2nd Bac - Leadership

 https://www.youtube.com/watch?v=lmyZMtPVodo

Comments

Post a Comment

Popular posts from this blog

3rd Bac - Identifying the problem to solve. Needs Analysis Matrix. (Maslow's Hierarchy of Needs)

Image
Identifying the problem to solve. Needs Analysis Matrix Knowledge on the specific needs of potential buyers of the good or services is a key strategic requirement that the entrepreneur must pay a lot of attention. For this reason, it is important that in the phase of market research all preventive measures are taken so that, as part of the gathering and analysis of the market supply and demand data, the entrepreneur can know what the market is really asking for. Maslow's Hierarchy of Needs Maslow's hierarchy of needs is a theory by Abraham Maslow, which puts forward that people are motivated by five basic categories of needs: physiological, safety, love, esteem and self-actualization. In order to better understand what motivates human beings, Maslow proposed that human needs can be organized into a hierarchy. This hierarchy ranges from more concrete needs such as food and water to abstract concepts such as self-fulfillment. According to Maslow, when a lower...
Read more

1st Bac - Exercises: Double-Entry System

Image
For the exercises below, create the double-entry system according to the accounts involved. Think carefully and analyze each exercise. 1. John is the owner of a fast food restaurant. He buys $50 of potatoes from his supplier. What are the accounts involved? (Use the double-entry system) 2. Peter is the owner of a furniture store. He sales $1200 worth of furniture to a customer. What are the accounts involved? (Use the double-entry system) 3. Mary is the owner of a toy store. She has a loan from the bank. The amount of the loan is $3000. This month Mary pays $200 for the monthly fee to the bank. What are the accounts involved? (Use the double-entry system) 4. Anna is the owner of a pizza restaurant. She uses her personal savings ($4500) to buy an oven. What are the accounts involved? (Use the double-entry system) 5. David is the owner of a sandwich shop. He uses the money from the business ($2500) to buy a new refrigerator. What are the accounts involved? (Use the double-entry system) 6...
Read more

2nd Bac - Skills of a Leader

  Be Authentic and Open It’s easy for an “us vs. them” mentality to fill a company when managers pretend that they have all the answers. This resentment can only be reversed by having managers take off the mask and be authentic, building trust, and ultimately promoting employee acceptance. Build Their Confidence to Build Your Company Your team is an asset, and like any asset, you want to see its value grow. Ego is one of the greatest motivators. Building someone’s confidence can have a powerful and positive impact on their work as an employee. Your job as a leader and manager is to help your team members strive to be their best and reach their maximum potential. Focus on Education Knowledge is power, so continually educating your employees empowers them to make bigger contributions to the company’s success. Plus, since you are ultimately responsible for their output, when they succeed, so do you. Education also lifts the veil of secrecy between management and employees th...
Read more