The New Business World
The NBWB offers original content on business, management, theory and careers.
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Articles from The New Business World

United Nations and their Authority in Business
2007-07-27 15:05:00
The United Nations has come to represent the majority of the world’s strongest countries in their pursuits. The history of the United Nations is interesting as it was formally the Allies in WWII and was put in place to help with the reconstruction of Europe. Today that organization has grown in size and stature.One of the greatest things that the United Nations (UN) has become known for is their work on human rights issues (Highlights: daily news, 2007) but they have also been known for their peace efforts. As nations voluntarily join the United Nations the organization becomes stronger and its influence more widespread. That does not mean that all nations enjoy equal rights under the U.N.Let us take the United Nations declaration on fighting child labor in Egypt, Lebanon and Yemen as an example (U.S. earmarks dlrs, 2007). The United Nations has given mandates on the appropriate age of children to be engaged in the work force. Corporations can decide to either embrace the mandates or ...
Cracking the Whip on Employees
2007-07-27 13:32:00
In business employees start to get loose, show up late and slow down on their assignments without constant oversight. This can be frustrating for managers attempting to increase efficiency and profit. These managers at some point want to come out and start enforcing the rules by cracking the whip. However, they should be aware of some caveats before this happens.Cracking the whip means that you are going to enforce the rules of the business as they are outlined in your Employee Handbook, postings and policies & procedures. That means every time an employee breaks a rule they will receive a reciprocal discipline. You might even go so far as to have other managers do the same thing.As the employees go about their business on the first day of your new “crack the whip” program they are getting written up in mass. The employees feel upset because they may have worked at your organization for many years and never received any discipline. Now they have a couple of documented problems in ...
Sports Betting at its Best!
2007-07-27 11:00:00
Casino’s have that great bells and whistles that get you excited as you walk towards the slot machines, poker tables or the Kino area. The problem is that you can’t just go to the casino anytime you want. The good news is that Bet365 has an online casino that you can go to as frequently and anytime you want to. If you are one who loves to game you will like how the site is designed to offer easy playing. They have one bank which you can use to bet on any of the games they offer. The have a huge selection of games that you can bet on ranging from cricket to horse racing. This can add excitement and fun the net time you watch a sporting event.http://www.thenewbusinessworld.blogspot.com ...
Squeezing Productivity Out of Your Company
2007-07-27 10:22:00
Streamlining your process can save you money. The concept that “time is money” holds true in the attempt to make your business more efficient. Efficiency in the United States is important when other international businesses can save on labor and production cost. If businesses within the United States increase their efficiency they would still be able to compete with low cost manufacturers in Asia.Let me give you an example. A worker in Asia makes $1.00 per hour. He works 8 hours a day and the labor cost is somewhere around $1.50 per hour per worker. These same workers can product 4 products in a day meaning the cost of labor per product is around $3. Now let us say that the American worker earns around $10.00 per hour. The total labor cost with benefits, insurance, etc. is $15.00. After an 8 hour day that worker would have to produce 40 products during his/her shift to compete.When the product costs $3.00 in labor to produce in Asia or the United States the U.S. is likely to receiv ...
By Savvy When Dealing with Co-Workers
2007-07-26 18:51:00
For years we have been taught from the old religious principles that people should be kind, humble, friendly and trust in other people. Unfortunately, the world has changed around us and we are no longer able to effectively live within this hypothetical utopia. People are looking to get forward in life and we must keep some cautious distance when dealing with others for fear of tripping on our faces. Treat people according to what they show you.Being savvy will help you make it through the corporate ranks and get what you want. Savvy means that you have mystery about you, know how to treat people and stay away from major pot holes. If you are savvy your bosses will promote you because they are aware that dealing effectively with people is a skill that is not easily learned.What does that mean? It means that you treat everyone fairly and with respect. The initial meeting is formal, friendly but somewhat subdued. Don’t reveal a lot of information about yourself but be willing to listen ...
Paintball Equipment for the Enthusiast
2007-07-26 15:30:00
Working together as a team requires both in the office and out of the office effort. Paint ball is considered a great sport to get members to take their team work seriously and with great effort. You might be a paintball enthusiast. If you are a paintball enthusiast you might enjoy the huge selection of equipment at Ultimate Paintball. They carry the top guns like Tippmann A-5, Tippmann 98 Custom, Smart Parts Ion, Spyder Pilot ACS and many more. They have goggles, clothing, paintball markers and other equipment that serious paintball sportsman enjoy. The best part about the site is that they allow you to purchase all your equipment at one time and from the same place. Prices are better than competitive.http://www.thenewbusinessworld.blogspot.com ...
Critical Decision Making and Ethical Leadership
2007-07-26 15:20:00
Ethical leadership might sound like a misnomer in a world where so many scandals have made it into the headlines (i.e. Enron) but the concept still holds some validity as a way of doing business. Before we can discuss the need for ethical leadership we need to understand what ethical leadership is. Ethical leadership is a leader who maintains a certain standard of principles when conducting business and dealing with the public. This leadership will take into consideration not only the profits of the shareholder but also the needs of the people in the organization and the public. A leader who sells his sole for the almighty dollar may find that people do not trust, respect or encourage any dealings with him or her. In order for a leader to be ethical he must have the ability to have critical thinking skills as well. Let us say that a leader must make a choice between two competing internets. If we assume that these competing interests are the shareholders and the public he would have to ...
Yo Mamma Is so Funny!
2007-07-26 13:30:00
Ok, so I know that you're probably already familiar with Wilmer Valderrama's show on MTV, "Yo Momma," but what you might not know is that MTV just recently started an online part to the show – it's basically an enormous online bank of yo momma jokes and slams. Check it out at yomomma.tv and you can start battling other users around the world, or come check out their yomomma myspace page to meet other people that are just as interested in Yo Momma as you are.http://www.thenewbusinessworld.blogspot.com ...
Avoiding Office Politics in Your Business
2007-07-26 12:57:00
Office politics can be a huge factor in the downfall of any business. When the politics are played people begin to encamp themselves and the organization suffers. The organization will be less innovative, people will be promoted based upon their personal friends (not their skill) and high standards of work quality will be diminished. To rid your business or organization of these politics will require the ability to make fairness a standard in your company. You must start with yourself.You are the one who helps to develop the culture of the company. If you give your friends the promotions, only talk to certain people, and are disparate in your treatment there is a good chance that your department heads will do the same thing. If they do it the problem will filter down to the managers and employees. It doesn’t matter if you are the owner or the CEO you have to set the right example first.Steps to a Politics Free Workplace:1.) Give Everyone the Same Consideration: Every manager and empl ...
Workplace Cleanliness and Workplace Morale
2007-07-26 09:29:00
Workplace cleanliness is very important for employee moral. Just like you want your customers to have a good impression of your business you will also want your employees to have the same impression. A dirty and ugly workplace will reduce overall moral and increase turnover of employees. If you don’t respect your business there will be a good chance that they won’t respect it either.Let us assume that you have a dirty work area like that typically found in garages and warehouses. The floors are dark, full of dirt, the bathrooms have graffiti, the garbage cans are overflowing and the office has oil all over it. Your workers see this dirt and think to themselves “what a junk yard” and will perpetuate the problem by not taking care of their work. In other words they will continue to throw their stuff around because it is useless to be the only one taking care of the property.Let me give you an example of a company that cared little of the condition of their building and the enviro ...
Development of New Business Theories
2007-07-25 18:33:00
Theory must change in order for it to be accurate. In the business world, with its rapidly changing environment theory must likewise change to keep pace. Outdated theory means that the country is working off of a model that is obsolete. These obsolete models can affect the future viability of America’s business environment. Theories can apply to nearly any concept that we can imagine. These theories can apply to ethics, money, economics, trade, relations, or anything else. The process of how these theories develop and become know as theories is relatively the same. These steps are not mutually exclusive and actually act more fluid than one would think. There are steps to the changing of a theory that many people might not be aware of. One of the most important components of changing theory is laced within the experimentation phase where findings are repeated and questioned by their peers (Ji-Hong, 2007). This process of skepticism helps to show that the theory has some grounds for wi ...
The best inventory on new and used cars!
2007-07-25 14:20:00
It's never easy to have to admit that you need a new car, but thankfully Conklin makes it easier. It's easy to see why they're the biggest dealer of Used Cars in Newton, Kansas. Just look at the selection! I know you'll be impressed not just with the selection, but with the service you get from this Kansas Car Dealer. Don't let apprehension about getting a new or used car stop you from visiting Conklin – they've been doing this for years and I know they'll have just what you're looking for. They'll be your first and last stop in your search for a new car.http://www.thenewbusinessworld.blogspot.com ...
Safety is Your Work Place Accountant
2007-07-25 14:17:00
Most companies put up safety information. You walk into the lunch room or locker room and you see safety information plaster all over the walls. The workers seem to ignore these signs as they fail to put on their safety glasses, don’t use their work gloves and play with chemicals like they were washing their car. The worst part about is that many companies don’t seem to care much about safety either. As managers and labor relations representatives walk through the shop floor they conveniently ignore those violations. Thus people come to understand that safety really isn’t that important. The cost of workplace injuries every year is around 45 billion dollars. This doesn’t include any cost associated with unreported injuries or those injuries that develop over a lifetime. With the high cost of injuries the total cost of workman’s compensation can rise. As this cost rise it means that the company is losing revenue unnecessarily. As managers and labor relations representatives i ...
Metal Cabinets in Your Kitchen Add Beauty and Quality
2007-07-25 10:01:00
There are plenty of kitchen cabinets for people to choose from. The material is as diverse as the style. You could update your kitchen with stone, wood or metal cabinets. Prior to this time metal cabinets were seen as something that would be put in a garage. However, the design and the quality of these cabinets have improved to the point that they are both beautiful and cost effective.http://www.thenewbusinessworld.blogspot.com ...
Avoiding Fraud from Employees
2007-07-25 09:58:00
Fraud is big business. There is over 400 billion dollars lost out of U.S. businesses every year due to fraud. Whether its forged checks, theft or internet scams, fraud can cost your business a lot of money. You trust the people who work for you but they continue to take advantage of that trust. Business owners are not completely helpless when it comes to fraud. There are signs that employees will exhibit when they are taking money out of your back pocket. They will give these signs because their circumstances and conscious are distressing for them and your money is the closest solution to their immediate problems. People often get tempted to steal from their employer when they are under financial distress. They may not tell you directly that they are having huge financial problems but they will let you know through regular conversation things like bills are piling up, their spouse wants to take an expensive vacation and their kids need to go to college. You may also find they start to ...
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