Lesson 4 Flashcards
Is a method, procedure, process or
rule employed or followed by a
company in the pursuit of its
objectives.
Business Practice
means “what is proper.”
requires a sense of dignity.
is “Business Etiquette.”
Decorum
Unwritten rules or guidelines that are peculiar to every culture or organization, and are supposed
to be observed by all parties in the conduct of business, entertaining, negotiating, politics, etc.
Protocol
Types of protocol
Basic Protocol
Training in Protocol
Benefit Protocol
International Business Protocol
This encourage employees in a company to act in a uniform
manner.
Basic Protocol
This help bridge economic , cultural, knowledge and language gap.
Training in Protocol
This will able to make informed decision about whether the company is right
for them.
Benefit Protocol
This is to have some knowledge about the rules and behaviors that are considered acceptable in social and professional relationships when doing business in a foreign
country.
International Business Protocol
Scope or spheres within which decisions can be taken by the subordinates in an organization
Guidelines to developed by an organization to governs its action
Policies
How company encourages people to buy their products, services, or ideas
Advertising
Process of product development
as well as sales, promotion, and distribution.
Marketing
Process of recording all financial transactions to keep track of cash flow
Bookkeeping
is an accounting system
under which every transaction is recorded in a single line
only.
Single-Entry Bookkeeping
is a kind of accounting
system governed by certain rules which ensure that each
transaction that take place is reflected in two separate
account.
Double-Entry Bookkeeping
Public reporting of operating and financial data by a business enterprise
Reportorial Requirements
