bussines online discraption
Looking for an Online business course? From starting your own business to time management training, from courses in leadership skills to interviewing techniques and from business strategy courses to call center training -- look to WorldWideLearn for trusted access to online training in a wide variety of business and small business topics.
Being successful in the business world means having a broad range of up-to-date business skills. Project management, marketing and sales training are traditional areas of skill development, but how are your "soft" skills? Business writing, conflict management, negotiation and stress management are some of the many important soft skills a business person needs to succeed in today's marketplace.
As fun as it may be, taking a couple of days off for a corporate seminar is not always feasible, and virtually impossible for the small-business owner. Taking business courses online saves time and money and gives you the opportunity to learn at your own pace. Browse the wide range of courses available and develop that competitive edge you need for continued success.
What's Online Learning Like?
Learning online is highly engaging and offers many opportunities for interaction with both fellow students and faculty members.
The best part of online learning is the relevancy: you can learn a new topic immediately instead of waiting for a seminar to come to town or the local community college to offer a course.
You and or your staff can get "just-in-time training" for a fraction of the cost of traditional classroom learning.
What You Should Look For
There are many factors in evaluating an online course or program. You'll need to look for the delivery method and budget that best suits your needs. Online learning also requires a certain amount of self-discipline, so you may want to look at your particular learning style.
Technical economies are when businesses are able to benefit from improved techniques involved with large scale production. For example, a company like Gillette or BIC operate with very large modern factories using automated production technology. The result of using these technologies is that costs of production are reduced significantly while quality control is kept to a very high level with virtually zero defects.
Managerial economies of scale involve these firms in employing skilled production managers with the experience of working with modern technologies enabling them to manage highly sophisticated state-of-the-art factories.
Risks spreading economies of production mean that plants are able to produce a wide variety of products. For example, in a modern confectionery plant run by Cadbury Schweppes, it is possible to switch part of factory capacity from lines where demand is falling, to lines where demand is rising through well organised production management.
By growing a business so that it operates on a large scale it is possible to benefit from a variety of production economies of scale. These economies enable large scale production at much lower costs per unit than would be possible in a small plant.
Economic growth is important if businesses are to grow and prosper. It relates to growth in the output of the economy as a whole. Growth is measured as the change in the gross domestic product (GDP) of a country over one year. For comparisons over time this figure must be adjusted to allow for inflation and the resulting value is called \'real growth\'. Over time real economic growth leads to major improvements in living standards, expanding existing markets and opening new ones. The real economic growth of one country relative to another is an important indicator of business opportunity.
Economic growth depends on productivity and investment: using existing resources more efficiently and investing in new resources. Success in this process generates increased incomes which then fuel demand and encourage further economic growth. This cycle can, however, work in the reverse direction, as falling demand may lead to under-used resources and investment cutbacks. In comes may fall further in a spiral effect.
When a business enterprise is setting objectives and strategy for the future, economic growth is a vital factor to consider. Firms with products that are necessities are much less affected by the upturns and downturns of economic growth. Supermarkets make a good example, although even they expand and contract their \'value\' and upmarket brands according to economic conditions.
But firms selling luxuries are much more sharply affected by changes in economic growth. Home furnishings, restaurants, holidays and cars are all types of product where economic growth is a critical factor when setting business plans.
Looking for an Online business course? From starting your own business to time management training, from courses in leadership skills to interviewing techniques and from business strategy courses to call center training -- look to WorldWideLearn for trusted access to online training in a wide variety of business and small business topics.
Being successful in the business world means having a broad range of up-to-date business skills. Project management, marketing and sales training are traditional areas of skill development, but how are your "soft" skills? Business writing, conflict management, negotiation and stress management are some of the many important soft skills a business person needs to succeed in today's marketplace.
As fun as it may be, taking a couple of days off for a corporate seminar is not always feasible, and virtually impossible for the small-business owner. Taking business courses online saves time and money and gives you the opportunity to learn at your own pace. Browse the wide range of courses available and develop that competitive edge you need for continued success.
What's Online Learning Like?
Learning online is highly engaging and offers many opportunities for interaction with both fellow students and faculty members.
The best part of online learning is the relevancy: you can learn a new topic immediately instead of waiting for a seminar to come to town or the local community college to offer a course.
You and or your staff can get "just-in-time training" for a fraction of the cost of traditional classroom learning.
What You Should Look For
There are many factors in evaluating an online course or program. You'll need to look for the delivery method and budget that best suits your needs. Online learning also requires a certain amount of self-discipline, so you may want to look at your particular learning style.
Methods of growth, economies of scale
Businesses can grow either organically i.e. through internal growth where profits are ploughed back into the business, or through external growth such as through take-over or merger with another business e.g. when Cadburys and Schweppes joined together. Growth enables a business to benefit from economies of scale with profound implications for the economics of production.Technical economies are when businesses are able to benefit from improved techniques involved with large scale production. For example, a company like Gillette or BIC operate with very large modern factories using automated production technology. The result of using these technologies is that costs of production are reduced significantly while quality control is kept to a very high level with virtually zero defects.
Managerial economies of scale involve these firms in employing skilled production managers with the experience of working with modern technologies enabling them to manage highly sophisticated state-of-the-art factories.
Just-in-time
Commercial economies are concerned with the purchase of stocks (and the selling of end products) using a large scale approach. Modern production plant are able to operate using components and materials that are purchased just-in-time for their use. The production line is managed at the speed required to meet the needs of end consumers just-in-time. Because companies like BIC and Gillette use mass production techniques they are able to operate their plant at high levels of capacity, while benefiting from bulk purchasing of components, equipment and materials.Risks spreading economies of production mean that plants are able to produce a wide variety of products. For example, in a modern confectionery plant run by Cadbury Schweppes, it is possible to switch part of factory capacity from lines where demand is falling, to lines where demand is rising through well organised production management.
By growing a business so that it operates on a large scale it is possible to benefit from a variety of production economies of scale. These economies enable large scale production at much lower costs per unit than would be possible in a small plant.
Economic growth is important if businesses are to grow and prosper. It relates to growth in the output of the economy as a whole. Growth is measured as the change in the gross domestic product (GDP) of a country over one year. For comparisons over time this figure must be adjusted to allow for inflation and the resulting value is called \'real growth\'. Over time real economic growth leads to major improvements in living standards, expanding existing markets and opening new ones. The real economic growth of one country relative to another is an important indicator of business opportunity.
Economic growth depends on productivity and investment: using existing resources more efficiently and investing in new resources. Success in this process generates increased incomes which then fuel demand and encourage further economic growth. This cycle can, however, work in the reverse direction, as falling demand may lead to under-used resources and investment cutbacks. In comes may fall further in a spiral effect.
When a business enterprise is setting objectives and strategy for the future, economic growth is a vital factor to consider. Firms with products that are necessities are much less affected by the upturns and downturns of economic growth. Supermarkets make a good example, although even they expand and contract their \'value\' and upmarket brands according to economic conditions.
But firms selling luxuries are much more sharply affected by changes in economic growth. Home furnishings, restaurants, holidays and cars are all types of product where economic growth is a critical factor when setting business plans.
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