International Business Management – A Global Education

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There is no way for a business to survive, much less thrive, today if

International Business Management isnt at the forefront. Thats why foreign investment and risk analysts, foreign trade consultants, commercial bank officers, international marketing representatives and international development assistants are so in demand. Centennial Colleges International Business Management program trains students for these careers in a three-semester study period geared towards mature learners.

Because this International Business Management is so fast-paced, applicants must have completed a college diploma or university degree in any discipline. The offering will also consider applicants with partial post-secondary and relevant work experience (transcript and resume review is required). Lastly, as far as admission requirements are concerned, students may be required to show proof of English proficiency.

All three semesters of this International Business Management program contain a mixture of foundational and specialized, industry-valued courses. Additionally, all of the classes employ case studies, simulations and project-based learning, with the intention of helping students to enhance project management, teamwork, report writing and communication and presentation skills round. The use of computer and Internet technology in performing international business functions is also included.

Here is a look at some of the International Business Managements essential courses.

Comparative Geopolitical Systems: This class explores world systems and how global and regional systems have changed and been changed by relationships between people and places. It provides students with an organized study of historical, geographical, social and cultural factors in world regions.

Global Business Strategy: This International Business Management course addresses professional cross-cultural negotiation and strategy formulation. The increasing globalization of industries has seen an increase in strategic alliances, hence intercultural negotiations. Meanwhile, strategy formulation is emphasized via a strong conceptual foundation outlining the steps involved in successful international business planning to developing an analytical decision-making framework and finally getting a hands-on experience in making decisions in cross functional teams.

International Banking and Finance: Students get an overview of international money markets, the elements of risk management, the role of financial institutions and a case study approach as to why companies merge or interest rates fluctuate and why stock markets fluctuate.

International Business Law: In this International Business Management course, students obtain a base in the legal aspects of global trade, with a focus on both public and private international law. Public international law includes international organizations, such as the WTO, and its corresponding agreements. Private international law, applicable to international business activity, such as the law of international sales, is analyzed and a case study method utilized. Students also gain insight into the basis for government regulation of international business, as well as the role of politics and economics in it.

International Entrepreneurship: This intensive hands-on practical course provides International Business Management students with the basic, practical procedures and tools that are required when strategically planning to enter international markets. Emphasis is on entrepreneurial activities, including sourcing, purchasing from Canadian sources and placing products in strategic international markets.

International Business Management grads may enter the industry or pursue further knowledge via one of the offerings university partners, which include: Centenary College, University of Western Sydney and Griffith University.

See How Important Voyage Estimation and Voyage Accounting Software Can be to Your Shipping Business

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Voyage Estimationand Accounting are two functions that are crucial to the profitability of your shipping business. In the traditional shipping operations, these functions frequently engaged droning manual tasks and experienced workforce to perform such. Nowadays, shipping operators are no longer bound to such complex and demanding tasks involving additional workforce and loads of paper works that are prone to errors. IT companies have developed Voyage Estimation andVoyage Accounting softwarefor more efficient day-to-day shipping operations.

These software applications can perform several voyage calculations at a time, without much effort. They feature centralized databases for handling transactions and generating real-time reports on the status of each vessel.Additional features include automated port costs and canal fee calculation, charter cost calculation, integrated distance table, invoice reconciliation and voyage result analysis. These features are essential in ensuring that operators monitor their voyage profitability.

Voyage AccountingandVoyage Estimation softwareare very useful in budget management and checking the accuracy and reliability of financial transactions.By providing near accurate estimates for each voyage, shipping companies can compare different alternatives and consider the most economical options to avoid unwanted expenses.

One example of advanced shipping software used by many shipping companies nowadays is Softship’s LIMA Voyage Management and Estimation Software VOYCES . The LIMA VOYCES software has a user-friendly interface, which provides accurate and updated information on the various aspects of voyage operations such as charter costs, canal fees, port costs, port distances, and estimated time of arrival. It offers a cost-effective way of managing voyage productivity without compromising service quality. It is also cheaper compared to most shipping software of its kind which can be purchased in the market these days.

LIMA VOYCES is designed to support all types of calculations associated withvoyage estimationand accounting. Shipping operators can use it to check on more than one vessel at a time, compare different voyage schedules, check voyage results and reconcile invoices with ease.

Some companies develop their own shipping software to address specific needs and preferences, while others simply purchase packaged software for convenience. These software have built-in features to enable users to configure applications to handle specific requirements.

When choosing a reliableVoyage EstimationandVoyage Accounting software , consider the following important factors:

1.Compatibility with your existing shipping platform.

2.Capability to manage end-to-end business processes.

3.Excellent reporting and analytics features.

4.After sales support from supplier

As the internet has become a business necessity, and large amounts of manual tasks have become automated, shipping companies should keep up by improving the efficiency of their mission-critical operations to generate higher revenues. Voyage EstimationandVoyage Accounting softwaredo not only make shipping operations run smoothly and error free, they can also fundamentally improve the bottom line.

Software Employee Time Tracking Effective Employee and Business Management Tool

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A popular set-up of small to large companies today is to hire remote workers other than the team they have at their site. It is a cost-saving measure. Although it has its benefits, problems still arise, particularly on regulating and tracking employee activities. These are very important because schedule has to be followed. Delays just won’t do any good especially if you are just building your clients’ trust and loyalty. Keeping an organized workflow and manpower must be maintained in order to establish competence. A software employee time tracking will help not only in efficiently managing schedules, but will also help increase productivity because employees tend to focus and concentrate when they know they are being monitored. Idle time is greatly avoided. Your remote workers would have to be mindful of the time. Instead of doing personal stuff before proceeding to work mode, they would have to be conscious that once they log in their activity, the clock will start ticking.

What a software employee time tracking basically does is capture employee time automatically. It’s the accurate and reliable method to implement to record time, view reports and produce billing statements. Significant savings is achieved because the process of attendance and time tracking is already automated. Let us also include its capacity to create detailed invoices. Surely, no time is wasted just to ensure the veracity of the invoices.

This tool also supports company’s need for better project management. Using this software, you can easily track employee activities to ascertain that schedules are followed. You’ll get to have a more organized workflow where delays are greatly avoided.

If you have your own team of workers, payroll is also a business administrative task that is aided by this time tracking application. Using less powerful software would result to erroneous and faulty data, especially when it comes to integrating attendance, leaves, sick leaves and benefits to an employer’s salary. There are also government taxes and loans that need to be reflected on the payroll. And because it can be generated online, companies get considerable savings on printing and hiring administrative staff to do the paperwork. You are also supporting the government’s move in encouraging business firms to go paperless in their transactional processes as much as possible.

Surely, you’ll get a strong hold on how you run your business from administrative tasks to employee supervision. When you have support tools like software employee time tracking, you’ll have enough time to attend to other pressing matters.

The Pressure Points of Business Management in 2012

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As the global market receded in the previous years, business proprietors found themselves back in an unfamiliar labyrinth where they are unsure of most of the steps they take. They are confused about the economic future, especially because there are social, political, and financial problems all around. Despite all that, a majority of economy experts managed to see through all the uncertainties and predicted a positive outlook for the coming year.

However, business owners should be educated about the pressure points of the economic condition in 2012 so they can fully prepare themselves in reaching tomorrow’s success. The target issues in maintaining business viability include profit improvement, employee and client retention, and market spot preservation. The key in handling all these three effortlessly lies on certain accounting and management principles combined with the power of advanced technology.

Of course, the attempt to generate more profit relies on the efficiency of financial audits. These financial statements do not only hold vital financial information, but also function as a concrete reference in making tomorrow’s decisions. Hence, it is a must to complete these financial records with the greatest thoroughness and the most competent technological devices.

For instance, a company can employ a Peachtree accounting software that can help them achieve a more organized way of handling their trades. It is as if their accountants will be equipped with more eyes to monitor details and innate calculating devices to compute with precision. With such accounting software, tasks can be accomplished with better accuracy and in less time.

Peachtree complete accounting software can also aid businesses in facing the second pressure point that 2012 will pose–the improvement of income generation. Of course, with precise audits, business owners can make the right interpretations; consequently, they can effectively plan all their movements for the year ahead. Furthermore, they can closely monitor their assets and liabilities and all the details of their cash flow. Through that, they can determine their strong and weak points that they should turn their attentions to.

Finally, professional economists predicted the employees will have more value in 2012. Since there are a lot of jobless people, businesses will fight over the most competent professionals that are still in the market. Hence, it is a matter of enriching employees to retain them in the company and not be recruited by a rival business entity. One way of helping and developing staff is by granting them with reliable accounting software and the relevant education such as the Peachtree training. Through that, they can work more efficiently in sustaining companies in their respective trading fields.

Business Management Courses Get You jobs

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Business management courses are often terribly helpful. Even in these times of economic crisis Business sector is sweeping with none troubles. In purpose of truth the necessity of Business directors is increasing overseas. The Business Management business is spreading out worldwide. Vast investments funds are being created within the form of Hotels Business, on-line Business, and little Scale business and large Scale business. So if you enroll yourself into Business management courses then you certainly can build your future very much dependable and secure. You’ll even get possibilities to travel everywhere the world which may be really terribly attention-grabbing. These Business Management Courses aren’t long and arduous to try to. You’ll even do them on-line through internet. The most important individuals of a Business are managers as a result of they need to appear when everything. They have to pay attention of the Business setting if it’s properly delivering to the purchasers. They need to communicate with their purchasers are they happy and obtaining the standard work what they really would like. The Business managers are initial the primary individuals that are referred to as first in case of emergencies. They even have to keep account of the reservations. Therefore you’ll notice that there’s a good demand. There is no special demand that you wish to own to amass Business management courses. You should have sensible communicating acquirement and spirit to become organize and multi-tasking. These are the items that count an honest deal. If you are doing not intercommunicate together with your purchasers properly then you would not be ready to attract them and attain profits. Now these management courses additionally instruct accounting, arithmetic, marketing, English language etc. to get properly trained. This fashion you’ll even work during a heap of business concern that need public disposal. There aren’t any dry topics taught therefore don’t have this concern that you just can get bored. The jobs that you’ll get can offer you less genial work therefore you’ll not have millions of stress. There are millions of opportunities that you just can delight your work and supply your highest potentiality. The more experience you’ll acquire the additional skilled and demanding you’ll become.You can earn sensible income through these jobs and you’ll even begin your own business associated with this line. There’s lots of cash in Business businesses. As a result of you recognize all the specified skills required in this business you’ll build your business successful and really profitably.