Business Communication by Fer Infante

  Task 2 What are the key differences between management and administration? Explain each of them in detail. Management is very close to leadership because it moves/influence people and their work in order to reach goals settled by the organization by delegating functions. It works for any organizational level. Its decisions are influenced by intern goals and policies, so it mainly has control over business or any profit-making organization. Its style can be changed easily. Administration is a process of controlling the management of an organization. Its demands the assurance of primary policies and objectives. This is a high ranked function controlled by a common belief specially over government or national sectors like schools or hospitals. This is slower to change.   Which is better, management or administration? Explain. Even if they both are complementary to each other and have similar goals, I think management is a little bit better than administration due ...

  Task 1. Definitions Administration Provide a definition of administration Administration is a science that looks for the best way to run an organization. It involves a range of activities related to supervise and perform task required to operate rightly based on their purposes, otherwise it would have no control and it would cause many problems leading to bankrupt/ close.   Concepts of administration -           Universality: it can be used in any kind of institution/organization. -           Interdisciplinary: it is related to any science using methods and processes to use resources efficiently. -           It is a way to reach something: each organization can used as they want depending on their goals. -           Hierarchy: to make it work there must be a leader on charge follo...

 

In my opinion, technological globalization has affected my life the most because since the beginning on the pandemic every activity has to be done online. I have to say that whe it started I was okay working from home, waking up a few minutes before classes begin and obviously it is easier to answer exams, but now I am tired of this and cannot wait to come back to presential classes. With that said and coming back to globalization issue, I think it is fair to say that without this technological exchange working from home would not be possible and it is easy to see it because none of technology used is completely done in Mexico like cellphones, laptops or even the apps we use that allow us to be connected no matter where we are.

 Hi guys, would you please help me to answer the next questions in the comment section? :) I will answer yours. 1.   Has globalization made the world a better or worst place? What would be the world like without it? 2.   Has globalization affected all countries equally? 3. Which countries are taking advantage of globalization to influence the world? 4.   How has globalization affected living standards around the world? What about job? 5. What effect has globalization had on the environment? 6.   Is globalization to blame for many of the problems the world is facing today or is it the solution to these problems? 7.Will globalization lead to more or less conflict in the world? Why? 8.Will the world be more or less globalized in the future? Why?

  What products does your country export to the world? Has this trade helped the people of your country? -           Mostly televisions, cars and agriculture products like berries. I do think this trade has helped people but not as much as it could help. What imports do you buy? Are they more expensive than locally produced products? Are they better quality? -           What I buy the most is clothes and tennis shoes because it does not matter where you buy them, mostly of them are made in Asia. I think the price is almost the same or maybe a little bit more expensive because of the brand, and about quality I guess it depends a lot on the product and brand. Some people say that the availability of brands like McDonald´s and Starbucks in every country is a bad thing. What do you think? Do you ever buy from these or similar brands? -         ...

  What is Finance?  Every way of monetary resources   What is Financial System? Is where persons, institutions and markets related to money transactions operate in order to exchange it between savers, investors, lenders and borrowers.   What are the functions of a financial system? -        To integrate stakeholders to exchange money. -        To provide financial services to maximize their benefits. -        To provide payment system for the exchange of goods and services -        To provide financial capital for long-term formation -        To make easier to the participants to liquidate their investment -        To provide avenues for managing risk -        Taking care of short-terms and long-terms need of its participants - ...