Professional Business Report Essay Example | Topics and Well Written Essays - 1250 words - 1

Professional Business Report - Essay Example Certain topics in different business courses are primarily important as far as the business world is concerned. This paper explores three key topics that are essentially influential in the business and professional setting. The first topic of focus is the 7Cs. The 7Cs stand for cash, customers, culture/coworkers, change, clock, cooperation, and communication. This topic is essential because it covers the most critical factors that drive business success. Business enterprises deal with the outlined factors on a daily basis. To start with, business enterprises and entrepreneurial ventures operate under profit motives. The bid to earn maximum revenues, minimize operational costs, and make high constitute the simplest goals and objectives pursued by businesses. The cash factor, therefore, fosters the understanding of business dynamics especially in regards to financial goals, decision-making, and management. The customer is an important party in the business world. The success of any given enterprise depends on the extent to which customers’ interests are met. At the same time, an enterprise cannot base its success on markets without accounting for the welfare of the consumer. In this respect, the customer is the primary driver of the business world. Even with high quality and affordable products and/or services, an organization cannot perform without selling and doing business with consumers. This lesson is critical because individual going into the business world must understand the importance of customers or consumers in the business world. The third component in the 7Cs accounts for culture/coworkers. The business world cannot do without these two fundamental aspects. In today’s business world, cultural diversity is the order of the day. Globalization and liberalization of both trade and commerce has increasingly converted the world into a highly