Common Practices

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(Uy, biglang nag-business ethics. Hahahaha)

Enjoy learning!

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Common Practices in Business Organizations

Business Practice - a metho, procedure process or ruled employed.

A. Decorum - is a behavior that is socially correct, calm and polite.

B. Protocol - means the unwrittern rules or guidelines that peculiar to every culture or organizations.

C. Policies - defines the scope or spheres withing which decisions can be taken by the subordinates in an organization.

D. Advertising - is how a company encourages people to buy their products or services.

E. Marketing - refers to the process of product development; revolves around the costumers.

F. Bookkeeping - recording of all financial transactions to keep track of the cash flow.

G. Reporting Requirements - is the public reporting of operating and financial data by a business enterprise.

H. Documentation - serves as a record of every official action taken.

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