The Importance of a Business Plan Essay
How To Start A Business Essay
Essay about A Good Business
Introduction to Business Essay
An Essay On Business Trip
Essay about Business Administration
Business Experience Essay
Essay on International Business
An Introduction to Business Essay
Reflective Essay On Business Writing
Starting and Running a Business Essay
Essay On Business Writing
Essay on Business Decision Making
Reflection Of Business Writing
Essay about Business Culture
Essay about Business Challenges
Business Report Essay
Business Writing
Essay On How To Promote Your Business
Essay about My Business Idea
1. The Importance of a Business Plan Essay
When it comes to starting a business it is important to have Business Plan. The value of a business
plan is important in the startup of an organization. The value of proper business plan in an
organization can determine if the organization will withstand over of time or for years to come for
that matter. In implementing a proper business plan, proper planning in it self is important and
valuable to the process.
Planning helps in ensuring that the organization can withstand and remain as an essential asset to
the needs of the community and helps in providing an impact on the city tax base. A valuable
business plan can also allow the company to look at ahead at its projected profits and loss to be
able to give their shareholders the return...show more content...
Short–range planning is for the company to have goals that will be rewarding and easy to obtain.
Long–range planning for the most part seems to be more difficult to adjust and is often times less
rewarding. When external environments are frequently changing management with staff need to ask
how to develop plan of actions that will remain relevant. Planning should be no less important in
such a forever evolving environment it needs to be more important.
Businesses that operate to just make profit normally operate without ethics. When a business is
not held to standards of accountability it would be as to have another Enron or a Bernie Maddoff
situation. Sociologist Raymond Baumhart wanted to know from business people what ethics
meant to them and some of the replies were "Ethics has to do with what my feelings tell me is
right or wrong." "Ethics has to do with my religious beliefs." "Being ethical is doing what the law
requires." "Ethics consists of the standards of behavior our society accepts."
Lack of proper marketing in a business is one of the main reasons a lot of businesses have not
succeeded. Strategy planning determines whether one will live or die or whether they fail or
succeed. Marketing strategy is a process that should allow any organization or business to focus its
limited funds or resources on
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2. How To Start A Business Essay
In this report, I will discuss what it takes to own your own business and what factors go into it.
My overall dream some day is to own my own business and with this comes a great deal of
responsibility. I will help you understand what you can to do to become a successful business owner.
Finding a consistent well paying job has been getting harder and harder in recent years. A number of
new and great business opportunities are available to the public. These opportunities only cash in if
you run a well rounded business plan. Anything from wholesaling vehicles to owning your own
pizza parlor are great starts in business. Although, owning and operating a business is a great burden
on a person, it can turn out to be very profitable.
While...show more content...
With all of these challenges their come failure at the job as well, which can lead to disciplinary
action, arguments, transfers, dismissals, or legal actions. So are you ready to own your own
business yet? Not quite! Some things you really need to remember.
Say goodbye to a reliable and predictable income. No job is 100% secure and there is a good
argument that being in control of your income via your own small business is more secure than a job
however it doesn't feel like that, especially when you start out. You can have great months and bad
months and the only constant is unpredictability. Many business owners don't know that they will
never make real money until they sell their business.
Unfortunately many business owners often don't make much more than an average salary, even
sometimes less. Many business owners don't make a big windfall until they sell their business and
often by the time they are making the sale they will be using the money for retirement. Although it is
also true that the only way to become really wealthy, besides inheritance and lotto, is by starting your
own business.
The reality is that only a small percentage of businesses make their owner really wealthy, the rest
stumble along earning an average wage. Of course many of those owners earning an average wage
love their lifestyle and only wok as hard as they want to. Running your own business has the greatest
potential to make you rich and my never make you rich,
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3. Essay about A Good Business
A Good Business What the characteristics of a good business looks like?
The basic element of a good business is derived from good management. It is true since business is
run by individuals known as managers that perform specific business functions, such as
manufacturing and production, finance and accounting, sales and marketing, and human resource
departments. Identifying a good business is not an easy job; an understanding of Managerial
Economics is needed because it provides some tools, techniques of analysis and Economic concepts
to make good managerial decisions. The purpose of this paper is to identify some characteristics of a
good business and list names of the companies having these certain characteristics.
Most of...show more content...
When a firm's sales reach its peak, it works as a signal that new firms start to enter the markets and
the firm's sales and profit will start to decline. In this case, the role of management is very essential.
The firm has to manage its expansion plan, such as launch new products and entrance a new market
in order to compete with its competitors.
The most common and useful measurement of a good business is by calculating its profit through
return on stockholder's equity (ROE). ROE shows how much return that stockholders have earned
on the capital that have been invested by stockholders into a business. Net Income ROE =
________________ Stockholder's Equity
High rates of return on stockholder's equity indicate a good business performance and also high
growth rate of sales.
Besides steady growth of sales and high rates of return on equity, a good business must also have
strong brand equity. It is important for a firm to create an image of its products on buyer's mind so
that buyers become loyal to the firm's brand. Strong brand equity also generates higher profit since
consumers want to pay more because of the reputation that the product have; moreover, it works as a
powerful defense against new
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4. Introduction to Business Essay
Introduction to Business
Business plays a major role within our society. It is a creative and competitive activity that
continuously contributes to the shaping of our society.
By satisfying the needs and wants people cannot satisfy themselves, businesses improve the quality
of life for people and create a higher standard of living.
It is a way for individuals to provide goods and services to consumers, and at the same time,
produce a profit for themselves. Businesses are not only important because they provide goods and
services for consumers, but they also improve the economy and increase jobs for people within
society which is an additional fact producing a higher standard of living. To measure our societies
standard of living,...show more content...
Cultures surrounding businesses also play a major role. Abusiness must adapt to a changing society
with age, lifestyle, culture and location. When a business learns to adapt to these changes, it will be
profitable for both the business and consumers. Economic systems can be classified into three
categories. These include capitalism, socialism and communism. Pure capitalism is an unrestrained
freedom to buy, sell and compete. Private enterprises allow entrepreneurs to run businesses without
central government control and can operate within a free market. Capitalism is a system of true
private enterprise. Some aspects of capitalism are free choice, private ownership, private profit and
free competition. The only drawback of this type of system is that a company can operate with no
competition thereby creating a monopoly unfavorable for consumers. Socialism, on the other hand,
is a system where the production and distribution of industries are owned and operated by the
government. Officials directly manage some or all of the extraction of raw materials, manufacturing,
communication and transportation. This system is loosely regulated by the government. Finally,
communism replaces the operation of a free market almost entirely. Most of the rights enjoyed
within the capitalist system are denied and private ownership is prohibited. Business are controlled
by state planners and competition is almost
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5. An Essay On Business Trip
Business Trip Definition Business trip is a trip for work or business purposes or a journey made
somewhere and back again for business purposes in one's working capacity. Benefit of Traveling
For Business 1. Finding a new destination In the business world you definitely have a goal to find
new places and interaction with new people then you will find new goals to make your company
better. 2. Experiencing New Places Business travel spends most of our time on business. But, on a
business trip, we can enjoy a leisurely journey, and can enjoy food and sights during business trips.
Instead of a boring business trip, you get a chance to immerse yourself in the culture of the place
you visit. 3. Meet New People When traveling on business, we...show more content...
Make it Fun Even if you aren't headed to a beachside city ormajor metropolis , work trips don't have
to be total snooze–fests. Every destination, no matter how small, has something to keep you and your
co–workers entertained. 5. Keep Smiling Ask any experienced traveler for tips, and they'll
probably mention the benefits of having a positive attitude. Flight cancelled? Accidentally reserve
a Smart Car instead of a rental van? Instead of having a meltdown, try to calmly look for ways to
solve the problem . Anticipate that there might be a few delays or uncomfortable moments during
your journey, and resolve not to let them get to you. Attitudes are infectious, and a good one or a
bad one can set the tone for everyone on your trip. Plus, not only will your positive attitude impress
your co–workers, it'll increase your chances of getting an upgrade. Thing You Must Carry On Your
Business Trip 1. Business Card Business cards are very important when we meet with other people
on a business flight. Prepare enough business cards so we do not run out of business cards when
conducting business
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6. Essay about Business Administration
Business Administration
The idea of studying business administration has appealed to me greatly and has encouraged me to
further develop my education following this path. I have a keen enthusiasm to pursue a degree in
Business Administration as I enjoy the challenges it sets and find the many different areas of
business you are able to branch out into, very exciting! From research about the subject I'm
expecting to greatly further my learning of how businesses operate and be able to then put my
knowledge into practice. I am confident within myself and find communication with others easy. I
want to study at university to deepen my understanding of the knowledge and skills I already have. I
...show more content...
I am studying Media Studies, which is progressing my understanding of advertising, used
throughout business and also Geography, which is developing my analytical skills in report
writing, but also helps me combine my theoretical studies and practical work a skill I will be able
to use on my university course. I studied I.T for G.C.S.E then furthering my knowledge, I studied
I.C.T for A.S Level as I recognise that a skill for information technology is useful, if not essential,
for the progression of business in modern society. During the year I am studying my three A levels,
I have also decided to study Business Studies at A.S Level, due to an increase in eagerness to pursue
the subject but also to ensure I have a basic understanding of business operations for further use in
my learning in University.
I have managed to balance my 'A' Levels with a part–time job and an enjoyable school and social
life, which has not only developed my skills of working as part of a team and organising my time
efficiently but has also left me with experience of responsibility and leadership, when being chosen
to supervise a particular area of the business I work in. I have been involved in voluntary work for
'Save the Children', which I believed
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7. Business Experience Essay
Personally I had a very displeasant experience doing business with Men's Warehouse. For our
wedding I decided to rent the men's attire from the company, which led to more headache than
anything. The day that went in to the store and put our order in, I was a little concerned with how
everything was going to work out. This was due to the staff getting the date confused multiple
times, incorrect the colors, as well as the attire itself, and payment. We stated multiple times that we
would be paying for the entire rental, and did not want anybody in the wedding to pay for anything.
To start the spiral of disaster, I received a confirmation with the incorrect date, which lead to me
calling customer support to get this fixed. Then the wedding...show more content...
The matter of which a business's implements customer service has much more effect on the
bottom–line that one may think. According to Johnson (2015) a Harvard Business Review study
recently quantified the value of the customer experience, demonstrating that delivering excellent
support generates high returns. With that being said staff need to be adequately trained on quickly
resolving customer problems that may arise. Staff also needs to be made aware of exactly how
customer service affects overall profitability for the company. The study came to conclude the top
five affects in relation to customer service and the bottom–line. First the study shows that satisfied
customers are much more likely to spend more money. Johnson (2015) states the Harvard Business
Review study shows that customers who said their experience met or exceeded their expectations
spent approximately 140% more than customer who reported a negative experience. Second
customers who are dissatisfied actually end up costing the company money by returning products,
and exhausting their time with supporting company staff. Third a happy customer tends to be a
repeat customer for years to come, leading to an increase in revenue for the company. According to
Johnson (2015) the Harvard study shows that members who report high levels of satisfaction have
a 74% chance of still being a customer a year later while only 43% who rate
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8. Essay on International Business
Today's world of rapid increase in and expansion of technology is the reasons for recent International
Business growth. The rapid growth in international business makes an understanding of
organizational behavior all the more important for contemporary managers. Businesses have
expanded internationally to increase their market share, as the domestic markets were too small to
sustain growth. Business transactions are also becoming increasing blurred across national
boundaries.
Companies engage in international business to expand sales, acquire resources, diversify their
sources of sales and supplies, and minimize competitive risk. When operating abroad, companies
may have to adjust their usual methods of carrying on business. This is...show more content...
When dealing with international finance, risk is calculated in many different areas. Here, I will
discuss the financial risks associated with international business, with an emphasis on the risk of
foreign exchange rates. Country Risk When a business decides to become an international trader, one
type of risk that must be examined is the country risk. When a company accepts or approves credit to
a foreign customer, they are not only assuming the foreign company's risk, but also the country's risk.
Country risk analysis means determining the country credit–worthiness. In terms of the ability and
willingness of a foreign government to make available to local companies foreign exchange
necessary to service their foreign currency denominated obligations or debts to foreign suppliers.
(www.bcfm.com/financial_manager/szabo%20internationalfm98.htm)
Mitigation of Country Risk
One way a company can help to mitigate country risk is by fully researching the foreign country
they wish to do business with. This is accomplished by conducting a country risk assessment. This
assessment takes into consideration the probability of credit loss or delayed payment, and uses the
results to determine if the corporation will extend credit with the foreign business. Foreign
Exchange Risks Foreign exchange risks are often the result of country risks. Foreign exchange risks
can be defined as the ability and willingness of the
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9. An Introduction to Business Essay
An Introduction to Business
Business plays a major role within our society. It is a creative and competitive activity that
continuously contributes to the shaping of our society. By satisfying the needs and wants people
cannot satisfy themselves, businesses improve the quality of life for people and create a higher
standard of living.
It is a way for individuals to provide goods and services to consumers, and at the same time, produce
a profit for themselves. Businesses are not only important because they provide goods and services
for consumers, but they also improve the economy and increase jobs for people within society
which is an additional fact producing a higher standard of living. To measure our societies standard of
...show more content...
International trade deficits occur when a nation imports more then it exports. The Decline of
Smokestack America is when there is a change from an industrial to a post–industrial economy.
Finally, the conservation of energy is so that there are a sufficient amount of natural resources
necessary to produce goods. General economic growth or stagnation also has an important influence
on business within our society. Many factors can affect it's condition, such as war, new inventions
and technology, political assassinations, the discovery of physical and natural resources, labor
negotiations, government action, and many others. When the economy is strong and the demand is
high, businesses can prosper. Regardless of how great the economy may become, businesses still
must compete with other firms for scarce raw materials and labor.
A businesses environment creates many opportunities as well as problems for prospering businesses.
The environment determines what a business can do by shaping and channeling its development.
Businesses function within an environment by allowing entrepreneurs to raise capital and create
profits freely. The supply of money available within a business as well as the economic stability
through times of growth and recession have strong effects on businesses. Not only is the physical
environment, including natural resources, pollution and energy as discussed previously, important,
but many other
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10. Reflective Essay On Business Writing
I was taking this course because it is a requirement for my major. I supposed to take Technical
Writing course instead, but the course was full, and I choose ENG 306 Business Writing. Honestly, I
had negative attitudes towards this course from the beginning. I did not like writing unless the
technical one. I also did not catch too much and concentrate very little on learning about this course.
Due to some reasons, later my ideas about this course has begun to change my learning. I worked
hard and figured out each assignment problems that I once thought were too complicated to complete.
The syllabus was full of text to read and each assignment had very short times to completed compare
to the other courses I took from this semester. Major Project 1 the video tutorial, I completed the
video peer draft promptly and posted to the discussion board as instructed by an instructor for
peer reviews from my classmates before anyone else had posted. After I received feedback from
my classmates and I began to edit my video. I developed my video tutorial about "Air Quality
Index Basic" and uploaded on the YouTube platform, then I submitted my video link to my
instructor promptly on the blackboard. I did my best in this video and I deserved grade "A" or
20% on this assignment, but unluckily I got "B". It was not fair because I have to put up my self in
the Internet world and I received an unfair grade for my hard work.
In addition, on the Major project 2 assignment, I choose to work
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11. Starting and Running a Business Essay
Starting and Running a Business Despite being an intimidating prospect for most people, there
are millions of entrepreneurs in the US. Some of them turn out to be very successful, others, not
so much. There are many steps to starting and running a business, but many of them can be easily
accomplished simply by filling out some forms, and several small fees. Businesses have been
around since the beginning of bartering, an apple for some wheat, a horse for a wife, a daughter
for a house. (In no way reflecting what I would trade) The startups of businesses across time have
never come easy, from cost, to hassle, to threat of beheading; there have always been obstacles in
starting a business. One of the hardest parts of being an...show more content...
This is ideal for most people who want to start a business and keep their home if something goes
wrong. The largest area a permit is good for is one county. If one wishes to operate outside the
county the license was issued in, they would have to get a license from that specific county. The
most important thing is starting a business is having a business plan. This is the only way any
bank will approve you for a business loan. [1] Without this business plan, the bank has no way to
analyze the business's performance thus far. The SBA offers a template for how to lay out a
business plan. The following is how a good business template should be formatted (from SBA.gov).
Writing the Plan
What goes in a business plan? The body can be divided into four distinct sections:
1) Description of the business
2) Marketing
3) Finances
4) Management
Agenda should include an executive summary, supporting documents, and financial projections.
Although there is no single formula for developing a business plan, some elements are common to
all business plans. They are summarized in the following outline:
Elements of a Business Plan
1. Cover sheet
2. Confidentiality Agreement
3. Statement of purpose
4. Table of contents
I. The Business A. Description of business B. Marketing C. Competition D. Operating procedures E.
Personnel F. Business
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12. Essay On Business Writing
Reflection
It is important to know how to do well at business writing, because we will use this kind of writing
skills when we are working as business man or woman. Professor Thieme shares many useful key
points about how to write, imparting her knowledge so patience to us. I learned a lot knowledge in
ENG 302, and I am so proud of being one of student in this class.
Our first project is to write a claim email, it is an email about a phone can't work as usual, I should
complain this problem to the Quality Electronics company. In the first draft I did not well, because I
not read the evaluation of complaint email, and I just wrote what I want. After professor Thieme
helped me to revise my first project, then I know I did many mistakes in structure and content of
body paragraph. So, I revised and learned the body paragraph is an important part of a claim letter,
because it contains what happened and what the results I want to get. It is hard to write a good essay
before take ENG 302, even I don't know how to build an appropriate structure. Therefore, I try my
best to practice how to write a good structure essay.
Another problem that I did not very well in claim letter is I used to much negative words. From the
instruction of the claim letter, "The tone of the claim letter is important. The most effective
complaint letters do not sound complaining, angry, or annoyed". So, do not use negative words is
the second key point I learned in how to write a good business essay.
The
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13. Essay on Business Decision Making
Introduction Thinking critically and making decisions are important parts of today's business
environment. It is important to understand how the decision making process works and the steps
involved. The nine steps of the decision making process are: identifying the problem, defining
criteria, setting goals and objectives, evaluating the effect of the problem, identifying the causes of
the problem, framing alternatives, evaluating impacts of the alternatives, making the decision,
implementing the decision, and measuring the impacts. (Decision, 2007.) By using various methods
and tools to assist in making important business decisions an individual can ensure the decisions
they make will be as successful as possible. In this paper it...show more content...
When we came up with a decision to fix a problem the stimulation had a visual graph to use that
examined different metrics of how our choices affected sales, workers, the cost and the company
and whether the decisions would be successful or unsuccessful. This visually allowed us to see
the outcomes to our decisions and gives us more experience for the future decisions and way to
succeed in our goals. All the techniques assisted in following the decision making steps including
measuring the impact which is easily forgotten. It is very important to ensure our decision was
effective and if it was not. Understanding why the decision was not effective and re evaluating the
alternatives and the issues that come into play will help us identify what was missed or overlooked
so the problem can get fixed. This also helps ensure the same mistakes are minimized, if not
identified so the same issues do not reoccur and something can be learned for the future. The
techniques of the stimulation measured the success of change and it provided feedback as to which
measures. The simulation provided a useful
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14. Reflection Of Business Writing
Business Writing is one of the most beneficial classes that I have taken. Much of the material that
was taught will be used in an office environment. I will be working in an office setting as an
actuary, so I know that I will be using this material at some point in my future career. The three
things that I have learned in this class are: how to formulate cover letters and resumes, interviewing
skills, and writing strategies. Writing cover letters, interviewing, and strategic writing will all be
skills that I will utilize. Effectively writing cover letters and resumes will help me get an interview
for an open job position. Before this class, I thought that a resume could be made from a generic
template. I thought that I could just fill in my past and current employers as well as my
educational opportunities, and that would be enough. Reading the Resume 101 textbook helped me
understand that much more goes into creating a resume. The Resume 101 Test assisted me in
beginning the process of creating a good resume. I wrote down all of my social, personal, and
knowledge skills, as well as my hobbies, special interests, and educational accomplishments. After
writing all of these down, making my resume was easy. After creating my resume that was assigned
for this class, I realized that my resume looked very impressive. Between the original formatting and
the accomplishments and interests in my special categories, I believe that my resume makes me very
marketable.
Before this class, I was not aware that a resume should have a cover letter with it. Once again, the
Resume 101 textbook walked me through how to create a cover letter. With a job advertisement
to be an actuary analyst in front of me, I was able to effortlessly create a cover letter that
screamed, "Look at this resume!" I did not think to research a company before sending out a
resume. Now that I know that the research can be incorporated into the cover letter, I know that I
will be able to get many interviews after graduation.
After getting an interview, this class taught me interviewing skill that will help me obtain the
position that I am applying for. I have had an interview for my current employer, but Excela Health
is not a company that I can work for
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15. Essay about Business Culture
Business Culture
Business culture is the overall running of the company there are many types of business culture and
the type of business culture resembles the type of management. There are four main types of
business culture, they are:
Power Culture =============
This is the centralisation of power. This type of culture is usually found in small organisations
where control rests with a single individual or a small group of people. The company spreads out
from the single central figure. The advantage to this type of structure is that decisions can be made
very quickly; this makes the company very versatile. A disadvantage to this type of structure is that
it is very autocratic...show more content...
The higher an employee is in the company the more decisions they can make. This means that this
type of culture can motivate certain employees but can have a negative effect on other employees
depending on the employees in the company.
Task Culture
Task culture is one of the youngest types of business culture, it started to become very important in
the first decade of the twenty first century. This is where employees to work in teams to complete a
task, this type of culture fits in well with a democratic style of management. The company gives the
employees a lot more respect under this type of culture, which helps motivate them, another
motivator is that this style of culture allows the employees a lot of autonomy. Employees are
encouraged to take on more of a challenge task. The employee's views are often listened to and taken
into account, to help achieve the best overall output.
With this type of culture the employees would need training to be given a more influential role in the
company, this may cost the company money, which may not prove beneficial.
Person Culture
This type of culture is usually used in non–profit organisations; the people they are helping are the
central figures in the company. Hierarchies do not exist, people cannot be made to leave the
company. With this type of culture the
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16. Essay about Business Challenges
1. The most significant challenge to business success you see in this rapidly changing global
economy;
One significant challenge to business success in this rapidly changing global economy is that
many business are focused on efficiency and economic of scales. Just like the example provided by
Michael H. Hugo on Chapter 1, many companies are focused on lowering operating cost as much as
possible. This is causing for executives not leave any room for unpredicted changes limiting the
company's ability to respond to customer's changing needs.
2. An organization that has been successful in the global marketplace using virtual teams and the
best practices it used (as discussed in Chapter 7 of Business Agility: A Sustainable...show more
content...
While this is a practice enforced throughout the company, it was necessary to make sure that this
communications were clear to the virtual team in order to maintain morale and the team's trust in the
company.
3. How the Marketplace simulation incorporates these challenges into simulation game play;
The Marketplace simulation incorporates these challenges by providing student with real–world
business problems and roles. Team members are challenged to make decisions and used critical
thinking in order to solve this problems virtually. While The Marketplace gives the team the tolls
necessary to have effective communication, ultimately each team members contributes to the overall
success of the team, just like in a real business situation.
4. How your readings and individual self–assessment work provide potential solutions to these
challenges.
The unit's readings have provided many solutions to the challenges businesses encounter nowadays.
To this day, there are many companies that have business plans that concentrate strictly in lowering
operating cost, cut budgets as much as possible and overwork workers that already are overworked.
Some of this solutions include: * Thinking of the costumer's needs and being able to respond to their
ever changing needs * Management needs to be transparent and make sure to communicate with
employees, especially when the organizations is making
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17. Business Report Essay
Business Report SOCIAL CUSTOMS
Every country has it's own social customs and gestures. Ireland has its share of social customs that
differ from the United States, but for the most part the countries are relatively similar. Friendliness
and hospitality have always been the hallmark of the Irish people. People in Ireland react to strangers
very politely, as you would expect in most parts of the United States. The attitude toward foreigners
in Ireland is reasonably friendly, and welcoming, as opposed to being hostile. In Ireland people greet
each other much like they do in the United States. In a social setting, a handshake is appropriate
when greeting another man, when greeting a woman a hug is appropriate.
The manners in Ireland...show more content...
Tipping taxi drivers, porters, hairdressers, etc., is customary, but not obligatory.2
To refuse an invitation is viewed much like it would be in the United States. If it were necessary to
decline an invitation, it would not be viewed offensively. When refusing an invitation, you would use
a polite manner, as would be expected in any country, usually explaining the reasons for your
absence. Eye contact is important when communicating in Ireland, as would be in any country.
When conversing with someone it is appropriate to maintain eye contact, not allowing your eyes to
wonder, and give the impression of disinterest. When non–verbally communicating, nodding your
head is acceptable, where as when disagreeing shaking your head is acceptable.1
When in a social or business setting, there is no information alluding to inappropriate subjects.
However, you should most likely exercise your best judgment, and refrain from talking about
personal matters or opinions. There is no social hierarchy in the social structure of Ireland. The
former colonial power shows no apparent power in present Ireland.
CONCEPTS OF TIME
Time is expressed in Ireland in the same way it is expressed in the United States. There is no
deviation. Banks are generally open 10AM–3PM, Monday–Friday (closed for an hour midday).
Shops are open from
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18. Business Writing
Improving Business Writing
Why is writing important in business? Writing is essential in any form of business. We use writing
in all types of communication such as: email, facsimile, letter writing, etc. Writing skills are
important to the business professional because it prepares the workplace for well–written business
communications. The three topics I will cover can serve as an outline for improving writing skills in
businesses. The topics are principles of business writing, how to write an effective business letter,
and how to improve business writing within the company. These topics will aid in examining and
improving our company's employees writing skills.
First, there are "four principles of writing: Empathy,...show more content...
Following the Attention Line is the Body. The body contains detailed information about the
topic. The body includes the introductory paragraph, one or more body paragraphs, and a
concluding paragraph. Finally, there is the closing. The closing is usually ended with a
complementary closing and signature. A list of examples include: Sincerely, Cordially, Best
regards, and Yours very truly. Remember to capitalize the first word in the complimentary
closing and end it with a comma. After the closing, there is a copy line. When the copy line is
used, other people know who will be receiving a copy. The copy line usually includes a symbol: c:
for copy, pc: for photocopy, and bc: blind copy (used only to limit readers of other copies). The
names of the recipients should follow these symbols listed in organizational rank (Writing@CSU:
Writing Guide, 2004, p. 1). All of the components discussed above are effective ways to write an
effective business letter. An effective business letter speaks to a specific reader. Therefore, the right
type of business letter must reach the reader. The most common types of business letters are: 1)
Acknowledgement Letters, 2) Adjustment Letters, 3) Complaint Letters, 4) Inquiry Letters, 5) Order
Letters, and Response Letters. (Writing@CSU: Writing Guide, 2004 p. 1). These type letters helps
guide the reader to understanding what the writer intended. Nothing can be more
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19. Essay On How To Promote Your Business
Technology is changing rapidly. You will note that most people are using modern technologies to
do various things. Most people have appreciated the use of social media platforms to
communicate with their friends and relatives. Some of the common social media platforms
include: Facebook, Twitter, WhatsApp and even Instagram. Did you know that you can promote
your business on Facebook? There is a lot of competition in the business world. Most
businesspersons are investing a lot of resources on marketing strategies. You can actually use
Facebook to market your products and services. You just need to create a website for your business
and have a page on Facebook about your site. The following are tips on how to promote your
business on...show more content...
This is the reason why you should take quality photos. Once you take these photos, you can
readily post them on your page. 4. Join relevant groups. There are several groups that are created
on Facebook. You should choose a relevant group and join it. If you normally sell cars, you can
consider joining groups that market cars. Once you join these groups, you can post your products
and services. This can also help you know what the customers want. 5. Add more content to your
page. Customers normally like reading detailed content. It is important that you research on your
products and services and post that information on your page. In addition, you should ensure that
you post relevant information about your products and services. 6. Post content frequently. Once
you have created a Facebook page, you should post your content regularly. This will keep the
customers updated on the products that you are offering in your business. However, you should
not be spammy. You can be posting 3 to 4 times a week. 7. React to the comments and private
messages. Customers like to be valued. You will note that customers will always have complains
now and then. Others, will have queries and so forth. You should not ignore their comments. You
should react to their comments as soon as possible. If a customer has question, you should provide
be able to provide a good answer to him or her. In addition, you should
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20. Essay about My Business Idea
My Business Idea
In my coursework I intend to start my own business. I will devise my own business plan which
outlines my business proposal and the key aspects, during this I will need to seek good business
advice on the necessary steps I will have to make. As I go through the coursework I will show
evidence, examples and explain how businesses are set up, what types of businesses there are and
their similarities, the kind of targets businesses set for themselves and also the different objectives of
different stakeholders. For my business I plan to sell toys and other game products that educate
young children under the age of 11.
Starting up a business is difficult and risky. Anyone setting up needs to consider:
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Most people though have to research their product. Businesses also have to decide how the product
is to be made.
Finance
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No businesses can be set up without finance. Most people who start their own business
underestimate the amount of money they will need to set up. They are often UNCAPITALISED
and this causes problems as the business expands. Some businesses have the potential to be highly
profitable but fail because they run out of cash at a crucial early stage in the life of the business. So
it is very important to work out how much money is needed to start the business and to identify
where the money will come from.
Identifying the sources of help
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Most new businesses don not survive for more than three years of trading. However, their chance of
success is much greater if those setting up the business have received help from experts before the
launch. Many new businesses turn to Business Link or to their local
TEC. They can identify any grants, loans or benefits that are available from government or from
bodies like the Prince's Trust. They can also organise training in setting up small businesses that is
so often vital to the survival of the business.
The business plan
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Drawing up a business plan is very important. The business plan sets out how the business is to be