Wednesday, 23 October 2013

An Important announcement...

Hello Friends,

I, Tanmay Naik, will solve all your queries and revise the entire syllabus again after your first paper.
Hopefully, I will see you all by 12:30 pm at the college in our regular class room.
I will be waiting for you all and I will be explaining Time Management and Goal Setting too while revising the entire syllabus for tomorrow.

Your valuable and genuine suggestions and problems are welcome.

Yours,
Tanmay Naik
Hello friends,

I hope these will do for your exam tomorrow.
Netiquettes, Presentation Skills, paralanguage and body language are their in your book.
I, personally, wish a very good luck to all of you.
All The Best and Enjoy the Exam.

Yours,
Tanmay Naik

Business Etiquettes


Ours is a country full of multiculturalism. People have their different ways of dealing with people. Specially Business people are mixed class who follow some of the formal ways of Etiquettes in Business communication.
 1. Meeting and Greeting: Meeting and Greetings differ according to age, position and caste too at times. Normally, people close their palms under their chin and bow down as a matter of respect for elders. They may bow down to their superiors also as a matter of respect.

 2. Names and Titles: Use the last name of a person after using Mr or Miss. If the person, academically, have acquired some doctoral degree, then he/she should be called with the specific title.

 3. Business Attire: A male is expected to wear a formal plain or single lined yet bright colour shirt and a dark trousers. Suit is also expected but at times some light weight blazer can do. For a lady, both types, western formal and Indian formals are expected. Western formals, a shirt with a trouser and an Indian formals i.e. a salwar suit must resemble formal and a saree.

 4. Dining and Entertaining: Normally, it is a trend that in the name of business meeting, clients are offered Business lunch. Business lunch allows a bit of informality in a business meetings. Business lunch creates the company's status and allows a bit freedom of interaction. If the business communication continues till late evening then it is expected that the host company schedule the dinner at the boss's place or some where out. For the entertainment purpose, the client may like to have some drinks or some travelling around or a glance to cultural objects to entertain themselves.

 5. Business Cards: It is always expected that after the lunch or business meetings, both parties offer their business card with their right hand and name should be read clearly up.

Business Ethics

Ethical principles and standards in business:
Define acceptable conduct in business
Should underpin how management make decisions
An important distinction to remember is that behaving ethically is not quite the same thing as behaving lawfully:
Ethics are about what is right and what is wrong Law is about what is lawful and what is unlawful An ethical decision is one that is both legal and meets the shared ethical standards of the community
Businesses face ethical issues and decisions almost every day – in some industries the issues are very significant.
For example: Should businesses profit from problem gambling? Should supermarkets sell lager cheaper than bottled water? Is ethical shopping a luxury we can’t afford? You will probably note the link between business ethics and corporate social responsibility (CSR).
The two concepts are closely linked: A socially responsible firm should be an ethical firm An ethical firm should be socially responsible However there is also a distinction between the two: CSR is about responsibility to all stakeholders and not just shareholders.
Ethics is about morally correct behaviour.
How do businesses ensure that its directors, managers and employees act ethically?
A common approach is to implement a code of practice. Ethical codes are increasingly popular – particularly with larger businesses and cover areas such as: Corporate social responsibility Dealings with customers and supply chain Environmental policy & actions Rules for personal and corporate integrity
 Some more Business Ethics that you can elaborate are,
Social Ethics,
Legal Ethics,
Environmental Ethics.

Time Management as a Soft Skill