This document discusses 10 key business terminology - time, benefits, responsibility, taxes, availability, design autonomy, flexibility, financial, management, and isolation. For each term, it lists potential pros and cons. For example, some pros of time management include organizing daily activities and prioritizing urgent tasks to increase productivity, while potential cons include procrastination and inefficient task planning. Responsibility can improve customer relations and reputation, but also brings public image and heavy responsibility concerns. Financial options may boost sales but also carry risks of high interest rates and difficulties paying back debt.
This document discusses 10 key business terminology - time, benefits, responsibility, taxes, availability, design autonomy, flexibility, financial, management, and isolation. For each term, it lists potential pros and cons. For example, some pros of time management include organizing daily activities and prioritizing urgent tasks to increase productivity, while potential cons include procrastination and inefficient task planning. Responsibility can improve customer relations and reputation, but also brings public image and heavy responsibility concerns. Financial options may boost sales but also carry risks of high interest rates and difficulties paying back debt.
This document discusses 10 key business terminology - time, benefits, responsibility, taxes, availability, design autonomy, flexibility, financial, management, and isolation. For each term, it lists potential pros and cons. For example, some pros of time management include organizing daily activities and prioritizing urgent tasks to increase productivity, while potential cons include procrastination and inefficient task planning. Responsibility can improve customer relations and reputation, but also brings public image and heavy responsibility concerns. Financial options may boost sales but also carry risks of high interest rates and difficulties paying back debt.
ARCHITECTURE 1 SUBMITTED BY: BABANTO, JANSEN KENT H. SECTION: BS ARCH5B_A2
BUSINESS TERMINOLOGY PROS CONS
1.Time Organizing daily activities Procrastination Prioritizing urgent tasks Multi-tasking More productivity Inefficient planning of tasks 2. Benefits Security Cost money Reduce external risks Benefit packages may not Boots morale and be enough productivity Mistakes in employee benefits may lead to litigation 3. Responsibility Improved customer Public image relations Heavy responsibility Good reputation Taken for granted Attracting talent and retain staff 4. Taxes Capital allowances No personal limited Redistribution of income liability protection Personal limited liability Double taxation of members Are subject to self- employment tax 5. Availability Improved customer Prone to poor service satisfaction performance Profound effect on The weakest link in business perception and customer service expectation Not able to meet Proactive availability customer satisfaction management
6. Design Autonomy Promotes skill Difficult to centralize
development information Profound effect on Employee dissatisfaction business perception and May create disparity expectation among units through Proactive availability different work practices management and rules
7. Flexibility Job satisfaction Unsuitability
Supports success A decrease in human Bolsters productivity relation and interaction 8. Financial Boosts sales High interest rates Can give you more Paying back dept control Difficulties in cash flow BUSINESS MANAGEMENT & APPLICATION IN ARCHITECTURE 1 Tax deductions
9. Management Constantly able to learn Failure to set standards
Clear business overview Poor management Align tracks and goals performance Unstructured process 10. Isolation Better work and life Inefficiency balance No influx of ideas Increased productivity Redundancy in work Competitive advantage styles