key concepts to successful business Essay examples

The provision and use of personal protective equipment could include using gloves, glasses, earmuffs, aprons, safety footwear, dust masks.

In today’s complex and ever changing environment, organization continue to experiment with new forms of team development. Some of the most successful teams bring together employees with different talents and perspectives. In this research report, my aim is to have a clear and deep research on teamwork and how it affects businesses so that I can help Tina and Frank who is coming back from overseas to start their own business. Before could anybody start their business, it is very important to learn certain aspects. Team work is one among them. I have included some of the important information I collected through my research in order to help Tina and Frank succeed in their business.

Confidentiality at workplace is important because it shows that there is trust between yourself and your colleagues. At the beginning of your employment you will sign a contract of confidentiality to make sure what is said in the office doesn’t leave the office. Also it is part of the database protection act. The benefits of confidentiality are that you know whatever is said within the office environment treated with the strictest confidence and also it means you are able to have a level of trust within the office and also with your colleague.

Without appropriate organisation on a variety of fronts, most business will limp, unable to set or achieve their strategic plans therefore organisational functions are the glue that holds all the pieces of your business together in the pursuit of their ultimate objective. However organisational functions have some interrelationships. Examples of organisational functions are, finance, marketing, Human resources, operations, Research and development purchasing, production, sales and advertising.

doing tasks and learn from taking time to go over the task at hand. This is

In this chapter I learned about my learning style and how different learning styles impact our lives.

Allinson, C., and Hayes, J. (1988), ‘The learning styles questionnaire: an alternative to Kolb’s inventory’, Journal of Management Studies, 25, (3):269-281.

A person with this learning style excels in the capacity to examine situations from many angles and generate many ideas. Studies indicate that individuals with the diverging learning style are interested in people and are creative and expressive. They also tend to be fascinated in the arts and often have humanities or liberal arts backgrounds. Counselors, organizational development specialists, and human resource managers have exhibited this learning style. (casa colorado teaching seminar Kolb Learning Style Inventory Info pdf website, 2008)

Being motivated is a good start, but personal motivation alone is no guarantee of achieving an educational objective. The first step that I need to take as I move into my career path journey is assessing my learning styles. After been out of school for sixteen years, it is clear that the world I learned from is different than today’s method of teaching; therefore, it is important for me to assess my learning style to find out what works for me. After I had completed the Multiple Pathways assessment test, I discovered my learning styles were interpersonal and intrapersonal. As I was reading the definition of these two styles, I was not surprised that I fall into this category. My interpersonal learning style defines my character. It helps me understand my ability to

1. What factors contribute to the rapid pace of change in business? Is the pace likely to accelerate or decrease over the next decade? Why?

Starting a business is the latest trend. Just take a look at Instagram. Several profiles have the caption ‘Entrepreneur’. At this very moment, there is someone, somewhere working on an idea, a business plan or launching a startup. Entrepreneurship is on the rise like never before. The flexibility and independence that comes with being one’s own boss is attractive and worth taking the leap in starting a business. However, most people don’t know that being an entrepreneur is a grueling journey that can be very lonely and stressful at times. According to the Small Business Administration (SBA), 50% of businesses fail during the first year. Starting a business can be a scary task, but the

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.

Southwest Airlines encourages respect, innovation, a caring attitude and strives to adhere to all labor and employment laws which includes respecting privacy and equal opportunity. With a strong concern for avoiding corruption and avoiding anti-competitive behavior, they work hard to maintain accountability of all business practices. An example of this is the promotion of competition to provide consumers low air fares and a variety of high quality air service offerings across the US. This shows their devotion to the community they serve and maintains the company culture.

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.

1. The most significant challenge to business success you see in this rapidly changing global economy;