The Job Market
As far as Business Management and working for a company. There will always be a need for people to help do Accounting, be apart of Supply chain, and work to help a company function. It may be that some jobs are computerized but there is still a great opportunity for business people.
As far as Business Management and working for a company. There will always be a need for people to help do Accounting, be apart of Supply chain, and work to help a company function. It may be that some jobs are computerized but there is still a great opportunity for business people.
Business Today
Social Trends: In a world where people always are working for a buisness there are a select group of people that have the skills and abilities that companies are looking for. As thomas friedman talked about anyone could start a buisness and like he said, "they can plug and play on the even playing field". For buisnesses they will always need people to do the Accounting, marketing, computer tech, and the basic needs to keep a company running.
Economic Trends: In todays economy buisnessess are refining and strengthening there companies to run very efficiently. Soon the economy will turn around and buisnessess will still be growing even more. it is hard to mention but our economy is in great trouble because of the selfish modivation for money in the car companies and most of all the incorrect procedures of banks, allowing people to have a small income and buy a house that is way out of there range to pay. This was a major contributing factor to the down turn of the economy.
Competitive Forces: Most companies are very competative. They have to compete against other buisnesses and rise to the top. For some buissnesses competition is not a threat. For example Fritolay owns about seventy percent of the chip competition. Even thought Fritolay doesn't have alot of great competition they still push there employees to do alot and inturn they have a great buisness with lots of product that is high quality.
Technological trends and forces: Technology always is growing. Microsoft one of the best computer making companies has improved its technology in the last three years. In the near future technology will possibly take some jobs away but live will get more complicated and easy.
Legal and Regulatory forces: From the begining of our government there have been more rules restricting buisnesses in America. Many find it easier to outsource there company because of these restrictions and regulatory forces. Not doubt that there will always be new regulations and rules that buisnessess have to follow.
Economic Trends: In todays economy buisnessess are refining and strengthening there companies to run very efficiently. Soon the economy will turn around and buisnessess will still be growing even more. it is hard to mention but our economy is in great trouble because of the selfish modivation for money in the car companies and most of all the incorrect procedures of banks, allowing people to have a small income and buy a house that is way out of there range to pay. This was a major contributing factor to the down turn of the economy.
Competitive Forces: Most companies are very competative. They have to compete against other buisnesses and rise to the top. For some buissnesses competition is not a threat. For example Fritolay owns about seventy percent of the chip competition. Even thought Fritolay doesn't have alot of great competition they still push there employees to do alot and inturn they have a great buisness with lots of product that is high quality.
Technological trends and forces: Technology always is growing. Microsoft one of the best computer making companies has improved its technology in the last three years. In the near future technology will possibly take some jobs away but live will get more complicated and easy.
Legal and Regulatory forces: From the begining of our government there have been more rules restricting buisnesses in America. Many find it easier to outsource there company because of these restrictions and regulatory forces. Not doubt that there will always be new regulations and rules that buisnessess have to follow.
Key Business Terms
Markets: The Markets is where companies and individual people can invest there money.
Globalization: The increase of trade around the world, especially by large companies producing and trading goods in many different countries.
Emerging Markets: a market in a less developed country whose economy is just beginning to grow.
Trade Policy: a government's policy controlling foreign trade.
Comparative advantage: The ability of one country or region to produce a product at a reduced cost compared with another country or region.
Strategy: A detailed plan for achieving success in situations such as war, politics, business, industry or sport, or the skill of planning for such situations.
Value Creation: Value creation is the primary financial performance indicator for measuring and evaluating financial performance within the Group.
Economics: The way in which trade, industry or money is organized, or the study of this.
Monetary Policy: Monetary policy is the process by which the government, central bank, or monetary authority of a country controls (i) the supply of money, (ii) availability of money, and (iii) cost of money or rate of interest, in order to attain a set of objectives oriented towards the growth and stability of.
Fiscal Policy: a government policy for dealing with the budget (especially with taxation and borrowing).
Inflation: A general, continuous increase in prices.
Dow Jones Industrial Average: This is the best known US index of stocks. It contains 30 stocks that trade on the New York Stock Exchange. It is considered a barometer of how shares of the largest US companies are performing.
Weak dollar vs. Strong Dollar: The value of the U.S. dollar in comparison to other counties money value.
Globalization: The increase of trade around the world, especially by large companies producing and trading goods in many different countries.
Emerging Markets: a market in a less developed country whose economy is just beginning to grow.
Trade Policy: a government's policy controlling foreign trade.
Comparative advantage: The ability of one country or region to produce a product at a reduced cost compared with another country or region.
Strategy: A detailed plan for achieving success in situations such as war, politics, business, industry or sport, or the skill of planning for such situations.
Value Creation: Value creation is the primary financial performance indicator for measuring and evaluating financial performance within the Group.
Economics: The way in which trade, industry or money is organized, or the study of this.
Monetary Policy: Monetary policy is the process by which the government, central bank, or monetary authority of a country controls (i) the supply of money, (ii) availability of money, and (iii) cost of money or rate of interest, in order to attain a set of objectives oriented towards the growth and stability of.
Fiscal Policy: a government policy for dealing with the budget (especially with taxation and borrowing).
Inflation: A general, continuous increase in prices.
Dow Jones Industrial Average: This is the best known US index of stocks. It contains 30 stocks that trade on the New York Stock Exchange. It is considered a barometer of how shares of the largest US companies are performing.
Weak dollar vs. Strong Dollar: The value of the U.S. dollar in comparison to other counties money value.