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Mindmap

Contemporary Business

TimTim LSGI4212 Geomatics Business Management Undergraduate Englisch 5,0Durchschnittliche Bewertung 5,0 von 5 (1 Bewertung)

Mind map about contemporary business: profit seeking, economy, global market and ethics

Mind map: contemporary business

Inhalt der Mindmap

Contemporary Business

  1. Business

    • Profit Seeking Activities
    • Provide Goods and Services
    • An Exchange between Buyers and Sellers
  2. Changes

    • Economy
      • Globalization
      • Crisis
    • Technology
      • Internet
      • Apple
      • Wireless
      • GPS
      • Taobao
    • Human Behavior
      • Texting instead of talking
      • Purchasing behavior
      • Going green
    • Environment
      • Global warming
      • Extreme weather
    • Political
      • Raising of third world countries
      • Collapse of USSR
      • European Union
  3. Issues

    • Managing the Technology Revolution
      • Streamline production
        • From French Industrial Revolution
        • To Globalized Virtual Production Network
      • Creating new opportunities for organizational efficiency
        • No limit to where business can be conducted
      • Technology
        • Positive impact
          • Email to increase speed of communication
        • Negative impact
          • Contact lens vs eye glasses
          • Email vs letter
      • The Internet
        • Faster, more direct, no physical barrier, reduce cultural barriers
          • Direct purchase (buyers)
            • Interactive relationships between businesses and customers
            • Find their suppliers all over the world
          • Expand to unreachable market (sellers)
            • Not just limited by geography
            • Expose to huge community of prospective cusomers
        • New business ecology
          • Revolutionized traditional business
            • Online retail
            • Online game
            • Online services
          • New business ideas
            • Search engine
            • Social website
        • Marketing channels
          • E-marketing
            • Email
            • Website marketing
          • Video marketing
            • YouTube
          • Peer sharing via social networking
            • Facebook
            • Twitter
      • Wireless communication
        • Anytime, anywhere
          • Not just in office, also on street
        • Combine with GPS, location based technology
          • Knowing you are here
          • Location based services
        • Improve efficiency
          • Instant job status reporting
          • Find nearby customers
    • From Transaction Management to Relationship
      • Sellers and buyers
        • Transaction management
        • Relationship management
        • Nurture customer loyalty
          • Reduce sales cycle
          • Avoid price discounts
          • Get customer referrals
        • Technology played a role
          • Email updates of latest products
          • SMS confrontation of order
          • Facebook promotion
      • Strategic alliances and partnership
        • A partnership formed to create a competitive advantage
        • Most widely reported strategic alliances
    • Creating Value through Quality and Customer Satisfaction
      • Value
      • Quality
        • Degree of excellence
        • Durability, performance, reliability
      • Customer satisfaction
    • Competing in a Global Market
      • sourcing
      • production
      • sales
      • Economic globalization
        • Market and sell goods everywhere
        • Purchase, assemble, shipping worldwide
        • Material cost and quality, labor cost, government regulation, transportation infrastructure, etc.
    • Developing and Sustaining a World-Class Workforce
      • Why?
        • Foster strong ties with customers and partners
        • Capable to compete in global markets
        • Brainpower of employees
        • Knowledge development of employees
      • Workforce Trend
        • Aging population
          • Teenagers are entering the workforce soon
          • Seniors are staying longer
          • Move seniors are having second career after retirement
        • Shrinking labor pool
          • Immigrants
        • Increasingly diverse workforce
          • Workforce m the diverse culture, ethnics
        • Changing nature of work
          • Manufacturing -> technologies -> services
        • New Employer-employee Partnership
          • Employee owned company
    • Wanted: A New Type of Manager
      • Intelligent, highly motivated
      • Direction
      • Intelligent
      • Leader
    • Managing Ethics and Social Responsibility
      • Business ethics
        • Poor
        • Strong
      • Social responsibility
        • Vision
        • Action
  4. Key Factors Affecting Business

    • Technology
    • Human Behavior
      • Relationship era

Informationen

Beschreibung
Issues of Contemporary Business
Erstellt von
TimTim
Aufrufe
184
Tags
businesseconomicsgeomatics
Bewertung
Durchschnittliche Bewertung 5,0 von 5 (1 Bewertung)

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