Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
Internal Policies Regarding the Creation of Business Contracts and Electronic Communications
First and foremost, the most important aspect of business contracts is to have them. "In our experience, it's mostly been the buddy-to-buddy or 'bro deal' projects that take a turn for the worse due to a lack of professionalism" (Reeve & Payne 2009). Before the start of any project, a contract must be drafted defining the deliverables and scope of the project. After the contract is signed, "be sure to keep it handy. Refer to the contract to manage your internal team" and to deal with any issues that arise during the completion of the project (Reeve & Payne 2009). While sometimes changes are necessary because the project's time and budget expands beyond the original parameters of the contract, the contract is the ultimate 'anchoring point,' of the enterprise. Contracts should be specific, but also contain clauses which make provisions for unexpected occurrences.
Particularly when dealing with subcontractors whose input can be of great significance in ensuring the timely...
All contracts should contain provisions noting when the contract is null and void, due to delays, the inability to perform, or ethical breeches on the part of the contracted entity.
As well as clearly-delineated contracts with contractors and clients, the organization must similarly have detailed policies regarding electronic communications, which is a vital part of firm activity. "While electronic communication tools are tremendous assets to our company when used appropriately, abuse of these resources can put both employees and the company at risk" (Buchanan 2010). To minimize the impingement of corporate security by external threats such as viruses and other malware, surfing the internet and sending personal emails from a work account is strictly prohibited,…
References
Buchanan, Yvonne. (2010). Writing an electronic communications policy. Marketing Views.
Retrieved http://www.marketingviews.com/pracademy-art.html
Reeve & Payne. (2009). Web design business mistakes. My Intervals. Retrieved http://www.myintervals.com/blog/2009/06/02/web-design-business-mistakes-establishing-internal-policies/
It is only after the organization has lost its market share that it realizes the importance if employee creativity. Successful organizations have always known that to improve and increase their competitive position they need to value their employees and encourage them to be creative. This way the organization is better placed to provide its customers with the services and products they demand Epetimehin, 2011() The importance of creativity in improving
Business Course Retrospective Comment on how journaling activities helped you recognize the real or potential impact of stakeholder biases as well as your own biases. How do biases or differing perspectives influence the media, public opinion, and decision-making in business and society? Use example from your activities to support your commentary. The Journaling process provided direct examples of individual bias and of the degree to which pre-existing beliefs and perception color the
Internal capital markets refer to the financial resource allocation system that exists within a diversified or multi-divisional firm. Unlike external capital markets, internal capital markets deal with the distribution of resources amongst the various segments of the same organization rather than involving external investors (Stein, 1997). This internal system allows a corporation to use its internal funds to finance projects in different divisions, thereby potentially circumventing the need to rely
Global Risks Climate change is something affecting all countries, with particular relevance to low-lying coastal regions. Island nations in the Indian Ocean, for example, and the dozens of nations in the Caribbean are at risk of inundation not just from the constantly rising sea levels from melting glacial ice in polar regions. Climate change leads to warming ocean waters, which in turn lead to more frequent and more severe storms. In
Business Ethics Palmeri, C&Rupp, L 2013, May 3, Disney Bangladesh Exit Pressure on Clothes makers Who Stay, Retrieved from http://www.bloomberg.com/news/2013-05-03/disney-bangladesh-exit-puts-pressure-on-those-who-may-stay-1-.html The work of Palmeri and Rupp (2013) is focused on highlighting the issues faced by the multinational organizations while operating in developing markets. It is highly likely for large organizations to develop their overseas presence. However the economically developing markets a number of issues including environmental, infrastructural, and compliance with health and
Business Development Learning how to go about selling to the U.S. government which is the largest buyer of goods and services in the world is a very daunting task. The federal government is expected to reserve a fair proportion of its purchases and contracts for services and property for small businesses. The government achieve s this through setting aside some parts of its procurement to small businesses. Small businesses that have