MY BUSINESS COMMUNICATION BLOG

Introduction to Accounting 1. Why do you think accounting is seen as boring? Explain. I think most people find accounting boring because they don't really know what it's all about. Many people think that it involves only mathematics when the truth is that you need to have knowledge in different areas. For me it is very important because the accounting department is the one that takes care of the economic well being of the companies which includes the employees. 2. Which of the jobs mentioned would be most interesting for you? Give your reasons. The most interesting job for me is that of an auditor. I think auditors are very intelligent people who have the ability to find errors in the accounting documents of companies even when they have already been reviewed by employees. I find it interesting that they are able to detect when companies are not performing their operations according to the law. 3. Why is it so important for accountants to be ethical? Explain in detail. It is i...

 IBP What is “Integrated Business Planning” (IBP)?  It is a business planning process that extends the principles of sales and operations planning throughout the value chain that helps bridge the gap between strategy and execution. What is “Sales and Operations Planning” (S&OP)?  It is a process to better match supply with demand (find a balance) by developing strategic plans that help management direct the business and gain a competitive advantage. This process brings together all the plans for the business: sales, marketing, development, manufacturing, sourcing and financial. What are the similarities between IBP and S&OP? Mention and describe them. Monthly process: results are reviewed each month with the objective of growing the business and minimizing costs.  Cross-functional approach: coordinating people, tasks and time Driven by business strategy: provides forecasting accuracy and decision support to meet organizational objectives  Tactical planni...

Information Technology & Communication What is Managing information withing and outside the organization? What is the importance of it?  The management of information has had to face many changes, within the organization must implement the management of new technologies and the management of its information to increase its productivity.  Managing information outside the organizations menas how to: deal with the new media manage corporate news control public company crises What are the new technologies that companies have to manage for communications  purposes?  voice mail, Groupware, CD-ROM, Teleconferences, Faxes, data bases Describe the role of technological discoveries throughout history. Technological discoveries have helped organizations to collect, store and communicate information more easily and quickly .  What is the importance of technologies in the globalized business world?   Role of new technology in the globalized business world saves...

  Activity 3 For this activity I will use the Mikuzka brand. It is a family business of a friend who is dedicated to the production and marketing of sauces and dressings.    Who is your target market?   The target market for Mikuzka is people living in the Bajio, middle class, between 18 and 25 years old, with a taste for junk food and spicy sauces and dressings. How does your product or service satisfy the needs of your potential customers? The products are sought after by customers in special situations, usually to accompany foods such as pizza and French fries, satisfying the need to be consumed.  Which company has the biggest market share in your industry?  Mikukza products have the highest price in the Bajio sauce market and in second position are the products of the Lupillos brand.  How long do you usually run an advertising campaign for?  The new products are launched on the market at the agri-food fairs and exhibitions in which the company...

  Task 1 Marketing  What is the definition of Marketing?  It is the strategy or tool that companies use to promote their products, services or business.  What is understood as Market in business? In business the market is the audience, i.e. potential customers, and in general it is the place where companies find themselves competing with the objective of attracting customers. What is the purpose of Marketing? The purpose of marketing is to understand customers, their preferences, needs and expectations. With this data, the company can develop a marketing strategy that allows it to keep customers interested in its products.  Why is Marketing important? Marketing is what helps companies to obtain customers. If people do not know the company, its products and the differentiators it has, they simply will not buy the product/service, which directly affects the company's economy.  What are the different types of Marketing? Define them in detail.  T here are ...

 Task 1 What is Quality Management?  Quality management is the act of overseeing all activities and tasks that must be performed to maintain a desired level of excellence, including quality control and quality assurance.  What is the objective of Quality Management?  Improve the quality of the products or services offered by your company and meet customer expectations.  Which are the key components of Quality management? Describe in detail  each one. Quality Control: Process of inspecting products to ensure that they meet the required quality standards. (inspects product quality) Quality Assurance: Process that ensures production quality meets the requirements of customers. (integrates quality into the process) Describe what Quality Management involves. (process)  Design and Build: Develop a QMS structure, processes and implementation plan. Deploy: Divide each process into sub-processes to educate employees on the correct way to perform tasks. Control ...