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What is Time Management?

If you visit a bookstore and look in the business section you will likely find many books devoted to time management. There have also been millions of magazine and web articles devoted to this topic. Time management is important because this is a commodity that is often in short supply. Some of the most successful people in the world have reached their position by the fact that they are just so effective at this skill.

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What is Accounting?

accountingAccounting is one of the oldest professions in the world. The goal of this type of work is to record and report business transactions. There is evidence that people began using accountancy over 7,000 years ago; once we began trading with other people it became a necessity. The oldest books in the world are the Indian Vedas and this document contains information about accountancy. In the distant past it is uncertain if there were people employed full time as accountants, but as time passed humans developed bookkeeping and accountancy became a distinct profession.

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What Is Binding Arbitration?

These days many of us will be expected to sort out our grievances with a company through binding arbitration. There are pros and cons to this type of grievance resolution and there are those who claim it is unfair. This is something that we will often voluntarily give our consent to, but many of us might not understand the implications of what we are agreeing to at the time. There are also times when binding arbitration is mandatory. This is not to say that binding arbitration is necessarily a bad thing; it can actually work out well for the person making the complaint and it is now becoming common practice in many industries.

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What Are Professional Ethics?

Professional ethics are moral expectations that are applied to those who work within certain specialties. The reason why there are special expectations of these people is that they are seen has having power that is not normally available to general members of the population. For example, a doctor is a professional who is allowed to do things to other humans that would not be permissible for those who did not belong to their profession. If an individual tried to cut another person open with a scalpel it would be considered assault, but we allow a surgeon to do this. The fact then that these professionals have power that isn’t normally given to everyone means that there has to be special expectations.

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What is a Business Model?

These days it is more or less expected that a company will make use of a business model. There are hundreds of books devoted to the subject and if you do a search on Google there are about 48 million hits for the term. Despite the fact that there undoubtedly is a lot of interest in the subject there is also a lot of confusion about what a business model actually is. There are also those who will understandably wonder if such a model is required in the first place.

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What is a Vision Statement?

If you do some research of all the top companies around the world you are likely to find that all of these have some type of vision statement. This is more than just something that is used in a brochure to impress clients, but it is something that should act as a beacon for the company. When you create a vision statement for you company you are putting into print your aspirations for the business; these aspirations will then become something that you will work towards in the future.

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What Is a Project Proposal?

A project proposal has a simple purpose; to convince those with authority that a certain course of action is the right one to take. There are many reasons why a project proposal might be required; sometimes it will be used to convince a client about what their best option is in regards to achieving a certain goal. A project proposal might also come from within an organization as one member of the team tries to convince others of the best course of action for the company as a whole.

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What Is Supply Chain Management?

800px-A_company's_supply_chain_(en)Supply chain management has been described as covering all aspects in the development of a product or service and is concerned with how to make this as cost effective as possible. What this means in practice is easier to understand by means of a real life example. Imagine there is a business that creates and sells footballs; supply chain management will be concerned with all aspects of the process from the storage of the materials to making the balls to sending them off to customers – if the business hopes to be as successful as they can they will want this all to occur in the most cost effective way. Read the rest of this entry »

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