What is Business Studies?
Business studies is the study of how businesses are set up, financed,
organised and controlled, how people are employed, managed and paid, how
goods are developed, produced and sold, how goods and services are
priced and how the local, national and international government help or
hinder businesses.
In studying the setting up of a business there are many aspects that
need to be considered. Such as the type of business ownerships which
are suitable for the entrepreneur, where the capital will be coming
from, what goods or services could be considered to sell and where the
business should be located. The extensive amount of research, which is
carried out before the business operates, is also studied.
There are many sources of finance open to the entrepreneur, which also
need to be studied in depth. The business owner has to set the right
price for its goods or services - a price which is of convenience to the
consumer and which is affordable for the owner. This is possible by
using break-even analysis, and again market research. Owners ...
06). For any leader to be successful, that leader would need to have the trust of their employees. Without that trust, the employees would not be able to believe in the leader and/or their style of leading or whether they are fair, ethically and predictable. Employees need to know that the priorities of the both the company and the leader will have the best interest of the employees. Communication is an important part of trust. Employees like to know what is happening with the company and how they may be affected. This also tells a lot about the leader, are they willing to let the staff know what is happening or are they secretive. Organizational trust is also important to the employees and leaders play a role in that as they show what they pay attention to, how they use resources, dealing with issues of a critical nature, and how they hire, promote, and employee dismissal (Joseph & Winston, 2005, p. 08). The culture of organizational trust
Gjerde, Jon. Major Problems in American Immigration and Ethnic History: Documents and Essays. Boston: Houghton Mifflin, 1998. Print.
Turaga, R. (2013). Building Trust in Teams: A Leader's Role. IUP Journal Of Soft Skills, 7(2),
An explorer by the name of Wade Davis once said, “Heroes are never perfect, but they’re brave, they’re authentic, they’re courageous, determined, discreet, and they’ve got grit.” Having grit or perseverance is a common attribute of a quest hero as well, who is usually the star in quest novels. Charles Portis’s Mattie Ross from the quest novel True Grit undoubtedly falls under the quest hero category, and her supporting character Rooster Cogburn is clearly the wise old man type, with LaBoeuf fitting in as the assistant, or helper type.
In order for a politician to make his way up the ranks, he usually needs to build a strong intra-ethnic coalition followed by inter-ethnic support. This can be a difficult task because the the politician has to please everyone, which makes him seem “bland” to his original supporters.
This article examines the relationship between transformational leadership, cognitive trust, and collective efficacy, in addition to the impact of these variables has on team performance. With the increasing competition in every market, organizations are using teams as the key feature of sustainable competitive advantage. Organizations continue to highlight how forming teams are crucial to their success and that team performance impacts their bottom-line. While team performance is critical to organizational success, the team leader is the dominant one to ascertain the group’s performance. Meaning, leaders must possess the required leadership styles and techniques to discern how to build great teams. One of the most popular theories of leadership
Moral development is what is right or wrong according to society’s values. Justice is the core principle of moral development, yet, justice is not the only thing needed for moral development. Responsibility and care for each other are characteristics that build moral development (Swanson 2009).
To start my answer related to trust, I would like to start with few quotes that shows the power of trust like, “without trust we don’t truly collaborate, we merely coordinate or at bets cooperate. It is trust that transforms a group of people into a team “- Stephen M.R Covey
...sthetics when speaking about the Catholic Church. Martin Luther knew man was flawed with sin but implicitly is Machiavellian when Pope Leo X did not represent the proper aesthetics to meet the 5 qualities of being a prince. Henry VIII was also implicitly Machiavellian since he gained respect of Europe by breaking off from the papacy. This created fear amongst European countries as England was ruled all under one ruler. The Council of Trent was outwardly Machiavellian by being prepared for the Protestant Reformation and maintaining its political gain. With rewriting the Church doctrine the Council answered the Protestant’s criticism which led to the Vatican having more power of Europe. Overall, Machiavelli had an important impact to the way government was seen in the 16th and 17th century till today where his concepts apply to the modern day government.
When many think of the times of immigration, they tend to recall the Irish Immigration and with it comes the potato famine of the 1840s' however, they forget that immigrants from the Emerald Isle also poured into America during the late nineteenth and early twentieth centuries. The assimilation and immigration of the Irish has been difficult for each group that has passed through the gates of Ellis Island or South Boston. Like every group that came to America, the Irish were looked down upon; yet, in the face of discrimination, political, social and economic oppression, the Irish have been a testament to the American Dream as their influence in the political and business world increases with each generation. The tradition and family upbringings of the Irish culture has served as the bridge to allow the "great race" to both prosper and persevere through the hardest of times. Although Irish immigrants were mixed into and not originally part of American culture, they enriched their new country with their cultural contributions, active participation in politics, and their wealth of influential individuals.
When they wanted to save photos online instead of on your personal computer, they are able to use “cloud computing” service. Cloud computing means that the transfer of computing data or information over the internet. Not just to keep data in your personal computer, they are able to save the data on internet server to open their data in any computer. In this report we will walk through about what is cloud computing, what kinds of model did cloud computing have, types of cloud computing, benefits of cloud computing, and security.
Studies show that gaining the trust of a group of individuals is critical to become an effective leader. It is the foundation that forms the team. “Developing a leadership style that produces trust is the ultimate root and source of influencing another” (Gaiter, 2013 p. 324). This rings true in any leadership role. Any coach, pastor, or department manager needs to understand that building trust takes time and effective leadership is a time consuming task. Leaders are always being watched by their teams and leaders must always act with integrity and honesty while trying to better the team he or she leads (Gaiter, 2013). Once trust has been built between leadership and their peers, productivity, team cooperation and morale have been shown to increase dramatically.
Some issues that surround trust is the members within the group will feel vulnerable. Reason why vulnerability is presented is that members are opening up to a room full of strangers. Members may feel that others may judge them or look down on them when they feel comfortable to open up to the group. There are multiple methods to build trust within a group one is “Exposing yourself” Open yourself to others. Not in a dangerous way where people can take advantage of you, but rather in a way that demonstrates honesty and humility. Your group needs to know that you are just like them. Be willing to admit your own failures. If you put up a wall around yourself, your group will too. Members of the group begin to trust the leader when they feel the leader will be helpful, guiding them through to resolution of the issues that trouble them, another
Ross, Asher. "How Cloud Computing Benefits Your Company." RSS. Smart Collective Data, 07 Oct. 2013. Web. 11 Feb. 2014. .
“Trust is one party’s willingness to be vulnerable to another party based on the belief that the latter party is a) reliable b) concerned c) open and d) competent” (Kramer and Taylor 1996). As defined by Rousseau et al “Trust is psychological state comprising the intention to accept vulnerability based on positive expectations of the intentions or behavior of another”. Trust as a part of organizational culture is shaped up by many different aspects, conditions, backgrounds and dimensions. In general, the consensus of opinion is that trust between individuals and groups within an organization is a highly important ingredient in the long-term stability of the organization and the well-being of its members. Trust within a project team is very