TOP 10 Reasons Why Employers Hire You

EMPLOYERS WANT TO MAKE SURE

EVERY HIRE IS RIGHT ONE,

MAKING REFERENCE CHECKS

MORE IMPORTANT THAN EVER

1. LONG TERM POTENTIAL
2. ABILITY TO WORK WELL WITH OTHERS
3. ABILITY TO MAKE MONEY
4. RELEVANT WORK EXPERIENCE
5. CREATIVE PROBLEM-SOLVING SKILLS
6. IMPRESSIVE RESUME
7. STRONG ONLINE PRESENCE
8. MULTITASKERS WHO THRIVE ON VARIETY OF PROJECTS
9. ENTHUSIAN AND INITIATIVE
10. GOOD CULTURAL FIT

Emerging social changes in Nepal

Social changes pose threats as wellas opportunities for business firms.Value change is he most fundamental type of social change.Value are general statements that guides behaviour and influence beliefs and attidutes.Hence, a value system helps a person choose between alternatives in everyday life.Value change is pervasive in its effect on business.Any change in peoples,s basic values would changerapidlyis somecommunictions then in others.The following trends indicate the shifting nature of Neplase social values:

• Growing urbanization and customer awareness.
• Individualized life styles and world-oriented outlook.
• More informed and determing consumer due to growing education.
• Greater accepatence of fashion and life styles.
• Blending of traditionally defined male-female roles.
• Greater pleasure orientation and material culture.
• Changing family structure-smaller families,less influence of elders, and more duel-career households.

The growing number of social issues affecting business firms is also due to social change.Various issues and others social pressures get formalized and take the shape of law.

siginifance for business

Socio-cultural environment is made up of the social institutions, class structure,beliefs,values, accepted patterna of behaviour,customs of the people,and their expectation.Culture is all-pervasive.business firm are no isolated entities. They are an intregal parts of the broader socio-cultural environment of the society.
A business firm is owened by people , sellls to them,buys from them,employs them and is regulated by them.people are thus the vital and integral part of a business firm.Hence, any change in this socio-cultural make up of the society finds easy extension to the business firm influencing its intregal corporative culture.
The social environment imposes severe pressures on the management of a business firm.Every business function -managing a workforce,marketing output,purchasing supplies,dealing with officials,etc.-is subject to potential socio-cultural problems.the socio-cultural factors are mixed up with all the managerial functions, such as finance,human resourse,production,and marketingmanagement.
The existing socio-cultural problems facinga socirty have serious impacts on the runing of ta business firm.The influence of socio the cultural forces on business is just one side of coin.The other side is, of course of the influence of business in bringing about socio-cultural changes in societies.
A business firm must keep a close watch on the changing patterns of the socio-cultural make-up of the society in which it operates.The managers, there fore,require a high level of cultural awareness and a significant degree of cultural empathy to cope wih these social expectations

management is key of business

Management is as old as human civilization. The concept of management in fact has been in practice since ancient times.However the study of management has been started after industrial revolution.The development of science and technology has force the emerge of new concept s of management.Many psychologist, sociologist, anthropologist consider management to be a very important.

Management plays vital role in business. Without proper management no business organization can get success.Many business organization fail in first few years of operation due to the lack of proper management. Management is both art and science, which help to develop the creativity and help to be practical.Management is the art of getting things done through others ,which help to achieve success in business.If there is no management ,there no existence of business.Study of management philosophy help to get success in business. If business fail not only financial and physical resources wasted ,but also individual suffer from psychological damage. Clearly business failure can be avoided through management practices;a reason why management is a subject of increasing importance. Only those managers can be success who have good knowledge about management.Management is heart of any business organization.

Major Business industries of Nepal

The major business industries of Nepal is classified into four forms:

1.Manufacturing business industries

• Food,beverage and tobacco industries
• Textile and garnment industries
• Leather and foot wear industries
• Non-metallic mineral industries
• Chemical industries
• Mechanical engineering industries
• Electrical and electronic industries

2.Export oriented business industries

• Carpet
• Garment industry
• Leather industry
• Handicraft industry
• Argo and forest based industries

3.Import substituting business industries

• Pharmaceutical industry
• Food and beverage industry
• Chemical industry
• Iron and steel industry
• Tobacco industry
• Electrical industry
• Electronic industry
• Cement industry
• Paper industry
• Sugar industry

4.service industries

• Tourism
• Transportation industry
• construction industry
• Information and communication
• financial institution

forex and its role in business

Forex is nowadays one of the most importance format where banks and various financial institution can easily buy and sell their currency. Forex plays vital role in business.Due to Forex many businesses organization are able to run their business.Forex has also become the earning source for many people.Due to Forex many organisation runs successfully which provide jobs opportunity to various people. Forex brokers also plays vital role in maintain the exchange rate. we can easily know about the exchange rate easily with the help of Forex.without Forex rate any business organization will not able to provide the goods and services.

PROTECTIONISM AND FREE TRADE

The majority of economist believe in the comparative cost principle, which proposes that all nations will raise their living standards and real income if they specialize in the production of those goods and services in which they have the highest relative productivity. Nations may have an absolute or a comparative advantage in producing goods or services because of factors of production ,climate,division of labor,economics of scale and so forth.

However, the economist who recommend free trade do not face elections every four or five years.Democratic governments do ,which often encourages them to impose tariffs and quotas in order to protect what they see as strategic industries-notably agriculture-with out which the country would be in danger if there was a war as well as other jobs.Abandoning all sector in which a country does not have a comparative advantages is likely to lead to structural unemployment in the short term.

others reason for imposing tariffs include the following:

• to make imports more expensive than home-produced substitutes, and thereby reduce a balance of payments deficit;
• as a protection against dumping .
• to retaliate against restrictions imposed by other countries;
• to protect 'infant industries' until they are large enough to achieve economies of scale and strong enough to compete internationally.

The business cycle

The business cycle or trade cycle is a permanent feature of market economies: gross domestic product (GDP) fluctuates as booms and recessions succeed each other. During a boom, an economy expands to the point where it is working at full capacity, so that production, employment, prices, profits, investment and interest rates all tend to rise. During a recession,the demand for goods and services declines and the economy begins to work at below its potential. Investment, output, employment, profits, commodity and share prices, and interest rates generally fall. A serious, long-lasting recession is called a depression or a slump.

They highest pint on the business cycle is called a peak, which is followed by a downturn or downswing or a period of contraction. The lowest point on the business cycle is called a trough, which is followed by a recovery or an upturn or upswing or a period of expansion. Economists sometimes describe contraction as 'negative growth'.

Business Ethics

1. Business is business.
2. We should always apply our own personal ethical standards when doing business.
3. All we have to do is adhere to conventional standards of morality.
4. A company has responsibilities to its suppliers, its customers, its employees, the local community and society in general as well as to its shareholders.
5. companies have an obligation to maximize profits because shareholders expect the maximum return on their investments.
6. conduct the business with the desire of people,which generakky will be to make as much as possible.