PROBLEMS IN BUSINESS .

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About This Presentation

These issues are generally negative for the business perspective and to  gain a positive aspect for the future.


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PROBLEMS IN BUSINESS (CASE STUDY) Company Name: Home Of Dissertations Website: https:// www .dissertationhomework.com Contact Number: +44 7842798340 CONNECT NOW

PROBLEMS IN BUSINESS

Introduction A business always comes with some issues and problems that are to be overlooked easily in this paper. These issues are generally negative for the business perspective and to  gain a positive aspect for the future. These issues are globalization, price, profits, Market values are to be gained and thus these issues are to be resolved in this scenario.

Issues in business Business and market value are various times being affected by the risk that is faced.  These are generally referred to as issues in business.  These issues are required to be encountered properly so that business can be processed properly and a good infrastructure can be gained easily. https://365itsolutions.com/wp-content/uploads/2016/11/Cybersecurity-is-not-seen-as-a-business-issue.jpg

Types of Issues in business Uncertainty Globalization Innovation Technology 5) Diversity and complexity https://i.ytimg.com/vi/ywxf47dBZtA/maxresdefault.jpg

Uncertainty It is uncertain and any downfall in business can be encountered easily. • Uncertainty can be seen regarding: a) competitors in the market in the same profession. b) economy of the country  c) market values and the business structure that is seen in this phase. https://myventurepad.com/wp-content/uploads/2016/08/uncertainty.jpg

Types of uncertainties Cost uncertainty can be seen. a) Uncertainty regarding the cost of manufacturing and production. b) Different products cost are generally uncertain in nature Uncertainty of labor or inefficient labors. a) Their efficiency and working skills are uncertain for the organization. b) No cooperation by the employees is an uncertainty. Uncertainty of profit or the gains that can be made. a) Cost and revenue are uncertain. b) Its not sure for the business. Uncertainty of demands and gains for products. a) decision making and strategy becomes uncertain b) Management and demand table preparation is seen uncertain. Environmental uncertainties and uneven climatic condition. a) Natural calamities can cause a huge downfall for the business. Uncertainty regarding price of goods and income.

Globalization New foreign culture and establishing a new business can be a milestone.  Designing and gaining a new business structure so that  a good competition can be established here. Tariffs and extra VAT that are imposed can be an impactful one for the business. A proper team member as well as human resources are required for running the organization properly. https://3.bp.blogspot.com/-JJKwSENprIA/UOcCBlYQFcI/AAAAAAAAAFM/k6ECsLLmNGY/s1600/globalisierung_dimensionen.gif

Innovation Innovative and new ideas are required or else tasks cannot be enhanced in future. Big innovations are seen for the struggling companies. Employees  are motivated and inspired by this methodology. No customer connection. A collaborative team work is required in this case for the good business structure. https://sustainability.com/wp-content/uploads/2013/09/normal_business_model_innovation_500.jpg

Technology Tools and technologies are required for gaining good business structure. Next generation technology is required for the competitive advantage. Governance and management of risk are seen over here. Management of resources and infrastructure is possible through this process. https://myessaypoint.com/wp-content/uploads/Importance-Of-Technology-In-Business.jpg

 Diversity and complexity Diversity establishes disagreement between the group regarding any topic. Economy is seen to be complex in nature. A narrow view for leadership and other qualities can be seen here. https://lh3.googleusercontent.com/proxy/G8Nbk76FaNeGRO1NfsWUA5qfJqUEMlzahLf9HaiBVhGsmRPaPjYQRg_nPP2xq3ShO_NoehRY6AXCE-elyExz_R6Qvy7mYKyLjxV6lD9Pg-GppQ

Potential solutions Planning Time management A good team  Cash flow arrangement A good analysis for competition https://lh3.googleusercontent.com/proxy/aPiKXt02afyYghnKWxS3smh-SY45eHH6i8M4fC9JsD1VoOgCtANtVZkctZKH6RDwx7s2TbKlIfHkDEJe

Personal View on those business problems It can be understood that all organizations require a good business infrastructure. A good management and strategies are easily seen to be followed in the business issues that occur. As described the issues such as labor, globalization and uncertainties and various others are highly required to be handled in the organization. Not keeping up with the new market can be an issue for the organization. Cash flow can be the constraint and can be an essential one for the barrier of growth and raise of business. Systems and the enabling of new technology can be useful one for the company to gain a good structure here.  Inefficient and unskilled labor are not required for the organizational and business.  

Conclusion Thus it can be concluded that the business comes with various issues and risks in the organization. These issues are generally in all the parts such as globalization, employee, time management and various others and are required to be focused on them properly. The solution regarding these issues are discussed here  in this paper.

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