by Ron Kurtus
Readers have sent in a total of 109 comments and questions on Business issues. They are listed according to date.
You can read them to further your understanding of the subject.
|What purpose do intellectual rights serve?||General Business Topics||UK|
|What types of legislation protects intellectual rights?||General Business Topics||UK|
|What is the impact of standards on the desing process?||General Business Topics||UK|
|How does quality control affect business planning?||General Business Topics||UK|
|Outlining your corporate expectations||General Business Topics||UK|
|Business planning and corporate expectations||General||UK|
|Customer focus in engineering organisation||General||UK|
|How is contracting carried out?||General Business Topics||UK|
|How engineering organisation carries out tendering||General Business Topics||UK|
|Main task in resource handling||General||India|
|Carrying out contracting and tendering||General Business Topics||UK|
|How can cocoa industry by competitive?||General||Ghana|
|The School for Champions is an excellent tool||Character||South Africa|
|How can I improve my concentration?||Improvement Steps||India|
|Production and consumption||General||Nigeria|
What purpose do intellectual rights serve?
March 13, 2012
what purpose does intellectual rights serve and why are they needed to be protected.
steve - UK (22504)
Intellectual rights protects the creators of devices or concepts from having someone else profit from their invention or work. It is sometimes called intellectual property, which concerns creations of the mind such as music, discoveries, and designs. Common types of intellectual property rights include copyrights, trademarks, and patents.
A big problem occurs when people from another country copy products and even sell then as if they were the original.
What types of legislation protects intellectual rights?
March 13, 2012
What types of legislation are used to protect intellectual rights?
steve - UK (22505)
The Anti-Counterfeiting Trade Agreement (ACTA) is a multinational treaty for establishing international standards for intellectual property rights enforcement. Individual countries set up their own legislation to fulfill enforcement.
What is the impact of standards on the desing process?
January 29, 2012
the impact of standards on the design process in relation to the profitability of the business
Hyden - UK (22392)
in the short-term, setting standards in the design process can be more costly, but in the long-run, it is absolutely necessary. Many companies start with ISO 9000 to document requirements, standards, and procedures. Then they move to TQM to look at ways to reduce costs and improve quality. The design team should be involved in both processes.
How does quality control affect business planning?
January 9, 2012
how the concept of quality control affect the application of business planning and corporate expectations.
lucks - UK (22310)
Quality control and quality management (TQM) must be performed before products are sent to market. They, in turn, are dependent on clear specifications.
Documenting specifications and setting aside time for inspections and quality improvement must be included in business planning.
To some managers, it seems like an added expense. However, in the long-run, good quality products will reduce costs and increase profits.
Outlining your corporate expectations
January 9, 2012
for potential customers an example of outlining your corporate expectations.
luckshan - UK (22313)
Upper management should have Mission and Vision statements available to show the direction of the company. Typically, corporate expectations are for the company to grow and increase profits. However, customers normally do not want to hear that. Instead, they want to hear about customer satisfaction and quality products and services. That is typically part of the TQM efforts.
Business planning and corporate expectations
December 1, 2011
how the concept of quality assurance affect the application of business planning and corporate expectations.
lucks - UK (22221)
Corporate expectations are usually to make more money and get more business. Quality Assurance (QA) is a way to make sure the outgoing product fulfills the specifications. Total Quality Management (TQM) not only looks at QA, but also considers reducing losses due to waste, and emphasizes satisfying the customer to get repeat business.
Efforts in TQM should be part of the business planning effort. The return-on-investment (ROI) from TQM will convince management that it is worth it.
Customer focus in engineering organisation
December 1, 2011
Describe the corporate expectations of an engineering organisation with a customer focus.
Hyden - UK (22223)
Corporate expectations of an engineering organisation with a customer focus are probably that the products developed please the customers and that they will purchase more from the company.
How is contracting carried out?
November 26, 2011
Can you describe one example of how the engineering organisation carries out contracting.
Hyden - UK (22210)
Contracting has various meanings. An engineering group can obtain a contract to do work, they can contract out work to other organizations, or they can be involved in the contracting business.
You need to be specific in what information you are seeking.
How engineering organisation carries out tendering
November 24, 2011
Can you describe one example of how the engineering organisation carries out tendering.
Hyden - UK (22202)
Tendering is often a a call for bids or the way an organization procures its goods. There are several variations on this term.
An engineering organisation may draw up a specification of what they want and send out a request for proposal (RFP) to suppliers to determine the best one.
Main task in resource handling
November 22, 2011
What is the main task which is perform as resource handling in finance?
Nutan - India (22192)
It is good to have a financial plan and a goal of what you want to achieve financially. Then, keeping track of income and spending on a daily or weekly basis should be done to monitor your resources. This is true for both personal finances, as well as in companies.
Carrying out contracting and tendering
November 17, 2011
Describe how an engineering organisation carries out contracting and tendering.
lucks - UK (22175)
I'm sorry, but that is too big of a topic to explain in an email. Also, various organizations have different methods to carry out those tasks.
How can cocoa industry by competitive?
October 31, 2011
TO WHAT EXTENT CAN A COCOA INDUSTRY BE PERFECTLY COMPETITIVE?
David - Ghana (22119)
In a business competition, you need to know who your competitors are, as well as their strategies.
In the cocoa industry, you want to gain a competitive advantage by using TQM to make your operations more efficient, gain good alliances with your distributors, and publicize the value of the company or industry.
For more information, see: Business Competition.
The School for Champions is an excellent tool
October 24, 2011
The school for champions is an excellent tool to refine my business and ethical skills. I have learnt that self development and taking care of my health is one of the precious cornerstone of business.
Vusi - South Africa (22110)
I am glad that the material is helping you advance in your business, as well as in life. You are on the way to becoming a success in your endeavors.
How can I improve my concentration?
October 17, 2011
i am new business man started new organisation actualy i want to put 100% effort but i cant concentrate on my work please give me some hints to improve my concentration and 1 attitude
Raju - India (22090)
Being very interested in the business area should give you enthusiasm about getting things done. You need to enjoy the area of work, or else you are in the wrong area.
Think of your goals and long range plans for your career and business. Write down what you want to achieve in the next year and what reward that will give you.
Each night before going to bed, write down three things you want to accomplish the next day. This should help you to be anxious to get those things done when you get up in the morning.
Celebrate completion of tasks. Even telling yourself, "Good job!" motivates you to do more.
I hope these ideas help. Best wishes in your career and business.
Production and consumption
July 26, 2011
Which country in the world is more ideological in product production for the consumpation of the masses & what are those kind of product.
Dennis - Nigeria (21846)
The United States and many European countries have philosophies and beliefs that encourage production, as well as consumption. Emphasis on education encourages production. Unfortunately, excessive consumption by the people of a country can be wasteful and have a negative effect.
China's move from Communism has resulting in a great increase in production and consumption by the population or masses.
Once people have enough food, they can start to look to purchasing other types of goods. Once many people in a country become affluent, they start to spend and consume more and more items.
Questions and comments
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