Business Management

Business Management

The implications of entrepreneurship and small business management are various. For instance, the mental block that people acquire over the years needlessly thwarts creativity, these are the belief that there’s one right possibility only, and an obsession with rationality. What could be perceived as antisocial characteristics such as pathological rigidity, refusal to ever relax and excessively narrow scope can have isolating effects.

While poets that live d’amour et d’eau fraiche may be the dream of an idealistically inclined philosopher, overvaluing practicality by placing it above all else could also be less than conducive to artistic idea flourishing.

The whole branch, or pseudo-branch depending on one’s views, of positive psychology is built on the constructive power held by encouraging thoughts and assurances. As can be understood from the previously mentioned paper, some of the negative barricades stopping originality are:

•     Fear of uncertainty
•     Timidity, insecurity
•     Fear of failure
•     Disparaging self

The above greatly hinder creative expression. But all is not lost, problems viewed as thrilling challenges are more pleasant to ponder on. By the same token, the following may counterbalance the drawbacks:

•     Welcome diversity
•     High expectation and standards
•     Thick skin
•     Inquisitiveness
•     Learning & skill enhancement
•     Supportive environment

In the professional environment, when target sales are pressing, ways to achieve goals come in handy.

Behaviour modelling techniques include reward, negative reinforcement, punishment and extinction. Knowledge management (KM) ideology helps organize in order to ensure external and internal resources such as fresh information, for example daily news.

Confidence and belief in self are critical for success, still according to Zimmerer & Scarborough (2011). Journalizing entries regularly and frequently, as well as remaining confident is recommended. Remembering the old adage ‘when you’re wrong – you learn’ may also be of service.

The contributions of one’s professional and personal social circles bring the uttermost value. Many massive works are a collaborative process altogether.

Joseph (2011) elaborates on e-business management. Communications rank highest on the priority list, due to the bases of e-business. Pop (2009) talks about the role of information technology (IT) in international business management. She reminds the reader about computer models that facilitate forecasting and other computations. Thusly, information systems would save the company money, while at the same time raise quality of products and customer service.

Yuen (2011) relates of the e-business strategy for small to midsized enterprises (SME) for supply chain management (SCM). The other two kinds within the framework are knowledge management (KM) and product development management (PDM).

Space Usine. In every business, in every industry, management does matter. (Michael Eisner). Photo: Megan Jorgensen (Elena)

References:

Joseph, K.O. (2011). Integrated marketing communication: A catalyst for the growth of e-business management. The Social Sciences, 6 (2): 64-73.

Pop, C. (2009). Information systems for international business management. Management & Marketing, 4 (4): 27-34.

Yuen, M. W. C. (2011). E-business strategy and application in supply chain management by New Zealand SME wholesalers. Master of Business (MBus) Thesis. Auckland University for Technology, Faculty of Business: 1-194

Zimmerer, T. W. & Scarborough, N. M. (2011). Essentials of entrepreneurship and small business management. Pearson, Prentice Hall: Upper Saddle River, NJ.