It is a type of procedure that is used to synchronize plans, whether commercial, financial or even also of the supply chain, forming a single administrative process to meet certain requirements of more modern supply chains. What is “Sales and Operations Planning” (S&OP)? They are tools that serve to improve the supply chain by studying its demand while relating the results to the objectives of all areas: sales and marketing, design, operations and finance. What are the similarities between IBP and S&OP? Mention and describe them. They make decisions and collect data for proper functioning in a supply chain. They create a demand-driven profitable supply response. Coordinan la toma de decisiones de la empresa y la red para crear valor. Balancing supply and demand in the end-to-end  supply chain. What are the differences between IBP and S&OP? Mention and describe them. Ownership and l...

What is Managing information within and outside the organization? The information system is a series of elements that interact to meet goals either collecting information to make decisions and also so that managers can have control of an organization. When it comes to the management of information within the organization, this is where the process in which main or very important data is collected takes place, such as before launching a product to know if it will be accepted by people. When it comes to information management outside the organization, it is about producing useful information either in documents or a type of report where a compilation of results is shown. What is the importance of it? It is important that the information that an organization requires to achieve a better operation has an appropriate use. Making the interest emphasized not only in the information and the way in which it intervenes in the processes, but also in the organization's resources that allow it...

  What is Quality Management? After listening to what is said in the videos about quality, I have given myself an idea to define that quality management is a set of processes in which a company or organization can plan and execute different activities in order to achieve a product or service that meets customer expectations and thus "satisfy" their needs and have the expected quality. What is the objective of Quality Management? Like many companies want to be number one and therefore have the least amount of competition possible within your market it seems to me that the main objective of a correct quality management is that the client ends up satisfied and comfortable with the product or that it acquires and even also that they know how to attend to the suggestions that the same clients can make to the different products that are offer. Which are the key components of Quality management? Describe in detail  each one. Organizations usually have certain disciplinary components...

  1.What is Resource Management?  After reading a bit of information and watching the video, I can say that resource management is a very important process since the planning and scheduling of your team's resources and activities is carried out in this process. You can even develop a business management plan that involves all specific resources, be they human, technical, etc; and activities that are necessary throughout the development of the project or any initiative. 2.Mention what is the importance of Resource Management in business. The management of resources within a business is very important as it allows a leader of a certain team to ensure that the other members of the team are safe with the amount of work they have to do and with the tools they need to do it. It has several important points such as:  Avoid unforeseen difficulties Measure effectiveness Provides a safety net Monitor and improve the organization's health index Improved effective use of resources 3....

  Define Human resources. Human resources are the set of workers, of employees, owned by an organization, a certain sector as well as an economy as a whole. Any natural person who has a link to an organization, sector or economy, is considered a human resource. In turn, within business administration, the concept refers to the management that the company carries out with its workers. From hiring to firing, it's the job of the human resources department. What is the role of human resources? Define in detail. The human resources department is the main person in charge of managing the organization's human resources, and is made up of a group of people who organize themselves in the company to achieve the following objectives: select and train the people that the company needs, provide workers with the necessary means so that they can carry out their work and try to make the worker satisfy their needs. What is Capital? Capital is the total physical and financial resources that an e...