Development of human capital in organizations

The human capital can be described generally as the set of real and potential talent available to an organization and its relationship with organizational learning aspect that plays an important role in decision-making of many leaders in planning strategic objectives. The collective character that knowledge takes on when the organization encourages the development of people … Read more

What is a strategy and how is it developed?

Introduction: Strategy The concept of strategy originated in the military field. It is probable that the first text on the subject is “The Art of War”, by Sun Tsu (1963) written approximately in the year 500 BC. The word strategy comes from “strategos” which is Greek for general. In this field it is defined as … Read more

Administrative processes – Elements of the Administrative Process

INTRODUCTION. The administration is focused on achieving all the established objectives and to achieve this it does so through a structure through coordinated human effort and other resources. Administration processes have been established that are made up of planning, organization, direction and control which simplify the work by establishing principles, methods and procedures to achieve … Read more

Administrative Communication and its importance in Companies

administrative-communication-and-its-importance-in-companies

It is important to know that for companies to function effectively, it is necessary for information to flow quickly, just as it is also necessary to define the type of information that the manager needs, depending on the situation that is developing. In this sense, there is administrative communication, defined as the two-way process where … Read more

Administration role in organization

administration-role-in-organizations

Administration role: Administration is known as the space where a set of common actions or operations take place regardless of the specification of the managed object. The set of operations and the sequence in which they are carried out is what is called the administrative process. The administrative process is understood as the set of … Read more

The importance of Business Administration

importance-of-business-administration

What is meant by administration? The coordinated effort of a social group to obtain an end with the greatest efficiency and the least possible effort. Henry Sisk and Mario Sverdlik say: “It is the coordination of all resources through the process of planning, direction and control, in order to achieve established objectives.” Robert F. Buchele: … Read more

The importance of Sustainable Development

sustainable-development

Sustainability is of great importance since it is the total efficient and rational administration of all resources, so that it is possible to improve the well-being of today’s society without compromising the quality of life of future generations. One of the main challenges Mexico faces in terms of sustainable development is to include the environment … Read more

Distribution Channel Structure

A distribution channel structure relates to the system used by a company to deliver goods and products to consumers. There is a mix of options, from direct direct to indirect distribution channels. There are four important factors have been identified as those that make up the structure of a company’s distribution channel. These factors are: … Read more

Elements of an effective system in the human resources department

The most valuable tool for workforce management is a well-built human resource endowment system that meets the needs of your company and workers. An effective HR personnel system consists of much more than technology, the human part is equally important. The goals of an HR system are to recruit great talent, develop and retain existing … Read more

What are the objectives of purchasing management?

The materials management is necessary for any company. Having a well-equipped headquarters with the right office equipment and supplies is essential for the operation of the sales department. Having an inventory with quality raw materials is related to optimal and efficient production; and the acquisition of products and services at reduced costs has a positive … Read more

Ways to organize files

File organization is a way of organizing data or records in a file. It does not refer to how files are organized into folders, but how the content of a file is added and accessed. There are several types of file organization, the most common are sequential, relative and indexed. These differ in the ease … Read more

What is an environmental analysis for a business?

If you have ever heard the term environmental analysis within your work area, you will ask yourself what is an environmental analysis for a business ? This is relatively qualitative and consists of the identification and analysis of the environmental variables that affect the company. Additionally, some environmental analysis frameworks have received a great deal … Read more

Abbreviations for Nurse Practitioners

The abbreviations for nurse practitioners have the function of optimizing communication within a work team, in order to increase speed and effectiveness. It is important to bear in mind that in the different professions metalanguages ​​and specialized abbreviations are used, to have a conceptual framework that allows to streamline processes within processes in related areas. … Read more

How to prepare training manuals

A training manual is one of the best resources for the instruction and improvement of the human capital faculties of a company. The manuals or training protocols allow not only the training of new personnel, but the training of senior staff in new programs, systems or functions. A self – taught and trained staff increasingly … Read more

The disadvantages of Pareto analysis

The Pareto chart is based on the research of Villefredo Pareto. He found that roughly 80 percent of all the wealth in the Italian cities he investigated was owned by only 20 percent of families. The Pareto principle has been found to apply in other areas, from economics to quality control. However, Pareto charts have … Read more

Definition of business development

If you are immersed in the world of SMEs, you must be clear about the definition of business development. Knowing this will allow you to focus much better on the objectives of your company to contribute to its growth and positioning within the market. Notes on the definition of business development When we talk about … Read more

Definitions of net sales and gross sales

Net sales and gross sales are variables defined from the total sales volume, the differences are really subtle but substantial between the two. Before going into the matter between what one and the other are, it is important to emphasize that these variables are simply measurement elements in financial accounting. And at no point do … Read more

Organizational structure of a Restaurant

Discipline, meticulousness, extreme asepsis, attention to detail, elegance, protocol and good service, accompany the capacity and the kitchens of the best restaurants. All this level of demand requires that the organizational structure or administrative structure of a restaurant be clearly defined and with precise and fully executed functions by each of its members, from the … Read more

What are the characteristics of print media?

The print media are traditional magazines, newspapers or newspapers and even books and encyclopedias. The first two, the most common, are information and advertising media. They all go through an editing and printing process. These printed means of communication are a legacy of antiquity, since millenary cultures disclosed their life, laws and customs in codices, … Read more

What is the organizational structure of a hotel?

The organizational structure of a hotel is a comprehensive plan of the hotel owner to define departmental activities and responsibilities. This structure puts order in all aspects of the establishment’s operation, from reception and room service to the human resources department. Organizational structures for a hotel are necessary to ensure maximum profitability from each room, … Read more

How to calculate effective capacity and efficiency

The effective capacity and efficiency are two measures used to evaluate the performance of a company at the level of its production operations, storage or receipt of goods and services in a given period of time. In itself, effective capacity is a way of expressing the level of use of the company’s installed capacity, that … Read more

The Five Marketing Principles

The five marketing principles include what is commonly known as the four Ps, plus another 5th: product, price, promotion, place and people. The marketing industry dictates that without these elements, a complete and effective marketing plan is impossible. To ensure success in any business, a mix of these five principles must be understood and carried … Read more

How to calculate the 20% discount?

The discounts on the price of an item is a type of sales promotion traditional and very effective if properly planned. The immediate purpose of a commercial discount is to boost the sales of a certain product or service, a discount also allows to increase the client portfolio, make inventory management and the operating cycle … Read more

Application of regression analysis in business

Linear regression analysis is a method of analyzing data that has two or more variables. By creating a “best fit” line for all data points in a two-variable system, the values ​​of y can be predicted from known values ​​of x. Linear regression is used in business to predict events, manage product quality, and analyze … Read more