Insights and Takeaways Assignment Example | Topics and Well Written Essays - 1000 words

Insights and Takeaways - Assignment Example In the realm of business communications, context could be understood as the events, circumstances and ideas that are imminent on the way in which a particular business communication is understood and made sense of (Frey, 2004, p. 58). Thereby, while pursuing this course I realized that context happens to be the most vital concept in any type of business communication. In the human communication and more important in business communication, I have realized that context happens to be a really important things as it is the context which enables a person to cull out or deduct meaning from a communication (Frey, 2004). In fact, the business communications do extend meaning only when they are understood and interpreted within a specific context. Thereby, I have realized that the knowledge of and subservience to context in business communication is always important. The other amazing insight I accrued regarding business communication was the relevance and importance of cultural differences in the conveyance and interpretation of business communication. Engaging in effective business communication with people from other cultures could indeed turn out to be a challenge. I realized that the way people think about, interpret and convey communications is to a great extent determined by their cultural mindset and beliefs. Same words and tones could convey different things to the subjects affiliated to different cultures (Schirato & Yell, 2006, p. 18). Thereby, business communication in the contemporary globalized world certainly does have an unavoidable cultural aspect associated with it, which does need to be taken care of by all people engaging in communication with people from different cultures. It was indeed amazing to realize that for a business communication to be fruitful and effective, it does need to be concise, clear and in consonance with the information being

Financial Management Essay Example | Topics and Well Written Essays - 1000 words

Financial Management - Essay Example In order to cope up with this era of efficient and advanced technology NYSE has an advanced computerized system and more than 50% of its trading takes place electronically. (Stock Market Investing Guide) National Association of Securities Dealers Automated Quotations (NASDAQ) dates back its origin to 1790. It became a public company in 1987. It is the first company that sold and offered its own technology to empower other exchanges of the world. NASDAQ is also the first exchange to offer double listing and it has also consolidated the Global Market to great extents. NASDAQ has improved its technology, trade and business magnificently since last few years. Innovation lies in the roots of the company. They work to collaborate the dreamers with the doers. After a consistent and efficient growth rate since last 10 years NASDAQ now operates in 26 different locations with in 17 countries. To control the functions of such an immense organization scientific technology is a necessity therefor e NASDAQ has a completely computerized system where all the trading takes place electronically. (NASDAQ OMX) Whenever there is a discussion about stock market the two names that strike one’s mind urgently are NASDAQ and NYSE. The two of the biggest plat forms where trading of stocks takes place. Both of these organizations have a major share in worldwide or Global Market. The major similarity between both these organizations is that they deal with the trading that is buying and selling of stocks. These are the platforms where buyers and sellers meet each other and have transactions settled between them. Another common factor between NASDAQ and NYSE is that both of them are public entities where different companies can get enlisted. (The NYSE And Nasdaq: How They Work). Apart from these factors there is a large difference between the working mechanism and operating system of both the organizations. The basic difference between NASDAQ and NYSE is their â€Å"location†. L ocation here does not refers to an address but instead it’s the place or floor where trading takes place. In NYSE trading takes place on physical floors that is the traders (buyers and sellers) gather on New York trading place and buy or sell the stocks physically by themselves. Where as in NASDAQ trading of stocks takes place through an electronic medium (telecommunication). People here do not meet each other at some place to make arrangements and decisions about the value and price of their stock but instead investors and buyers or sellers have direct transactions among them through telecommunication. Another difference is that NASDAQ is a dealers market where buyers and sellers do not transact with each other directly but instead there is a dealer who facilitates trade among them. On the other hand NYSE is an auction market where individuals (buyers and sellers) physically indulge in trading and an auction takes place in which the maximum offered price is matched with the minimum demanded price. In NASDAQ the dealer who is also known as the market maker deals with the problems, flaws and errors that might hinder company’s growth and progress. Whereas, in NYSE there is a person, known as a specialist, who is responsible for taking care of such issues. There is also a difference between the companies which are listed in both the markets. In NASDAQ there is a higher ratio of technology oriented companies that deal in electronics. However, most of the