Business Resources

A:

Modern communication allows people to interact directly with people from all over the world, creating a more global society. Web cameras allow people to have face-to-face conversations with people no matter their location, which removes many boundaries in social and business life. Forum boards bring people of common interest together to share ideas and viewpoints.

See Full Answer
  • What Are Normal Working Hours?

    Q: What Are Normal Working Hours?

    A: A typical, full-time work week consists of no more than 40 hours per week, usually from 9 a.m. until 5 p.m., as defined by the U.S. Department of Labor. Any extra hours are subject to overtime pay.
    See Full Answer
    Filed Under:
  • How Do You Organize an Annual General Meeting?

    Q: How Do You Organize an Annual General Meeting?

    A: Every incorporated firm is required to hold an annual general meeting each calendar year. In order to organize a successful annual general meeting you should plan the meeting ahead of time.
    See Full Answer
    Filed Under:
  • When Are Business Quarters?

    Q: When Are Business Quarters?

    A: Business quarters, also known as fiscal quarters, are the four three-month segments that constitute a company's fiscal year. Fiscal quarters are expressed with "Q" followed by the relevant number and year. The second quarter for the 2014 fiscal year is expressed as Q2 2014.
    See Full Answer
    Filed Under:
  • What Is the Commercial Sector?

    Q: What Is the Commercial Sector?

    A: Commercial sector jobs are those that do not include farming, transportation, manufacturing or business. Some examples include restaurants and hotels, healthcare facilities and educational institutions.
    See Full Answer
    Filed Under:
  • Why Is Health and Safety Important in the Workplace?

    Q: Why Is Health and Safety Important in the Workplace?

    A: Workplace health and safety procedures are necessary for protecting employers and employees against certain hazards, such as disease and poisonous chemicals, according to Sherrie Scott for the Houston Chronicle. Guidelines are meant to enhance productivity. Health and safety procedures are also in place to prevent workplace violence.
    See Full Answer
    Filed Under:
  • What Are Characteristics of Mass Communication?

    Q: What Are Characteristics of Mass Communication?

    A: 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.
    See Full Answer
    Filed Under:
  • 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.
    See Full Answer
    Filed Under:
  • What Is a Company Ethos?

    Q: What Is a Company Ethos?

    A: The ethos of a company is its core set of values or operating principles that are used to set the tone for the company's overall operations. In general, the ethos expresses the way that a company wants to behave. Some companies include concepts like environmental awareness or a democratic structure of communication in their overall ethos.
    See Full Answer
    Filed Under:
  • What Is the Difference Between Internal and External Customers?

    Q: What Is the Difference Between Internal and External Customers?

    A: While external customers place orders for a good or service and ultimately pay for it, internal customers do not. External customers are also external to the organization supplying the good or service, but most internal customers are not.
    See Full Answer
    Filed Under:
  • What Is the Role of a Personal Assistant?

    Q: What Is the Role of a Personal Assistant?

    A: A personal assistant provides individualized support services to business professionals or families. Some common tasks that personal assistants do on a daily basis include making travel arrangements, scheduling appointments, organizing special events, taking dictation and performing miscellaneous clerical and administrative duties. Some personal assistants also travel or live with their employers, or even both.
    See Full Answer
    Filed Under:
  • How Is a Ribbon Cutting Ceremony Conducted?

    Q: How Is a Ribbon Cutting Ceremony Conducted?

    A: Most ribbon-cutting ceremonies involve having a business owner, chamber of commerce dignitaries and maybe some area politicians taking part in a ceremony to launch a new business. Before the actual ribbon-cutting, one or more of the politicians or chamber of commerce dignitaries delivers a short speeches about the good that the business will bring to the local economy.
    See Full Answer
    Filed Under:
  • What Does the Finance Department Do?

    Q: What Does the Finance Department Do?

    A: The finance department plays a huge role in business because that's where the money is. The finance department knows how much money is needed to pay vendors, secure clients, cover bills and pay employees. This department is also in charge of filing taxes, keeping up with the current value of assets, and knowing how much cash flow the company has at any given time.
    See Full Answer
    Filed Under:
  • Why Do Employers Resist Unions?

    Q: Why Do Employers Resist Unions?

    A: Employers resist unions for a number of reasons, but the biggest reason is that unions force employers to have less control. With a union, workers can organize, gain power, and limit the flexibility of the employer and the rules the employer imposes. Individually, workers can't do much to change the policies of the employer or fight employer abuse, but as unions they can. Employers resist this challenge to their authority.
    See Full Answer
    Filed Under:
  • What Is the Difference Between Operating Profit and Net Profit?

    Q: What Is the Difference Between Operating Profit and Net Profit?

    A: Operating profit only covers the gross profit, minus direct operating expenses for the company while net profit includes all gains and losses by the company, including tax payments. Operating profits do not cover taxes paid, company assets sold or expenses not related to the company's operating costs. Net profit is the amount of money that the company has added or lost from its overall assets.
    See Full Answer
    Filed Under:
  • What Is the Definition of a Product Range?

    Q: What Is the Definition of a Product Range?

    A: The product range, or product line, is a collection of products sold by the same manufacturer that are aimed at different segments of the market. All of the product in the range are connected, but some may be designed to attract teenagers while others may focus on older customers.
    See Full Answer
    Filed Under:
  • How Can One Set up a Call Center?

    Q: How Can One Set up a Call Center?

    A: A call center can be set up by outsourcing the business to another call center or by purchasing call center equipment and hiring and training employees to sell or market the company's product. Many small and corporate businesses prefer to outsource because it is expensive to buy call center equipment, it is expensive and time consuming to hire and train employees, managing a call center requires skills that many business owners do not have and many business owners prefer to focus on running their business rather than managing a call center.
    See Full Answer
    Filed Under:
  • What Is Meant by a Sustainable Resource?

    Q: What Is Meant by a Sustainable Resource?

    A: According to Merriam-Webster, a sustainable resource is one which is used or harvested in such a way that it is not depleted or permanently damaged. Agriculture is an example of a sustainable resource. Proper management of agriculture allows it to provide food and other resources to the population indefinitely.
    See Full Answer
    Filed Under:
  • What Are Examples of Physical Resources?

    Q: What Are Examples of Physical Resources?

    A: Physical resources are the material assets that a business owns, including buildings, materials, manufacturing equipment and office furniture. Physical resources can be sold if a business is facing a cash flow issue.
    See Full Answer
    Filed Under:
  • What Are Reasons Why People Engage in Business?

    Q: What Are Reasons Why People Engage in Business?

    A: People engage in business for several reasons, but the most compelling reason for many is to earn a substantial income. Entrepreneurs have income limited only by the practical opportunities in the marketplace, as opposed to the salary maximum established by an employer.
    See Full Answer
    Filed Under:
  • What Is the Role of the Personnel Department?

    Q: What Is the Role of the Personnel Department?

    A: An organization's personnel department handles a variety of critical functions that help meet the needs of business owners, managers and staff. Personnel departments hire and train employees, implement company policies and procedures, handle specific performance issues, determine employee salaries, ensure that fair labor laws are followed, terminate employees and much more.
    See Full Answer
    Filed Under:
  • What Is a Copy Notation?

    Q: What Is a Copy Notation?

    A: A copy notation is a type of end notation to a formal letter. A copy notation is a list of people that ought to receive a copy of the letter. It is a reminder that other people, besides the addressed recipient, have an interest in the letter.
    See Full Answer
    Filed Under: