The consequences of todays the changing business world

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In our days business is taking a new dimension in the whole world and has the necessity to adapt to a new generation due to revolutions of new technologies and also technical devices in businesses.

In this project, I will explain the subject, "The changing Business World" and the problematic which is define by following questions; What is the business world? What are the consequences of the changes? What are the reasons? Which strategies and tools do we have to adopt in the Business World? The aim of this project is to answer to these questions, business is everywhere in all companies, these strategies are learn in every school and high school. All specifications on the change of Business world will be asked, but only a few of them will be developed.

First of all let define the word Business. In It definition, business is resume as a society, a firm or an organization which goal has to provide via goods, services, or both to consumers to obtain and reach benefits

In some Articles on internet (reference to Wikipedia links)"Businesses " are define as predominant to capitalist economies because most of them are generally, privately owned and formed entities to obtain profits. The etymology of "business" relates to the state of being busy either as an individual or society as a whole, doing commercially viable and profitable work.

How do we gain the capabilities to in Business world? The principal solution is Business education, objectively it is the way to give or ad an instruction, to students or any persons wanted to get business abilities. These business clients will prepare themselves for jobs in the business world sections. There are possibilities to have two different levels of business education, the first one is called basically businesses and the second one managerial or executive businesses

Business training or basically business is usually offered at high school level, in junior colleges, and in some private business schools mainly prepares the student for office work. We can see also these tuitions in private organizations for employies, who want to progress in their enterprise or change job. People learn typical courses include word processing, shorthand, bookkeeping, use of office machines, business English or French, commercial arithmetic and after all accounting. Some schools usually privates also cover important courses in business like merchandising, supply-chain, selling, and retail purchasing. This field of study is sometimes called distributive education because it deals with the distribution of products. Many schools offering such courses have evening and Saturday classes to permit students to combine an alternative process between work and study.

The additional level of Business education takes place at the college level where students are prepared for managerial and executive work. Course work includes accounting, banking, finance, business law, economics, industrial management, production, marketing, real estate, and statistics. A person planning an executive career often finds it advantageous to major in a science or in engineering as an undergraduate, and do graduate work leading to a master's degree in business administration (M.B.A.).

In former times young people received business training only through on-the-job experience. The first private business schools appeared in the United States about 1840. Gradually business education was extended into high schools and colleges and universities. The Wharton School of Finance and Commerce, established in 1881 at the University of Pennsylvania, is generally considered the oldest college-level school of business in the United States.

Let talk about the change of business, it started from the globalization in business world, especially with the opening of Asian markets and African markets. These markets are where developed countries companies have the occasion to sell products that they may have over supply or suffered from low sales in their own countries, local sectors or sales regions. This make life of companies easier, because they can make valuation of their companies and money devise are definitely low for developed countries compared to dollars and Euro.

For example with the lower value of the dollar as compared to the moneys of other countries this opens the world to U.S. companies for sales of large amounts of products. This also means the value of American technology is at a value price for these countries. With the low cost of labor in many foreign countries, licensing and partnering with companies in these countries can free up many dollars for American companies to grow with both here and overseas (, 2009).

Another feeling in the banking world is that globalization is a "race to the bottom" for both labour and environmental standards (CATO Institute, 2009). By this the banking and government thinks as I do, that this well cause a lowering in the living and pay standards in U.S. to match these foreign countries which would destroy the American way of life as it has been. Also I feel opposite as the power of government that be feel, mainly we are already way over board on environmental things, just look at G.M (general motors). , the E.P.A.(environment protected agency) [1] alone has cause them to raise the price of cars over sixty percent in just the last ten years, with no real showing that is has helped the environment at all. Other countries like China are building more coal power plants daily as we are being told by the U.N. and Al Gore we must close ours. American companies are making money sending this type of knowledge and equipment to china which is a good thing for globalization, but on flip side we cannot use what we already have to help American people.

The aspect of culture is also import. When someone or a firm do business abroad, the biggest challenge is religion and culture; both of these have caused wars and problems. Let take an example of our days actuality war in Muslim countries, well open companies in these countries will show a geopolitical risk for business.

Culture are different in many countries, we will have adapt ourselves to these people we will work with. Let take the example of China, every businessman should know the White colour symbolise death, when you do businesses with Chinese, you have to know him or her before, he or her has to trust you, see that you are someone. You must get to the point with your collaborator and be a good chairperson, and then he can see that you know how to do business. Because in business world you really need to be an influent person but do not forget to be accurate and then you will see he is going to have conviction for future businesses. Chinese are good workers, in factories they worked more than twelve hours a day, and in India it's different, Indians are describe as cool people or less stress people. For example, it is difficult for Mc Donald to implant them in this country, the principal reason is the religion, ox is consider as a god and generally at Mc Do we eat meat such as beef.

Many of these countries are just coming through a new generation with modern technologies.

Many durable technologies have blurred the line between professional and private lives. Wireless Internet, cell phones and Blackberries have made it easy to work from home or for that matter, from the beach during holidays. The fact that it's easy to work from the place you are on your holiday compels people to do so. On the bad side, people also feel compelled to use Internet access at work for personal reasons. In this way, technology allows workaholics to work and slackers to slack.

The effects of Technology on Business is also a cause of it change. Businesses have been at the forefront of technology for ages. Whatever can speed production will draw in more business. As computers emerged in the 20th century, they promised a new age of information technology. But in order to reap the benefits, businesses needed to adapt and change their infrastructure. [2] For example, Air France started using a computerized flight booking system, and HSBC took on an automated check-processing system.

Obviously for necessity, in the twenty first century, most business is conducted over personal computers or communication devices. Computers offer companies a way to organize dense databases, personal schedules and various other forms of essential information.

Barriers of distance evaporate when you do businesses when information travels faster and faster and with more efficiency, and businesses translate how easy it is for companies outsource jobs overseas. Outsourcing refers to the practice of hiring employees who work outside the company or remotely and even a long distance across the world. Firms can outsource duties such as telephone customer service and computer programming. They can even outsource fast-food restaurant service and people can be surprised if you're putting in your hamburger order with a fast-food employee working in a different country entirely. Outsourcing is a controversial practice, and many believe these companies (in USA or Europe) who take part are hurting the job market in their own country. Nonetheless, from a business perspective, it seems like the wisest route, saving companies between thirty and seventy percent [3] .

Handheld devices like Blackberries have become crazily popular for businesses because they let users check and send email from anywhere, and browse on Internet.

We also take about business plan [4] , here are some famous strategy plans. Firstly, let start by Henry Ford, who was famous for using the assembly line in his car factories, neither founded the world's first car company where the assembly line was invented. Borrowing the idea originally used in the meat-packing industries. H. Ford was able to go after a new market in his industry to great success. It goes to show that in the world of business, it's often not as much about the product as it is about the process.

Business strategy is not a science but the way of using the right method with the right materials in the right place at the right time can create explosive results. We've gathered some examples of the most successful business models that have gone on to make lasting impacts on industry, consumers and the world at large. What's predominantly fascinating is how each of the following companies road to success largely on the strength of their business models. Sure, McDonald's has a great-tasting burger, but it was the business model that catapulted of the company (and ultimately the fast-food industry) to widespread popularity and renown. Google with the brainstorming and the system of working always in competition, Apple with the way they customise their products to the customers. All these enterprise just have the differentiation between them and others, because they were the first or second in the market to make one or many ideas become a product or a service.

Business ethics is while most people have taken the time to define their personal morals; the concept of business ethics has only recently begun to come under intense analysis what is business ethics? Naturally every society focused on earning a profit. Whereas without profit, the company will lose their value and the employees will eventually lose their jobs. However, business ethics do not allow a company to do whatever is necessary to make money. A social corporate in every country in the world have the responsibility dictates that businesses must provide safe working conditions and use manufacturing practices that do not unnecessarily harm the environment. Business ethics also require that companies provide accurate financial data to stockholders and avoid advertising their products and services to consumers under false pretenses.

Ethical issues include the rights and duties between a company and its employees, suppliers, customers and neighbours, its fiduciary responsibility to its shareholders. Issues concerning relations between different companies include hostile take-overs and industrial espionage. Related issues include governance; corporate; political contributions; legal issues such as the ethical debate over introducing a crime of corporate manslaughter; and the marketing of corporations' ethics policies.

The study of business ethics is sometimes referred to as applied ethics because it attempts to translate utilitarianism, social contract theory, deontology, and other theoretical principles into acceptable rules for conduct in various real world situations. At the college level, many schools now have programs to encourage students to develop a consciousness of business ethics. These classes typically use case studies as the basis for discussions on what constitutes ethical behavior. Lower level classes are sometimes required for an undergraduate business degree, while students working towards an MBA may be able to specialize in leadership and business ethics. While many people do feel classes discussing ethics are beneficial, others say it's hard to predict how students will behave once they are out of school and into the working world.

Business ethics reflects the philosophy of business, one of whose aims is to determine the fundamental purposes of a company. If a company's goal is to maximize shareholder returns, then sacrificing profits to other concerns is a violation of its responsibility. Corporate entities are legally considered as persons in most nations. The corporate persons are legally entitled to the rights and liabilities due to citizens as persons.

Economist Milton Friedman [5] writes that "corporate executives' responsibility generally will be to make as much money as possible while conforming to their basic rules of the society, both those made flesh in law and those in ethical custom". Friedman also said, "The only entities who can have responsibilities are individuals. A business cannot have responsibilities. "So the question is, do corporate executives, provided they stay within the law, have responsibilities in their business activities other than to make as much money for their stockholders as possible?" And answer of Friedman to that is, no, they do not. A multi-country 2011 survey found support for this view among the "informed public" ranging from thirty to eighty-percent views Friedman's argument as consequentiality rather than pragmatic, imply that unrestrained corporate freedom would benefit the most and the best in long term. Similarly author business consultant Peter Drucker [6] observed, "There is neither a separate ethics of business nor is one needed", implying that standards of personal ethics cover all business situations. Another view of business is that it must exhibit corporate social responsibility (CSR): an umbrella term indicating that an ethical business must act as a responsible citizen of the communities in which it operates even at the cost of profits or other goals. In the S and most other nations corporate entities are legally treated as persons in some respects. For example, they can hold title to property, sue and be sued and are subject to taxation, although their free speech rights are limited. This can be interpreted to imply that they have independent ethical responsibilities. In China, India, Sri Lanka,..., Children work very young, five, six, seven years old, and ethics rules make sure to stop this illegal and non ethical exploitation.

In my opinion, The change of business world is due to many factors that we saw essentially before, to resume there have be many progress in new technologies that helped all businessman for example the blackberries which make their users work everywhere they are with the email technology. The culture and the religion are important, we saw before the example of china for the culture and India for religion. Business plan is strategy to use for improving in the field. Some examples as Henry Ford strategy or Mc Donald or Google are adapted in companies.