• Why Auditing and Monitoring are Essential for Business Systems

    Why Auditing and Monitoring are Essential for Business Systems

    Spendingextra finances on monitoring and auditing doesn’t sit in well with mostbusiness organizations. Most people running businesses do not see the need tomonitor and audit their business. On an already strained budget it is logicalthat some business do away with the whole audit and monitoring process. For thesmooth running of an organization or a business audits and constant monitoringneeds to be incorporated into the business. Anaudit is a means of evaluating the internal controls of a business. It is aimedat evaluating the business in terms of how it is run and the efficacy ofvarious business systems. There are numerous... Read More

  • Effectiveness of Positive and Negative Feedback for Employees and Employers

    Effectiveness of Positive and Negative Feedback for Employees and Employers

    Mostemployees and employers value positive feedback over negative feedback. This isan understandable factor in the business industry, but the two types offeedback can both be beneficial. Positivefeedback informs an employee or employer that they are in the right track.Negative feedback in most cases is taken negatively because of how it isinterpreted. The customer is always right is a saying that is famous inbusiness and that should be highly adapted by employees and employers. Followingthe saying that the customer is always right negative feedback should be takenas an indication of a problem within the organization. Both... Read More