Business Communication

  Daniel Chavez Martinez   Management vs Administration   ·         What are the key differences between management and administration? Explain each of them in detail..   Difference by Definition :  Management is the act of managing people and their work for achieving an organization’s goal using its resources. When the administration is an organized process of administering the management of an organization.   Extent difference:   Management  is eating the discharge policies where the  Administration  is exacting the assurance of primary policies and objectives.   Working Area:  Management  is a low and mid-ranked function, this means it works for the low, medium and top levels organizational need of an enterprise. And the  Administration  is a high-ranked function, meaning that it entirely manages the overall management activities and demands of a company proper planning and o...

  Administration Provide a definition of administration. It is a social process and a technique that involves a set of functions that are used to obtain highly efficient results, coordinating people, functions or systems that make up an organization. It also plans, integrates, controls and unifies the resources of an organization in order to obtain a benefit. The constant improvement is the main objective of the administration. It is a very important tool since as a social science it provides us with many ways to improve our lives in general. Concepts of Administration ·       Financial administration: It focuses on the management of capital and the increase of the wealth of the shareholders and the capital of the organization. ·   Business management: Also known as marketing, it focuses on the business operations of the company. ·       Process management: It refers to the productive or functional lines of the company. ·   Human resource...

 Name:  Daniel Chavez Martinez   Activity 7 Writing   A.       Writing    1.       Describe how economic, technological, cultural, or political globalization is affecting and has affected your present student’s lifestyle most. You must give examples from your daily experience to elaborate your points.   It is inevitable that we at some point in our lives be affected by globalization, some people experienced this impact in an older age and some people are born already in this globalized world but there is no doubt that the world is continually changing and there is no sign of this globalization process being interrupted. Therefore in one point in life everyone will experience this happening no matter if it’s economic, technological, cultural or political. Me personally as a student I’ve been affected in every way, I see it every day in the media, with my friends, with my family, globalization is everywhe...

 Study the 7 events in the table and decide which of the following aspects of globalization the event illustrates: economic, informational, cultural, or political. The first one has been done for you as an example. You have to paste this activity on your blog and compare your answers with FOUR of your classmates. Discuss your finding by asking them about the reason for their decisions. Include screenshot of those discussions in this document.

 4 Globalisation Conversation Questions To complete this section of today’s lesson, you have to ask each of these questions to 8 different classmates at blogger. Once they answer your questions, you have to write their answers here. 1. Has globalisation made the world a better or a worse place? What would the world be like with no globalisation? 2. Has globalisation affected all countries equally? 3. Which countries are taking advantage of globalisation to influence the world? 4. How has globalisation affected living standards around the world? What about jobs? 5. What effect has globalisation had on the environment? 6. Is globalisation to blame for many of the problems the world is facing today or is it the solution to these problems? 7. Will globalisation lead to more or less conflict in the world? Why? 8. Will the world be more or less globalised in the future? Why?

  Financial System    Name: Daniel Chavez Martinez    ·         Answer the questions.   1.       What is Finance? Finance is defined as the management of money and includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting.    2.       What is Financial System? The financial system is a set of institutions, such as banks, insurance companies, and stock exchanges, that permit the exchange of funds. Financial systems exist on firm, regional, and global levels. Borrowers, lenders, and investors exchange current funds to finance projects, either for consumption or productive investments, and to pursue a return on their financial assets.   3.       What are the functions of a financial system?   ·         It supplies the required financial capital to government for ...