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Business Etiquette

When it comes to etiquette, many people may think of politeness, courtesy, and other likes. Chinese think that etiquette is the common behavior standards that all members should obey, whose purpose is to keep the normal living order of the society. Business etiquette is fundamentally concerned with building relationship which is founded upon courtesy and politeness between business people.

From different angles, business etiquette refers to different characteristics, which include regularity, credibility, time opportunity and culture reflecting.

First, regularity

From its accommodating scope, business etiquette refers to the norms which regulate the people who are involved in different business activities of product flowing process, which differs from other etiquettes.

Second, credibility

From the content of business etiquette, as long as people working for business activities, the interests of both parts are involved necessarily, instead of a single parts interests. Therefore, honesty and integrity is crucial in business activities. Honesty in business etiquette refers to participating business activities sincerely as to reach agreement instead of exaggerating without actions. Credibility means once you have promised, you should keep your promise. Once signed a contract, you must perform the appointment. If something unexpected happens and you cant accomplish it on time, you should try your best to make up for it.

Third, time opportunity

The occasion of commercial affairs is very strong. When the golden time is over, the precious chance is lost. Sometimes, in business activities, if what you have done is just right, the problem will be readily solved. Sometimes, if the business person is too insistent on his own opinions, the deal can rarely be closed.

Fourth, culture reflecting

From the nature of business etiquette, although business activities are a kind of economic activities, they reflect different culture in a large part. The persons engaging in the business activities should be civilized, elegant and polite so as to establish good image among others.

Abiding by norms of business etiquette will make the interpersonal communication much easier and condense the emotions so that the mutual trust, mutual respect and cooperative relationship could be established accordingly.

How To Manage A Catering Business Real Life Skills For Success

You have a dream of starting and managing your own catering company. You have the drive and a flair for cooking delicious food that is to die for! Now you are doing research about how to run a catering business and you are thinking about if you really have what it takes to manage your own catering business.

As a small business owner, you will have more responsibility and work longer hours than you did as an employee. It’s almost impossible to truly separate your personal life from you business life. Running a small business is a lot of hard work and far more than just a full time job — it’s a lifestyle.

One part of your job will be getting clients and then the second aspect is preparing for and managing the catering job itself. Once the job is booked, there are a lot of details and organizational skills required in order to complete any catered event.

First you will need to get the event basics from your client: What type of event is it? How many people are expected? How formal or casual is the meal? Does the client have a theme in mind and know exactly what type of food they would like to have served? If not, you will be expected provide appropriate menu suggestions based on the event and the client’s budget.

For larger or more formal events, clients usually request a “tasting” to sample the items from the proposed menu. The client is expecting to not only sample the food, but to see the caterer’s presentation skills.

If you and your client are in agreement about the menu, this will be a wonderful experience for both of you. However, some times the food or menu does not match the client’s expectations or perhaps the client has simply changed their mind. Either way, having a few alternative suggestions is always a great idea, plus your client will feel secure in both your abilities as a caterer and the success of her event.

The number of people attending and the formality of an event will help you determine the amount of catering staff will be required for the event. Many catering companies use freelance staff, so it is a good idea to have a list of recommended people you are comfortable working with that you also know are professional and reliable.

For many people, when they think about how to run a catering business, they focus on the food preparation and cooking responsibilities. In fact, many people start catering businesses simply because they love to cook and do not mind doing all the cooking themselves.

As your business grows and you book larger events or multiple events in a short period of time, it is definitely much better to hire additional cooks and also servers who you have trained to make sure the level of serve offered meets your standards.

In addition to meeting with clients, food preparation and staffing, there are a few other details ever caterer must take into consideration. For example, how will you transport the food and equipment to event? Is you current vehicle large enough to handle the job or will you need to consider alternatives?

Prior to the event, you will need to order the ingredients, cooking and serving utensils. The amount of time required to shop for and prepare the food needs to be taken into consideration and you will need to create a schedule to properly manage all of these details. Most caterers are also responsible for at least minimal cleaning after an event, so keep this in mind when deciding upon your staffing requirements.

Now you have a better idea about how to run a catering business. Running a catering business is not difficult, but it does excellent organizational skills and a realistic time line for each event. Creating and managing your own catering business will give you amply opportunity to be both creative and a strong entrepreneurial manager.

Strengthening the Financial Sector Sustains Asian stocks

Financial  photoAsian stocks rose at the start of this week as the president’s plan the United States (US) Donald Trump to review the rules in the financial sector. In addition, US stocks rose at the end of last week also affected the Asian markets.

While the US dollar was little changed as the US central bank or the Federal Reserve met sentiment jobs report showed that wage growth weakened.

However, on Friday last week, the US central bank chairman John Williams mengekasn San Francisco, if rising interest rates three times in 2017 is unbelievably reasonable. It affects the US dollar after the jobs report showed wage growth weakened. The statement also strengthens the US central bank will raise rates gradually.
In stock trading earlier this week, the MSCI index of Asia Pacific stocks outside Japan rose 0.3 percent. Strengthening a number of benchmark stock indexes in Asian stocks boosted the financial sector. Japan’s Topix stock index rose 0.7 percent at 9:25 pm Tokyo time. Japan’s stock gains boosted from Mitsubishi UFJ Financial shares jumped 4.3 percent.

Meanwhile, the Australian stock index / ASX 200 and South Korea’s Kospi stock index rose 0.3 percent. So quoting Bloomberg page, Monday (02/06/2017).

On the currency markets, the US dollar index was little changed after the fall of 2.9 percent this year. The US dollar is in the range of 112.55 against the yen. Euro in the range of 1.07 US4.

In the commodity markets, gold prices rose 0.1 percent in the range of US $ 1,221 per ounce. WTI oil price rose 7 cents to US $ 53.90. While the price of Brent oil climbed eight cents to US $ 56.89 per barrel after a 2 percent rally last week.

There are a number of sentiment this week that affect the Asian market include central bank meetings include Australia, India, New Zealand, the Philippines, Thailand and Sri Lanka.

In addition, the earnings season starting from Toyota Motor, NTT, Softbank Group, Rio Tinto, Japan Tobacco, SingTel, Nissan Motor. Additionally, Fuji Heavy, Daikin Industries, Mitsubishis Estate and Mitsui and Co. Then China’s trade balance and PMI data. US President Donald Trump will meet with Japanese Prime Minister Shinzo Abe at the White House.

How To Run An Ameriplan Business Online

Starting an Ameriplan business is a very popular opportunity right now and many people are interested in giving it a try. Opening a restaurant or another traditional business can cost thousands of dollars and requires a business license; along with a great amount of knowledge about the field you are getting into. Ameriplan is cheap to start and doesnt require a license, so its a great way to get your feet wet in personal business. They deal with discount health and dental programs, so there is a great need for what they provide. This all sounds great, until you actually get started and realize that you have no idea what to do next.

There are thousands of different ways to advertise and most people stick to the basics, like flyers and business cards. Finding customers is the most difficult part of any business and success or failure depends on your ability to find them and close the deal. The most common way that beginners get customers is to go get them one by one, but when you advertise they begin to come to you. Everyone is familiar with the internet, but few people know how to run their business with it. Like regular advertising there are thousands of ways to advertise online, and finding the way that works for you can launch your business to all new heights.

I cant possibly describe all the ways to advertise online, so instead I will describe some of the ways that worked in the past. The best thing to remember is to go where the people are, but most other IBOs havent gone yet. Years ago, an IBO named Bill Bertha began using Pay Per Click advertising on Yahoo and Google and made a killing. He paid for a sponsored result spot under the Ameriplan keyword so that when people went to a search engine and typed in Ameriplan they found his website right at the top. To this day he has signed up more members than almost anyone else ever has, but other IBOs eventually caught on to this method and its no longer cheap or easy to try this.

Craigs list and other free classified ads were big for awhile, but now they are flooded with spam and other business opportunities. One of the ways that I have seen recently is to purchase a banner ad in your local area online newspaper. There are still many opportunities to use this method if you are willing to pay for the banner ad but as soon as you have to compete with another IBO in your local area, the price will go up. Another way that still works is social networking sites like the many work at home mom websites. On these websites, many people come together looking for good ways to make money from home and save money on their families benefits. Finding new websites where future entrepreneurs come together will work perfectly for people just getting started, and they are free to talk to people on.

As old ways of online advertising go out of style, there are always new ways replacing them. Millions of people are currently obsessed with sites like My space and Twitter, but its only a matter of time before someone figures out how to use them. Having a good feel for where people are flocking to on the internet can give you the upper hand, but if you dont use the internet much you may want to stick with what you know. Advertising in the real world always works, but the internet changes every day. If you see a good opportunity to advertise your Ameriplan business online, jump on it because it may not work tomorrow!

Acquiring Capital For A Business

Beginning a new business is an extremely difficult venture. The amount of time, effort, work, and money it takes just to start up is a wonder to think about. There are several different things to think about, for example what type of company you are going to start? Are you going to hire employees or do the work yourself? What type of professional licenses are you going to have to have in order to start the venture you really want to start? While all of these questions are important, one of the most important questions to ask when thinking about establishing your own company is: Where will I get the money to make all this happen? There are many different sources for money to begin an enterprise. Some are using savings you may have accrued, acquiring a business loan, or having investors.

One source of capital to use for starting a business is if you have managed to save money. Many people go through life putting away amounts of unused or extra money in different savings accounts or other interest-bearing ventures. Using cash you have saved up as capital for your business is a great way to help stay out of debt. Many times, people that start a company on a shoe string or almost non-existent budget, they wind up going into a large amount of debt very quickly. Having a resource of money that is set aside in case of an emergency is a great way to be sure you have something to fall back on. This is the most ideal situation when starting your own business. If you have money saved that can be used as a resource for start up costs, this may be preferable to starting a line of credit or taking out loans.

If you arent fortunate enough to have saved the money necessary to start your own business, the next best alternative may be to do what many other owners do: take out a business loan. This requires a lot more than one might thing. It is much easier to get a personal loan than it is to get a business loan. With a professional loan, you need to submit professional plans on how you will pay back the money and take other specified steps to satisfy the terms for the loan. If you can indeed receive a loan to start your endeavor, it will help you toward your ultimate goal of opening.

Another way to achieve the funds for starting your own company is to round up investors who would be willing to provide you with the means necessary. This sounds a lot easier said than done, but you would be surprised what amounts of money people are willing to put up for the introduction of a worthwhile service or product. Always be cautious about using investors, however, because once they become an investor, they are typically in partial ownership of the company you have begun with their money. Make sure things are laid out very clearly in the terms of the contract of such an alliance.

There are several ways to build a business from the ground up. One of the things you must think about is how you will get the capital for such a venture. By using money you have saved, acquiring a loan, or rounding up investors for your project, you can have the money required to get off to an off and running start for your new career.

How To Use Benchmarking With Balanced Scorecard For Your Business

Business benchmarking is the process wherein you determine which company is the best, the one that sets the standard and identify the standard. Basically, you compare your own processes and the metrics that you use with your competitors. However, benchmarking is not only about concentrating on your rivals. You will actually take a look at the wide industry itself and compare it with the other industries. That is certainly a difficult thing to do and being tasked to do so means that you have to take a look at a wide variety of dimensions including quality, time and price. When you benchmark, you will be able to do things better, quicker and much more cost effective. In this case, business benchmarking is a crucial process for organizations. Even though it is tricky and complex, you can simplify the whole procedure by means of benchmarking with balanced scorecard.

The balanced scorecard is known for being one of the most versatile business tools ever invented. You can measure the efficiency and the performance of the most important factors that affect and may affect the success of your business. Using key performance indicators, you can create performance based management and use that system to monitor the efficacy of various processes. The BSC takes on the customer, the internal processes, staff efficiency and growth and not only the financial capabilities of your company.

Now, how do you use benchmarking with balanced scorecard? The answer here is simple: you will need your company data and use them to compare against your toughest rivals in the industry. Thus, you will have to measure your products, services and practices that are similar with the top firms in the world. This will allow you to determine the reasons as to why those companies are seen as progressive and productive. Knowing such elements and details will also enable you to incorporate your present knowledge about how to run the company better.

Those enterprises that are considered at the top of their game know what they are doing. This is why you also have to know yours. In this case, you have to be fully aware about the standards so that you can compare yourself against them.

Benchmarking with balanced scorecard lets you compare and evaluate your business against the other firms so that you can improve the situation of your business. You can use the information that you have obtained to enhance not only on your profitability but also in attracting new customers, retaining them and in meeting their expectations. In addition, you can also help your staff acquire more knowledge and develop their skills in selling products or performing their jobs. In this case, you are able to manage your company better through the benchmarking with balanced scorecard.

One of the useful things about benchmarking with balanced scorecard is that this permits you to effectively reduce time and expenditures without sacrificing the quality of the project or the product. Lastly, this whole process can aid in making the right decisions. Exploiting the data obtained from the tool, you can determine the right choices and avoid errors in judgment.

Business Analyst In Insurance Domain

The right balance of information and technical knowhow is needed for a Business Analyst to successfully complete his job in any sector. This dictum applies to the Insurance sector as well.

A Business Analyst should be well versed with the information that is needed for any Insurance professional to work in the Insurance domain. Since he has to analyze the processes and then help in the development of essential software for the projects in the Insurance sector, he needs to have both  the information required of an Insurance professional and the technical knowledge required for the establishment of software designed for this sector.

Insurance as is known is generally divided into three major divisions: Life Insurance (dealing with safeguarding life and the risk of mortality and critical illnesses), General Insurance (dealing with the risk of damage to immovable property, motor, cargo, marine, household, and fire insurance), health insurance (dealing with risk of illness and disease, and thus covers reimbursements, medical claims, operation of panel doctors, cashless hospitalization, co payment etc.) The level of knowledge and range required is different in each stream and hence a Business Analyst has to have a certain demonstrable understanding of the workings of the particular streams in the sector and also desirably, adequate level of experience in the sector.
Functional Knowledge of Insurance applications is also essential, like new business, channel management, policy servicing, claims management, underwriting, reinsurance and finance. Along with knowledge of the business processes of the particular client company, a brief and thorough understanding of the requirements given by the regulatory authority of the Insurance industry is also mandatory. The terminology is varied for the Insurance sector, with changes even within the sector, for the different streams of the sector. Knowledge of these unique terminologies will help the Business Analyst to understand the client who is the end users expectations and he will be able to draft them better into requirements efficiently.

Once functional requirements are known, the technical knowhow is also essential for any good Business Analyst to communicate to his software developers team about the client users expectations from the project. The Business Analyst should be aware of the basic MS- Office tools like Microsoft Word, Ms PowerPoint, MS Excel, MS Visio, MS Access, and MS Project). These help in collating data and presenting it in proper format. Then knowledge of relational databases is also important for understanding the technicalities of Querying and Support. Basic programming languages that are used by software developers should also be known to the Business Analyst so that he can understand the developers problems or point of view. These programming languages could be ASP, Dot Net, JAVA, J2EE, XNL, HTML etc.

In addition to these, knowledge and experience in insurance business applications, content management systems, portals, data warehousing tools can give any Business Analyst that extra edge over others standing next to him.
Thus, its quite clear that a Business Analyst in the Insurance domain needs to know both sides of the coin  the knowledge of insurance business processes and the relevant Insurance software packages.

An Introduction To Japanese Business Culture

When doing business in a foreign country it is always vital to understand differences in culture. This helps to avoid misunderstandings and allows development of positive and long-lasting business relationships. Knowing the differences in business etiquette between British and Japanese culture could be what lands you a lucrative contract or a lucrative new job. While Japanese businesspeople understand that you will not understand all of their culture and business etiquette they will notice and appreciate your genuine efforts.

Relationships
The Japanese generally do business based on personal relationships. Being introduced by a person who has a good relationship with the company is very helpful. You may be given a small trial to prove yourself. Even if this request is non-profitable, completing it quickly and well helps develop a long-term relationship.

Gift Giving
Gifts are very important in Japanese culture. Always give a small gift at the end of a meeting to the most senior member. Consult with a Japanese person on an appropriate gift. Many flowers such as camellias are associated with death and potted plants encourage sickness. If you receive a gift, do not open it in the presence of the giver.

Business Meetings
Meetings should be arranged by telephone well in advance. Punctuality is imperative. Seating is arranged with the most junior member nearest the door and the most senior furthest away. Do not be surprised if meetings contain several people, even if you thought it would be a one-on-one meeting. You will be expected to have a document containing information about your company, testimonials from customers and other companies and newspaper or magazine articles. It is best to come to a meeting with your best offer, as this is what will be expected.

Communication
Consensus and group decision-making is the norm in Japanese culture. Questions should be phrased in such a way that even negative answers can be given with a yes. For example Do you think this is a bad idea? rather than Do you agree?. Japanese businesspeople may be silent while considering issues and may close their eyes while listening carefully. Confrontational negotiation styles such as raised voices or anger will be frowned upon. Contracts are generally broad with room for re-negotiation and flexibility rather than rigid and point-by-point. However, written contracts are always expected.

Business Dress
Japanese business culture is quite conservative and avant-garde fashions will not be appreciated. Conservative business dress is always appropriate in Japan, especially for women. Suits should be dark-coloured without flashy accessories.

Business Cards
Business cards are very important in Japanese culture and you should always have a ready supply. The quality of your business cards and their condition is highly important also. When you receive a business card examine it carefully and treat it with respect. After meetings, place received business cards in a special case. Investing in business cards written in Japanese is a gesture of goodwill that will be appreciated. Give and receive business cards in both your hands and with a small bow.

Captcha Bypass Is In Business Again

We all know CAPTCHAs. We have all times succumbed to some of its more twisted and messy forms at least a dozen times. You know the drill, try to guess the text shown in the image box with the squiggly letters, type it in a text box, hit the submit button, realize you submitted the wrong text, redo everything until you get it right. Yeah, I bet you know what Im talking about.

Nevertheless, we all have learned to live with this short and recurring e-torture given its apparent use.

CAPTCHA is an acronym for Completely Automated Public Turing test to tell Computers and Humans Apart. As it name implies the main function of a CAPTCHA is to distinguish Humans and Computers Apart. All the squiggly letters, weird sizes, color meshes and overall lost of user time are made to prevent bots and/or automated scripts to post content were only real users are supposed to post.

So we deal with the pain of typing and retyping the CAPTCHA texts over and over again to avoid the even greater pain of having a web page overran by marketing accounts and unsolicited messages trying to sell products. So this way it would be hard for bots to bypass the initial account creation procedures and preventing the Black Hat Marketers from creating hundreds and even thousands of accounts. Now we can all use our blogs, social networks and other web 2.0 services in peace without being interrupted by unsolicited messages.

A short term victory that didnt last very long

It turns out that the Black Hat Marketers are sneaky and some of them have very advanced programming skills, so they started to create methods to bypass CAPTCHAs. So at first they began creating CAPTCHA OCR (Optical Character Recognition) systems and other CAPTCHA recognition methods to effectively become masters of CAPTCHA bypass. They took away the funny colors, put filters to take away unwanted lines and trained neural network applications to recognize the characters in spite of the funky fonts that were in use.

Again, a short term victory for the Black Hat Marketers

The internet community back lashed with CAPTCHAs that were much more difficult to bypass. The effectiveness of CAPTCHA OCR went down to around 30% for the best automated CAPTCHA recognition systems. The web 2.0 sites were cheering; there was final victory against massive automated marketers. Toasts were made, babies kissed, the new CAPTCHAs were here to save us!

Not so fast

Lets go back to the beginning and reference a piece of text 300 words back: CAPTCHA is an acronym for Completely Automated Public Turing test to tell Computers and Humans Apart. Wait, so in the end this test is only to tell Computers and Humans Apart, right? Some crazy Black Marketing fella might have suggested Hey, lets just use Humans then. Now we can Bypass CAPTCHAs since were using humans and not computers. I believed that anyone that heard this just laughed out really loud. Who in their right mind would spend long hours in front of a computer screen inserting the text they see in CAPTCHAs over and over again? Not only that. What would be the costs of having a person sitting down all day long inserting CAPTCHAs into a computer?
Answer to first question: People from very poor countries.
Answer to second question: Very Low.

Black Hat Marketers are the big winners for now. Human-based CAPTCHA bypass services have been established for as low as $1.75 for 1000 solved CAPTCHAs (yes, not a scam) and there is even a new market created for this activity. These Human-based CAPTCHA solving services hire a small army of decoders or operators that are happy to insert text for endless hours in exchange of a small pay. All the web 2.0 sites now have to create additional filters and employ extra tactics to keep automated unsolicited messages away and use CAPTCHAs only to keep away the rookie marketers.

Currently, some new companies have invented some other ways to increase difficulty for Human-based systems to decode a CAPTCHA. We now have audio CAPTCHAs, video CAPTCHAs, puzzle CAPTCHAs, math CAPTCHAs, etc. But none of these CAPTCHA systems has grown in a wide scale or have been deployed to any of the main web 2.0 sites. Either way, Im pretty sure that the Human-based CAPTCHA bypass services will find a way to get over these obstacles and keep the marketers in business.
In the end, site owners and marketers will always be playing the cat and mouse game. CAPTCHAs work partially, but as users we will always have to input them. And with the new increase of mobile traffic, were still to see a standardized multi-platform method from stopping unsolicited marketing messages in web 2.0 sites.

By: William Jardain