MY ENGLISH BUSINESS BLOG

  Legal factors affecting business Student’s Name : Judith Gonzalez Cardona NUA : 117532 What is Organizational Law? It refers to the multiple ways that a business may be legally formed under the state laws, for example they can be formed as partnerships, limited liability companies, etc. Since all businesses come with a specific set of tax, management and liability - choosing the right type of organization for a business depends on different factors. (Findlaw, 2020) What does Employment Law refer to? Employment law infolves the state and the federal laws that protect a workers rights, it helps prevent discrimination and promote a safe work environment; it governs the employer-employee relationship and some examples of it’s goals are: Prevent discrimination Promote health and safety  Establish a minimum required level for economic support Prevent work disruptions  (Study, 2021) How are Consumer laws defined? Since they involve all the regulations and statu...

  Answer these Questions in complete sentences Why do you think accounting is seen as boring? Explain. I think accounting involves a lot of technical terms as well as research and though I do not think of it as boring, I believe it can sometimes be tedious to combine all of the technical and practical terms in order to achieve clear results - it is a very lengthy activity to account for all the expenses a company makes. Which of the jobs mentioned would be most interesting for you? Give your reasons. Preparing annual financial statements would be interesting for me because I like working with final results and I think that looking at all the earnings and losses from the year can be beneficial if you are looking to create better strategies or budgets. Why is it so important for accountants to be ethical? Explain in detail. Because they are responsible for managing the earnings of a business - if they do not keep a clear view of what is being spent or earned they can be blamed for a ...

  Student’s Name: Judith Gonzalez Cardona NUA: 117532 Answer the following study guide questions. What is “Integrated Business Planning” (IBP)? It is a way to coordinate monthly business reviews, it helps businesses work together in a synchronized manner in order to operate smoothly. What is “Sales and Operations Planning” (S&OP)? It refers to an integrated planning process that aligns demand, supply, and financial planning; it is designed to support decision making in the executive field and approves a feasible and profitable material and financial plan. (Oracle, 2020) What are the similarities between IBP and S&OP? Mention and describe them. . IBP | S&OP They are driven by business strategies Rely on data for support Align forecasts with the needs of the company Look for an increasement in accuracy What are the differences between IBP and S&OP? Mention and describe them. . IBP | S&OP Starts with financial forecasts R...

  Name: Judith González Cardona NUA: 117532 INFORMATION TECHNOLOGY & COMMUNICATION After watching the video, answer the following questions. What is Managing information within and outside the organization? Business managers need to learn how to manage IT like people and products, the challenge is more organizational than technological It's one of the greatest concerns of modern businesses to learn how to handle IT in and out of the company, with the insights these two create they manage to solve problems. Managing information outside the organization focuses on things like public outrage, news media - any kind of controversy that leaked information might create. Managing the information inside a company gives a clear idea of what the inner issues might be. What is the importance of it? It helps the leaders of the organization to maintain control of aspects like public image, damage control and sales. What are the new technologies that companies have to manage for communication...