Business & Finance

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Business is often considered a form of communication, and individual businesses depend on it to craft deals with other companies. Businesses also communicate with customers and clients. Advertising is considered a form of communication.

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    • What is business tourism?

      Q: What is business tourism?

      A:

      Business tourism is the use of travel services, hotel facilities and other amenities by people who are traveling on business. Business tourism is on the increase, and the tourism industry separates business tourism from leisure tourism in an effort to promote the former by offering particular services for business people.

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    • What is the function of a professional body?

      Q: What is the function of a professional body?

      A:

      The Chartered Quality Institute asserts that the main role of a professional body is to promote and support the particular profession by protecting the interests of the professionals themselves and also protecting the public interest. Some professional bodies such as those that set standards for professional competencies may heavily focus on protecting the public interest. Other professional bodies, such as trade unions, may choose to focus mainly on members' rights.

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    • What are characteristics of mass communication?

      Q: What are characteristics of mass communication?

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      Mass communication sends one message to a mass audience and typically does not allow for interaction between the two. Another key characteristic is that it provides the opportunity to influence society by reaching a large audience.

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    • How do you respond to a good performance review?

      Q: How do you respond to a good performance review?

      A:

      When an employer offers a positive review of past performance, it is a good idea to respond with gratitude. It can be difficult to navigate office protocol surrounding this situation, as many companies maintain strict gift-giving policies. The way in which a person responds to a good performance review often depends upon the relationship with the reviewer.

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    • What is a project proposal?

      Q: What is a project proposal?

      A:

      A project proposal is a type of business proposal that delineates the objection of a proposed endeavor together with the steps necessary to accomplish the objective. In addition to identifying an objective and tactics to accomplish the goal, a project proposal sets forth the benefits of pursuing the endeavor.

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    • Why is a contract important?

      Q: Why is a contract important?

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      A contract is important because it can be used in the legal system to ensure that both parties of an agreement are equally compensated for their work, goods or money. Contracts are legal agreements that may or may not be written.

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    • What does it mean to be a principal in a firm?

      Q: What does it mean to be a principal in a firm?

      A:

      Principals in firms may be individuals or entities that meet certain qualifications, such as being the sole proprietor of a sole proprietorship, a director, chief executive officer or chief financial officer, or someone who owns a certain percentage of shares and stocks within the company. Principals in firms may hold their position individually, or share the responsibilities of serving as principals with other employees. The qualifications to become a principal are fairly broad, but involve some degree of financial commitment in the organization.

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    • What does an administrative officer do?

      Q: What does an administrative officer do?

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      Administrative officers assist government agencies or companies with all types of agency or office management duties. They facilitate and coordinate operations such as employee training, office equipment and supplies, maintenance schedules and supplies, building security, and safety.

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    • What is an example of good work ethics?

      Q: What is an example of good work ethics?

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      An example of good work ethics is coming in to the office on time even if the boss is on vacation. Good work ethics include being a hard worker, not cutting corners, being diligent, having a sense of responsibility, caring about quality and being committed.

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    • What are basic clerical duties?

      Q: What are basic clerical duties?

      A:

      No matter the industry, clerical jobs usually include duties such as answering phone calls, taking messages and greeting visitors. In addition, typing, filing, sorting and distributing mail, handling office documents and maintaining appointments are often required.

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    • Who is higher, the CEO or the managing director?

      Q: Who is higher, the CEO or the managing director?

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      Neither the managing director nor the CEO is higher than the other, because both of these terms refer to similar positions. American companies use the title CEO, or chief executive officer, while British English often uses the term "managing director."

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    • What is the job outlook of an executive chef?

      Q: What is the job outlook of an executive chef?

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      According to the U.S. Bureau of Labor and Statistics, the job outlook for an executive or head chef is at 5 percent for 2012 to 2022. The agency considers this growth rate "slower than the average." The median income for chefs for 2012 is more than $40,000 with projections of wage stagnation.

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