MY ENGLISH BUSINESS BLOG

 ASSIGNMENT 14: Resource Management  NAME: Cinthia Segura Pérez NUA: 117494 1.      What is Resource Management? Resource management is responsible for ensuring the optimal use of the resources allocated to a project, as well as planning what type of resources will be needed, in what quantity, and what will be cost. All this to ensure good profitability in the project.   2.      Mention what is the importance of Resource Management in business. Resource management ensures the profitability and sustainability of a company. Some important aspects are: ·        Minimize project resource costs significantly Managing resources allows you to analyze many suppliers regardless of where they are in the world so that you can search for those whose cost is cheaper and thus save resources. ·        Improving effective/billable resource utilization Allows to carry out greater control of...

 ASSIGNMENT 12: Human Resourses  Name: Cinthia Segura Pérez NUA: 117494 Define Human resources. It is a division of the organization that is responsible for finding, selecting, recruiting, and training employees. What is the role of human resources? Define in detail. They are responsible for protecting the integrity of employees against problems, as well as helping them, offering them benefits and others. He makes sure to manage a good relationship between the company and the employees. What is Capital? Capital are all those assets that generate value for the company, not just money. These assets can be tangible or intangible, such as employees, machinery, cash, brand recognition, among others. In your opinion, is human resources necessary? Explain. Of course, because many companies have very marked hierarchies, so that when a problem arises between a director and an employee, the latter does not act out of fear and/or lack of knowledge, so this department serves as an interme...

 ASSIGNMENT 10: MANAGEMENT vs ADMINISTRATION Student’s Name: Cinthia Segura Pérez Nua: 117494   What are the key differences between management and administration? Explain each of them in detail. Administration and management are two different concepts that complement each other so that without the existence of one it is not possible to perform the other. Management focuses on managing people and their work, while administration deals with managing the management of an organization. According to the video: ·        EXTENT DIFFERENCE “Management is exacting the discharge of policies” “Administration is exacting the assurance of primary policies and objectives”. This means that the administration is in charge of determining what the policies and objectives will be, while the management is in charge of ensuring that the above is complied with. ·        WORKING AREA “Management is a low and mid-ranker function, but the ad...

 ASSIGNMENT 9: DEFINITIONS Name: Cinthia Segura Pérez NUA: 117494 Administration Provide a definition of administration. The administration is to bring control and monitor an activity or an organization, as a company. Concepts of Administration Basically, the administration is in charge of analyzing and correcting the operation of a company, organization, activity, etc . Universal functions in Administration ·        Planning How the work will be carried out. ·        Organizing Roles and responsibilities to be performed by each person or group of people. ·        Commanding A person who will monitor and control those activities are being carried out correctly. ·        Coordination Make sure everyone is doing activities correctly. ·        Control Review how the organization is working to correct errors.   Business Define Busine...