Tuesday, April 9, 2013

Risk in bussines

A business risk is a circumstance or factor that may have a negative impact on the operation or profitability of a given company. Sometimes referred to as company risk, a business risk can be the result of internal conditions, as well as some external factors that may be evident in the wider business community.
When it comes to outside factors that can create an element of business risk, one of the most predominant risks is that of a change in demand for the goods and services produced by the company. If the change is a positive one, and the demand for the offerings of the company increase, the amount of risk is decreased a great deal. However, if consumer demand for the offerings decreases, either due to loss of business to competitors or a change in general economic conditions, the amount of risk involved to investors will increase significantly. When a company’s risk factor is considered to be increased due to outside factors that are beyond the control of the company to correct, chances of attracting new investors is severely limited
Motivation is a process that arouses and directs goal-directed behavior .
Motivation is an attribute in the workplace that is dealt with everyday. Managers are constantly looking for ways to improve an employee s performance. One of the hardest parts of a manager s job is to find an approach to motivate his/her employees. Certainly EM raises ethical dilemmas for managers, yet they must continually strive for improvements in productivity to compete in the marketplace . The key to adopting an effective EM system, is the implementation process. If the system is implemented in a fair and equitable manner, then there should not be too many problems. If on the other hand, it is implemented poorly, it will cause many problems within the firm.
what makes a good manager
You might be managing team at a superstore or you are a bank manager but there are many activities which all Managers do same globally on day to day basis and on those activities, you all are rated in an organization. So everybody wants to be in the top 20 population so a Quick guide which will help you to qualify as top 20 managers in an organization and the do’s and don’ts to be done at your role as an Mangers.
Do’s
1. Keep your customer informed about all day to day activity and especially any development at your work
2. Interact regularly with customer with no communication break
3. Be honest in what you communicate to the customers
Don’ts
1. Do not assume things, always talk to customer
2. Do not over commit on deliverables or timelines
3. Do not be inflexible when dealing with the customers

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