Monday, December 30, 2019

A Guide to Business Letters Types

There are a number of types of business letters in the English language. Accomplished English speakers should be able to write the following types of business letters to be successful in business. Its helpful, to begin with, gaining a clear understanding of business letter writing basics. Once youve understood the basic layout styles, standard phrases, salutations, and endings, you should continue to improve your business letter writing skills by learning to write the following types of business letters. Do you know what type of business letter you need for a task? Making an Inquiry Make an inquiry when you are requesting more information about a product or service. The inquiry letter tends to include specific information such as product type, as well as asking for further details in the form of brochures, catalogs, telephone contact, etc. Making inquiries can also help you keep up with your competition. Use this letter template to ensure you receive a prompt reply. Sales Letters Sales Letters are used to introduce new products to new customers and past clients. Its important to outline an important problem that needs to be solved and provide the solution in sales letters. This example letter provides an outline, as well as important phrases to use when sending out a wide variety of sales letters. Sales letters can be improved through the use of personalization in some means in order to ensure attention. Replying to an Inquiry Replying to inquiries are one of the most important business letters that you write. Successfully replying to an inquiry can help you complete a sale or lead to new sales. Customers who make inquiries are interested in specific information  and are excellent business prospects. Learn how to thank the customers, provide as much information as possible, as well as make a call to action for a positive outcome. Account Terms and Conditions When a new customer opens an account it is essential to inform them of account terms and conditions. If you run a small business, it is common to provide these terms and conditions in the form of a letter. This guide provides a clear example on which you can base your own business letters providing account terms and conditions. Letters of Acknowledgment For legal purposes, letters of acknowledgment are often requested. These letters are also referred to as letters of receipt and tend to be rather formal and short. These two examples letters will provide you with a template to use in your own work and can be easily adapted for a number of purposes. Placing an Order As a business person, you will often place an order. This is especially true if you have a large supply chain for your product. This example business letter provides an outline to make sure your order placement is clear so that you receive exactly what you order. Making a Claim Unfortunately, from time to time it is necessary to make a claim against unsatisfactory work. This example business letter provides a strong example of a claim letter and includes important phrases to express your dissatisfaction and future expectations when making a claim. Adjusting a Claim Even the best business may make a mistake from time to time. In this case, you may be called upon to adjust a claim. This type of business letter provides an example to send to unsatisfied customers making sure that you address their specific concerns, as well as retain them as future customers. Cover Letters Cover letters are extremely important when applying for a new position. Cover letters should include a short introduction, highlight the most important information in your resume and elicit a positive response from your prospective employer. These two examples of cover letters are part of a larger section on the site providing all the information you will need on taking an interview in English during your job search.

Sunday, December 22, 2019

My First Small Business Adventure - 918 Words

Growing up as a middle-class child with both parents working, I learned to appreciate the little details. In order to grow my parents had to deal with a lot of un-ethical people and the wrongs they did to them. Although they had many opportunities to develop quickly at the expense of others, they always denied the idea of taking advantage of them. Instead, my parents chose the longer but righteous road. Through their life choices and their struggles, I learned to be fair to others as I would like others to be fair to me, how to be humble, and help develop others as much as I was developing. â€Å"Love your neighbor as yourself.† Religion wasn’t harshly enforced, but my parents implemented a lot of the lessons that came from the words of the bible. I learned not to take advantage of people. As a young child my first small business adventure was my lemonade stand. Pricing my lemonade was the hardest thing I had to think about because I wanted to make money but, I didnâ₠¬â„¢t want people not to purchase it. There was my first business lesson. I needed to be fair to others as I would be to myself. I experienced that if I was giving my family a discount everyone else deserved one too because it was the exact same cup, with the same amount. I couldn’t turn around and sell it to others at a higher price just because I knew they didn’t know my family was getting it for less. I felt better to know I was being a good person even though I didn’t make a lot of money. Making money for theShow MoreRelatedAction Adventures 21353 Words   |  6 PagesConduct an internal and external environmental analysis for your proposed business. †¢ Use the information obtained from your internal and external analysis, as well as the lesson learned from the Considerations of a Strategic Plan: List assignment. †¢ Create a SWOTT table summarizing your findings. 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Their net income is negative and increasing in 2005 through 2007. In addition, there is a lack of differentiators at Coral Divers, hindering them from their competition. The issue at hand is whether Coral Divers should take on a potential growth strategy, which consists of adding a family vacation portion to their resort, and an adventure diving aspect. This wouldRead MoreA Program For A Non Profit Telecommunications Company1019 Words   |  5 Pagesbreath-taking thirteen-thousand feet over the Delmarva Peninsula. Ten years of anticipation and preparation had paid off, I went Skydiving and yes, I would go again. My thirst for adventure like my thirst for success has given me the desire to continue academic training. My undergraduate education has given me the ability to take on small tasks in the professional world as a Projects Coordinator for a non-profit telecommunications company. This company is young and has potential for growth, I believeRead MoreLife : The Unexpected Adventure1533 Words   |  7 PagesLife the Unexpected Adventure Life is an adventure! With paths that twist and turn; though heavy underbrush and dark forest, all leading toward junctions where key discussions are made. Through those paths led though different educational opportunities. Some of them come with unforeseen consequences, causing chain reactions and road blocks. The future never remains constant path. The journey to school, while on a key pathway, intersected countless byways; leading me to where I stand now. ChoosingRead MorePersonal Statement : My Best Friend1661 Words   |  7 Pages happiness, dedication, adventure/exploration and curiosity. The first value I focused on was friendship and I find that to be an extremely important part of life. To find certain people that love you for who you are and will always be looking out for you, those are the people that you want to keep in your life forever. On my visual I have three different picture of my best friends and I would never wish for anything else because they are the most wonderful people in my life. Developing a friendshipRead MoreEssay about Mgmt 404 Project Management1022 Words   |  5 PagesDeVry University | My BBQ Business Adventure | MGMT 404 Project Management | Renita Allgood 6/24/2014 | Table of Contents 1. Cover Page 2. Table of Contents 3. Project Charter 4. Scope Statement 5. Work Breakdown Structure 6. Network Diagram 7. Risk Management Plan 8. Resource Management Plan 9. Communication Management Plan Project Charter Project Name: My BBQ Restaurant Business Adventure Project Number: 1 Project Manager: Renita AllgoodRead MoreDescriptive Essay - My Adventures Longboarding1560 Words   |  7 Pagesto acquire in one’s everyday life. Yet, through my adventures longboarding, I am able to get a whiff of such emotions. As I surf the concrete wave of the hoosier roads, I feel my longboard’s wheels whiz underneath me as if to tell me to go faster. Though I am reaching speeds of 20 mph, my feet move in unison to carve down the road as if it were snow. The unavoidable problems that strangle every teenager are kept at bay by the wind flowing through my hair. Although you may not yet know what you wantRead MoreLosing My Virginity by Richard Branson Essay1500 Words   |  6 PagesReview of Losing my Virginity by Richard Branson Book title: Losing My Virginity Author: Richard Branson Place of publication: Rainville Road, London, England Publisher: Virgin Books; Rev Ed edition Year of publication: June 27th 2002. Number of pages: 672 ISBN-10: 0753506483 ISBN-13: 978-0753506486 Synopsis: Richard Branson takes the reader on the adventure; which is his life. The author openly discusses his family, friends, sexual escapades, life threatening attemptsRead MoreWhy Do I Want To Go To College Essay1368 Words   |  6 Pagesto acquire in one’s everyday life. Yet, through my adventures longboarding, I am able to get a whiff of such emotions. As I surf the concrete wave of the hoosier roads, I feel my longboard’s wheels whiz underneath me as if to tell me to go faster. Though I am reaching speeds of 20 mph, my feet move in unison to carve down the road as if it were snow. The unavoidable problems that strangle every teenager are kept at bay by the wind flowing through my hair. Although you may not yet know what you want

Saturday, December 14, 2019

The Fraud of the Century Free Essays

Bernard Madoff was a creditable man that people trusted him with their money because â€Å"he created an image of power, trust and responsibility. † (Ferrel, 2013, p. 416) He was able to scam and scheme his investors from the early 1990s up until December of 2008 when his Ponszi scheme was discovered. We will write a custom essay sample on The Fraud of the Century or any similar topic only for you Order Now Over the course of a decade he was simultaneously running a legitimate business and earned his investors’ trust because he didn’t make any promises of unbelievable returns. He was a financial expert, served as chair on NASDAQ, and a seat on the government advisor board on stock market regulations. These titles have added to his creditability and people didn’t question him when they hand over their money. He wasn’t able to continue with his scheme and cover it up once the economy started collapsing in the late 2008. This was when his scheme was starting to expose because he wasn’t able to pay back his clients when they requested for their money back. March of 2009 he plead guilty to the charges and later in June 2009 he was sentenced to 150 years in prison. It’s amazing how he was able to pull the fraud of for so long without anybody questioning his strategy. As early as 1992, federal regulators were investigating Madoff and the investigation was dismissed because there was no improper trading practices found. In fact from 1992-2005, his business was continuously being interviewed and investigated, but no wrongdoing was found. In 2006, his business was registered with SEC and that’s when they found misleading behaviors and in 2008 there was an alert stating all his records maybe pointed to possible corruption. Even with the 2008 alert, the allegations were dismissed and no further investigations would happen. Finally in 2009, SEC received enough evidence to convict him of his fraud because two of Madoff’s investors filed a lawsuit against the SEC. The way he conducted business was unethical because not only did he mislead his clients but also he misled his friends and family. He was able to gain their trust and con his way through a long prosperous deceiving investment. People were guided and yet blind sighted by his character. Another unethical business transaction was using money from an illegal business to cover up the losses for his legal one. Not only that when he needed quick cash to try and save his scheme in 2008, he solicited and even  threatened some of his clients for more money to invest. This is an ethical issue because the clients felt guilty for not being a better client and investing more into this â€Å" privilege† and exclusive† investment opportunity. I think that Bernard Madoff was not operating alone. I think his family was somewhat suspicious and went along with the operation but did not know entirely what was going on. I think with their experience and knowledge, they should have questioned when Madoff chose to hire inexperienced and uneducated people to work for his investment management business. I think they chose to ignore the situation because of his high and respectable reputation. Also because he was family and they felt that he wouldn’t harm them. I think that in order to avoid this type of Ponzi scheme, an audit should be done every year along with any transaction of high value. Some type of documents and records of investments should be easily assessable for investors to follow and understand. Clients should be able to view their portfolio at any given time. How to cite The Fraud of the Century, Papers

Friday, December 6, 2019

Work Community Informal and Incidental Learning

Question: Discuss about the Work Community for Informal and Incidental Learning. Answer: Introduction: Different types of communities together make a blissful society. However, this society will only work properly if each of the communities maintains a social harmony both with each other and among themselves. One of such an important community is the Work Community that has a very influential impact on the society and wellbeing of the generation in New south Wales. Various positive outputs from a perfect work community help in developing the economy and financial status of a country. The entire individual community member should have the attitude for participating in a friendly relationship with each other so that a proper decorum of a WORK community is maintained (Surez 2015). Due to various problems that arise in such a community a smooth functioning of the entire work system may get hampered. These new issues that arise are to be immediate handles with a tremendous urgency so that further delays do not take place. So as a professional who takes a keen interest in participating as a solution provider, must involve oneself to look over the issues and subsequently solve them. A properly working community is important in the sense that it provides a financial hold of the nation in front of the world. Every working community somehow donates a portion of the success of the nation in the midst of the global market. Therefore, a peaceful working community is an urgent necessity. Moreover a good work community makes an individual happy where his work pressure is equally shared by his colleagues and excellent communication provides him confidence and the zeal to conduct his work (Massaro 2015). Challenges faced: A new set of issues are currently reported everday in the working community of New South Wales. People there face serious issues when they tend are not being able to communicate with their co-workers within the work community. This may be due to lack of common interest or might be because of unhealthy thinking of someone else's success, which might affect self-respect and confidence (Smith 2014). This kind of thinking might result in a claustrophobic condition where one might go through a period of depression and lethargy at work. Another issue often faced at work fields in New South Wales are the grudges that one might have against their superiors and bosses. This may include the boss's unreasonable demands at the work place. This might result in growing dislikes against the boss. This will give rise to a feeling of hopelessness against a job, and he may not be able to perform well. This, in turn, will create pressure on him, and the work community may become a nightmare for him (Marsick and Watkins 2015). One more issue that people in a work community might face is the issue of burning out where the individual loses the interest in his work. This might include a kind of situation where the individual feels that he is not being able to utilize his skills properly or the job is not right up to the mark of his expectation. He might have a better opportunity elsewhere where he can move on but could not do so because of liabilities. Lack of promotional offers from the organization also might result in a depression to an individual in working community. Handling issues: In the case of defensive co-workers, the work community will be at peace only when the handling of such people is done in a matured way. This might include giving or taking suggestions to them in a much respectful way so that they feel safe on the thought that they are not attacked. This might include providing fewer suggestions and more admiration for their work. In the working communities of New South Wales it is seen that bossy workers who are constantly on a spree to dictate and suggest ideas which are not at all required, there should be a direct message that their suggestions are not welcomed, and one is not interested either (Perminiene, Kern and Perminas 2016.). Needy workers also should be said not to throw away works and to perform the task independently. One should take the initiative to make the boss understand that throwing a pile of work on someone would result in a state where the work quality would be compromised. This should be done only in a direct and assertive tone so that the boss can understand and would try himself to change his way (Einarsen and Nielsen 2015). In a case of job burnout in various offices and organizations in New South Wales, one might try to find the cause and the root of the burnout. If it is due to boredom or due to loss of interests one might find ways to solve the issues by consulting with a professional who manages a work community. He can also involve himself into some fun workshops or similar such programs. He might speak with his managers to discuss the issues so that his work can be altered and conducted in a different way (Schaufeli and Salanova 2014). Desirable outcomes and goal settings: Goal: A particular person of a particular rank should be informed of the tasks he has to perform during the appointment. Any extra irrelevant talk should be avoided on the office floor to avoid further controversies and tension. No requests and commands should be entertained from colleagues unless ordered from management. Relation of the goal to challenges: Some very bitter experiences resulted in the necessity of altering certain forms and regularities. A certain person may face having to face bossy, defensive or needy colleagues who may become a source of tension every day. Hence, the above goal can be achieved to stop nagging and bossy colleagues. Reason: In community mapping of New South Wales, an individual follows this, he may save his back from unnecessary talks thereby saving his time and may cut out on colleagues who constantly ask for help. .He also can avoid any irrelevant conversation with colleagues of bossy attitudes (Bullying.humanrights.gov.au, 2016). Second goal: The second goal in community mapping would be achieved through maintaining a proper relation as well as a gap between the superior or the boss with the worker. Proper declaration of the worker at a proper time is very necessary (D'Arcy, Herath and Shoss 2014). Relation of the goal to the challenge An innocent attitude of the worker is sometimes mistaken by the boss to be his necessity and dominates him until his back touches the wall. This situation arises when he handovers even his work to the worker. Reason: A claustrophobic situation arises where the worker seems to break free but is not able to for fear of disappointing superior and losing the job. So a clear air should be present where the worker should fix up his commitments in front of his boss in such a way that either of the stakeholders is not affected. A clear no' backed up by proper reasons and a confident but sweet grin will help a lot (Holmes and Stubbe 2015). Third goal: The third goal to be set is to cut out the monotony of work at the workplace. Various activities like a quick chat with a colleague on common interests, a mini break for online shopping, a quick review of the planning of a weekend trip or even listening to music for a short time may help him to cut his monotony. Relation of the goal to the challenge: These would help them feel free without feeling burn out and will reduce the stress one might be facing continuously due to a heavy work pressure or lack of proper environment. Reason: In community mapping in New South Wales, a bit of fun sessions should be arranged by the management twice a week among the office hours for about 1 to 2 hours with mini competitions that will help them cheer and participate thereby breaking the monotony at work and refreshes their mind (Baldwin, Bommer and Rubin 2012.). Needs: During community mapping in New South Wales, an individual keen on changing the tensed situations of the communities in the following ways The entire community should be ascertained to follow certain rules that are needed to be implemented. The first need would be to clearly allocate each individual with their own specific task. This would prevent anyone to throw his work on other colleagues or even to a junior ( Cekada 2012). The second need would be not to entertain any misconduct or unprofessional behaviour. The breach of this would be followed by a penalty. This would prevent any bullying at work or even criticizing which will not hurt anyones sentiments and thereby a healthy working environment would be maintained (Perminiene, Kern and Perminas 2016.). The third need would be to form good relationships among the workers and so assign them with various kinds of group tasks. These would result in reducing grudges and promoting unity. The fourth need would be to arrange for some fun sessions by the management so that the workers do not feel bored and may carry their work with interests. A fifth need is that a complaint box should be installed so that the management can handle the disappointments of their work employees and alter their attitude towards it. Prioritizing needs: All the above mentioned requirements are to be discussed entirely in a meeting with the management and the board of directors showing the positive effects that would bring to the work field. In an organization, an individual will not be able to bring a huge change. For that, everyone has to have a positive mindset of changes along with the organization heads. As an individual one would try out best to maintain a social harmony among colleagues and try best to solve issues among them without mingling in personal issues (Le, Donnellan and Conger 2014). An argument can be handled by making the participants think logically. IF that does not work, alternative processes should include counseling them individually and try to make them understand the effects it is having on the work floor. When employees would be happy, the organization will reach the peak of success and will make New South Wales a leading state in Australia. Conclusion: From the above report, one can assess the various difficulties an individual may face at the working place. which is quite frequent in New South Wales. The various issues among colleagues, harassments by bosses and burnout are some of them. All the issues are to be handled gently without disappointing anyone. The management should also try to consider the problems faced by the workers and act accordingly. Various needs are to be recognized and implemented. Not only the management but each and every individual needs to be positive (Hombrados-Mendieta and Cosano-Rivas 2013). These would help every stakeholder to raise the zenith in life. References: Baldwin, T.T., Bommer, W.H. and Rubin, R.S., 2012. Managing organizational behavior: What great managers know and do. Bullying.humanrights.gov.au. (2016). Bullying | everyone, everywhere, everyday. [online] Available at: https://bullying.humanrights.gov.au/ [Accessed 22 Sep. 2016]. Cekada, T.L., 2012. Training a multigenerational workforce: Understanding key needs learning styles.Professional Safety,57(03), pp.40-44. D'Arcy, J., Herath, T. and Shoss, M.K., 2014. Understanding employee responses to stressful information security requirements: a coping perspective.Journal of Management Information Systems,31(2), pp.285-318. Einarsen, S. and Nielsen, M.B., 2015. Workplace bullying as an antecedent of mental health problems: a five-year prospective and representative study.International Archives of Occupational and Environmental Health,88(2), pp.131-142. Holmes, J. and Stubbe, M., 2015.Power and politeness in the workplace: A sociolinguistic analysis of talk at work. Routledge. Hombrados-Mendieta, I. and Cosano-Rivas, F., 2013. Burnout, workplace support, job satisfaction and life satisfaction among social workers in Spain: A structural equation model.International Social Work,56(2), pp.228-246. Le, K., Donnellan, M.B. and Conger, R., 2014. Personality development at work: Workplace conditions, personality changes, and the corresponsive principle.Journal of personality,82(1), pp.44-56. Marsick, V.J. and Watkins, K., 2015.Informal and Incidental Learning in the Workplace (Routledge Revivals). Routledge.: Massaro, T.M., 2015. Significant Silences: Freedom of Speech in the Public Sector Workplace. Perminiene, M., Kern, R.M. and Perminas, A., 2016. Lifestyle, Conflict-Solving Styles, and Exposure to Workplace Bullying.Swiss Journal of Psychology. Schaufeli, W.B. and Salanova, M.A.R.I.S.A., 2014. Burnout, boredom and engagement at the workplace.People at work: An introduction to contemporary work psychology, pp.293-320. Smith, F.J., 2014.Organizational Surveys: The diagnosis and betterment of organizations through their members. Psychology Press. Surez, S.A., 2015, January. Effects of spirituality in the workplace. InAllied Academies International Conference. Academy of Organizational Culture, Communications and Conflict. Proceedings(Vol. 20, No. 1, p. 9). Jordan Whitney Enterprises, Inc