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Why Business Ethics is Important?

Why Business Ethics is Important?
Ethics is knowing the difference between what you have a right to do and what is right to do. Tell us what do you think about Elon Musk’s Business Decision? This is a classic case for an ethical debate. Tesla CEO Elon Musk has been facing criticism for his plan to charge Twitter users USD 8 a month to get or keep a verified account. pic.twitter.com/3t5ahItE5z— Elon Musk (@elonmusk) November 8, 2022 He shared a hilarious meme in which he claims, while people are happy to pay $8 for a Starbucks coffee but complain about paying for a Twitter verification tick. He then shared another photo of a $58 sweatshirt. pic.twitter.com/kGncG7Hs3M— Elon Musk (@elonmusk) November 2, 2022 Visit our Gumroad Shop where we offer great digital products that will aid you in completing your projects both at workplace and home front. Planner printables, Inspirational Quotes, Checklists for all genres, DIY Ideas, Business Ebooks and much more…Our motto is “Maximum Value at Affordable Prices.” Professional code of ethics will encompass the following IntegrityAttitudeKnowing your limitsBeing fairBeing true to yourselfLeading by exampleAlways trying your hardestSeeking constant improvementBeing open mindedBeing grateful Read on – Famous examples of Social Enterprises Business ethics is the code of conduct imposed on employees or members of certain profession. Examples include punctuality, time management, confidentiality and transparency. While personal ethics govern a person’s whole life, it might be a good place to start -since it lays the foundation that helps the individuals to project the same values into their work practices. There is a saying that inspires me to the core – “If people don’t know you for your work ethic, you ain’t working.” Integrity gives you real freedom because you have nothing to fear since you have nothing to hide. What are the differences between these three? Charity – Non profit, not generating revenue or profit Social Enterprise – A combination of business and social goals, but with emphasis on the latter. Profit is reinvested in community or company. For Profit Company – Profit maximizing company, CSR and social impact considered add-ons to the core business agenda. So, lets talk about social business. What is a Social Business? A business that is designed and created to solve a social or an environmental problemA non dividend business The 7 principles behind a social business shall be Social and environmental issue is the business objectiveFinancial and economic stabilityInvestors get back their investment amount onlyOnce investments are paid back, the profits are reinvested for expansionEnvironmentally consciousWorkforce gets market wage with better working conditionsDoing it with joy Let’s find out how to create an ethical framework Define your core values early onIntegrate ethics in your hiring processLead by exampleCreate a culture of openness and welcome dissentCraft values everyone can ownLearn from immediate peers or distant modelsRemember that institutional character is fragileKnow your limits as a leaderEstablish an independent board Now brands talk so much about sustainability and being eco friendly. While it is manadatory for us to recycle the resources for the well being of forthcoming generations and to reduce pollution, how many businesses are truly satisfying their social reponsibilty is a million dollar question. Shop Local I personally feel “supporting local small businesses” is a genuine and direct way of contributing to the society as a responsible individual. 7 Reasons To Shop Local And Support Small Businesses – This is a great read as to why you should consider shopping local instead of big chain...
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How to Create an Ideal Logo for Your Brand?

How to Create an Ideal Logo for Your Brand?
What is an Ideal Logo? An ideal logo is distinct, appropriate, practical, graphic, and basic in form, and it expresses the intended message of the owner. An effective logo typically has an idea or “meaning” that conveys the desired message.  What Element of the Logo is Crucial? Identifiable. Your logo must, above all, be quickly recognised as part of your brand. It should unmistakably convey the principles and products of your company. Consider how the use of colour and type might affect how the design is perceived. What Exactly are Minimal Logos? A minimalist logo eliminates superfluous colours and decorations to produce a mark that is at least as powerful as a complex design. Don’t mistake minimalism for an unfinished or basic appearance. Although simple, minimalist logos are not simplistic. Why do Businesses use Simple Logos? Instant Recognition Is a Strength of Minimalist Logos Wordmarks that stand on their own attract attention and have a strength that excessive imagery lacks. This design approach produces a contemporary aesthetic that can develop and expand with the business by strictly using text and large fonts. Are Minimalist Logos Good? The research suggests that minimalist logos aren’t effective because they do not convey what the business does. Minimalist logos, according to the research, do not translate to making a brand more profitable. For new firms who seek the advantages of both a distinctive typography and a distinctive symbol, combination logos are wonderful. Abstract logos use graphic components to convey a message. Customers are more likely to recall abstract logo forms since the human brain is stronger at remembering distinctive designs. What are 3 Things a Logo Should be? Appropriate – The tone of a logo should be appropriate. It doesn’t have to say all that much.Distinctive and Memorable – It must be different enough to stick with us. The “doodle test” ought to be successful.Simple – Logos are exhibited in a variety of mediums and sizes. It needs to be able to be produced in every pixel size. Because of this, a good logo is one that is incredibly, incredibly simple. The 9 Types of Logos 1. Wordmarks/logotypes As their logo will show on all of their marketing materials, wordmarks are a wonderful option for businesses with memorable names or those looking to spread their name throughout the world. 2. Lettermarks/monogram logos For companies with a decent level of brand recognition already, letterform logos are a wise choice. Otherwise, it could be difficult to persuade people to recognise and remember the name of your business. Long-named brands can also benefit from them. 3. Letterforms It’s usual practise for brands to utilise their name’s abbreviation. If you’re working within such parameters, you could wish to follow tradition and design a lettermark logo. For companies with lengthy names who wish to make a condensed version more memorable, lettermarks are a popular option. 4. Logo symbols/Brand marks/Pictorial marks Finding the ideal illustration for your logo symbol might be difficult, especially if your company is still relatively new. It may take some time for customers to remember your logo and associate it with your business, and you may grow, change, and add new products as time goes on. Utilizing these kinds of logos has the benefit of establishing a powerful tone of voice. A cleverly created logo can become quite memorable if your business becomes well known. 5. Abstract Logo Marks If you decide to create this style of logo, make sure you’ve established your brand identity and know exactly what you want to communicate to your target audience. Additionally, for international firms whose names don’t translate well into multiple languages, an abstract logo mark can be...
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Understanding Your Happiness in the Workplace

Understanding Your Happiness in the Workplace
When you think of your career prospects and your personal life, you might not be someone who tends to think of your happiness as being something that makes a success story. However, your working life might comprise a high percentage of what you do in any given week and putting your emotional state to one side for that long could have negative consequences on your mental health. There are many ways in which your happiness might be affected in the workplace, and that means that there are potentially many ways for you to go about improving how you feel, if you think that there is room to do so. Mistreatment and Resolution Not everyone is fortunate enough to work in an environment where they are valued as individuals by their employer. To those who do work within an unpleasant or negative space, it can feel as though you’re trapped, with little that you can do about it. There are always HR and similar routes if you feel as though something needs to be done about it, but it might also be that the problem that has arisen is to do with a particular issue or dispute, such as something to do with overtime pay, for example. In these cases, it helps to be sure. Therefore, taking the steps to calculate regular rate of pay can help you to understand your position and if you’re being taken advantage of, potentially leading to the next step of getting legal help involved. The Space Itself You might not even think about how much the physical space that you work in impacts your happiness, but if you’re finding yourself to be miserable most days at work, it could certainly be worth investigating. If you don’t find yourself in a position to do much, it can lead to some despair, but it also might be something that opens a conversation with your co-workers and employer. Therefore, the first step might be to simply recognize the kind of impact that workplace design can have on the mood and productivity of the employees working there. When tied to productivity like this, the move to have the environment changed for the better could appeal to the reasoning of the higher-ups. Your Personal Time If you’re someone who doesn’t particularly enjoy your time spent working, it might cause you some dissatisfaction that it takes up so much of your personal time. If this is the case, it might be time to consider some flexible working options that could potentially change that. If this is a conversation that your current employer is willing to have, it might help you to adjust more comfortably within your current job. However, there’s a chance that they might not be willing to do so, meaning that you would likely be encouraged to look for work elsewhere in order to find a situation that suits you better. This might not be such a bad thing, though, and understanding what makes you happy in a day-to-day way can help you to customize your career to your own...
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Beginner’s Guide to 50/30/20 Budget Rule

Beginner’s Guide to 50/30/20 Budget Rule
A small intro to personal finance is inevitable before we explain the 50/30/20 budget rule. Why Is Personal Finance Important?  Learning Personal Finance not only helps you to manage your day-to-day financial needs but also aids in planning your financial future. The sooner you get a hold on personal finance, the better your long-term financial prospects will be for things like investing or planning for retirement. What are the 5 main components of personal finance? SavingInvestingFinancial protectionTax SavingRetirement planning The Pathway to Financial Freedom – The 5 Golden Rules of Money Let us understand what the financial experts say about how to handle money when it comes to your pocket. Payday is not only mayday but also hayday. You have to streamline your income in order to lead a hassle free and peaceful life. Rule # 1: Spend Less Than You Earn or Earn More Than You Spend Rule # 2: Create an Emergency Fund Rule #3: Save or Invest the Rest Rule #4: Capitalize on Your Skills & Create a Side Endeavor Rule #5: Own Income Generating Assets That Create Passive Income Streams The ideas listed above are truly practical in nature and works out 100% of the time. Passive income is equally important as this income stream might become your mainstream income during a dire need. We have compiled an amazing Budget Planner for your ready reference. Download and Enjoy. 👇 Tell us if you found it useful. Simple-Monthly-Budget-PlannerDownload What is the 50/30/20 Rule of Budgeting? Given below is the thumb rule for budgeting and this method is good for beginners or those who suck with money. This cheatsheet will teach you how to “Live within your means.” The beauty of 50/30/20 budget is in its simplicity. All the income is broken up into three spending buckets. 50% for the needs, 30% for wants and 20% for savings and debt. The Split 50% Needs Health life, disability and other insuranceCar insurance, maintenance and gasMedical bills and prescriptionsUtilities phone and internetPublic transportationDaycare and tuitionMortgage/rentGroceries 7 Ways to Increase Your Income! #reels 30% Wants GiftsTravelCable TVEating outCharitable donationsMakeup and hair productsHome decor and furnitureClothes, shoes and accessoriesMovie, sports and concert ticketsStreaming services and other subscriptions Signs You’re A Lot Better With Money Than You Think! #reels 20% Savings Retirement savingsPersoanl loan paymentsShort term savings goalsEducation fund What are some practical budgeting guidelines to follow? Read on to find out what budget percentages popular financial guru Dave Ramsey recommends. Here’s a breakdown of each category, based on Dave Ramsey’s advice: Giving — Ramsey recommends giving 10% of your monthly income to worthy causes.Saving — Saving 10% of your income for retirement, which ideally is within a 401(k) or IRA.Food — Includes both grocery shopping and eating out.Utilities — Cell phone, cable, internet, gas, and electricity.Housing costs — Rent or mortgage payment, along with property tax, home or renters insurance, home maintenance, HOA fees, and PMI.Transportation — Any and all transportation costs, including public transportation, car insurance, oil changes, car payment, gas, DMV fees, and parking.Health — Medical and health care bills (not including health insurance premiums) such as co-pays for doctor visits, prescriptions, and dental care.Insurance — Life insurance, health insurance, and disability insurance. Auto insurance and home insurance is placed within transportation and housing categories. Recreation — This is your fun money. Any lifestyle expenses, such as gym memberships or kids’ activities, as well as entertainment expenses like Netflix, Hulu, sporting events, concert tickets, babysitters, and travel.Personal spending — Personal care, haircuts, Amazon purchases, clothes, shoes, home furnishings, home decor, etc.Miscellaneous — The “stuff you forgot to budget for” category.  The Complete Personal Finance Course: Save, Protect, Make...
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Beginner’s Guide on How to Embed Outlook Calendar into SharePoint

Beginner’s Guide on How to Embed Outlook Calendar into SharePoint
SharePoint is an elaborate collaborative web-based platform designed to work with Microsoft Office applications and other related solutions. Fortunately, SharePoint is also an integrated solution for ecommerce platforms that use Microsoft’s ASP.NET framework. This means that teams in an ecommerce business heavily rely on SharePoint applications to collaborate. One of the tools in the environment is the SharePoint calendar. It allows sharing scheduling of events and tasks as well as communication through actions. One of the best things about SharePoint calendar is that you can sync it with Outlook calendars because they are both Microsoft products. This article will look at how to embed Outlook calendar into SharePoint for ease of operations as it helps teams to view all tasks in one dashboard and avoid a lot of unnecessary navigation. How to Add Outlook Calendar to SharePoint The first step is to create a new calendar in SharePoint, which you probably have if you have been using this solution. From here, you can navigate until you get an option to “sync to Outlook” and then allow. Sometimes, it appears as “connect to Outlook,” which is all the same. Complete Guide to Microsoft SharePoint Online To add Outlook calendar to SharePoint, you need to click the “allow” or “yes” button. Customizing the synchronization by choosing the files and libraries to be shared is also very important. So, ensure that it is done at this point in how to add Outlook calendar to SharePoint. Add Outlook Calendar to SharePoint Through Virto Calendar You can embed Outlook calendar into SharePoint. Virto Calendar is a web part for SharePoint and works perfectly with Office 365. The Virto Calendar settings will allow you to upload Outlook calendar to SharePoint. But you will have to go through an extra step of adding the emails of people you would like to share the calendar with to correctly add Outlook calendar to SharePoint. Likewise, you will give permission for what they will see and do with calendars by checking or unchecking the necessary boxes. How to Manage a Shared Outlook Calendar in SharePoint Whether you embed Outlook calendar into SharePoint directly or through an ecommerce platform, you will manage the calendars directly on SharePoint, which is easy. First, you will see all your activities on the Outlook calendar on your SharePoint dashboard. Depending on the permissions and rights that you possess, you can do quite a number of things to the calendar such as editing, adding new calendars, and deleting. Whatever you do on SharePoint will be reflected on the Outlook calendar when you embed Outlook calendar into SharePoint. Teams are given the right to manage these calendars during the time of sharing. Hence, the team leaders should ensure these rights are well issued to make operations as easy as possible. Benefits and Reasons to Embed Outlook Calendar into SharePoint You should embed Outlook calendar into SharePoint to enjoy all the benefits we are going to discuss, especially if you are using an ecommerce platform. If you are looking forward to easy team management and collaboration, then this should not be an option for you; just upload Outlook calendar to SharePoint. Here are the benefits and the reasons to embed Outlook calendar into SharePoint. Master Microsoft Outlook – Outlook from Beginner to Advanced · Avoid navigation back and forth – Bringing both Outlook and SharePoint calendars to one platform reduces the time wasted navigating back and forth. Additionally, the employees will avoid confusion and time wastage that would be used to look for tasks and events on both calendars if they did not embed Outlook calendar into SharePoint. Lastly, it is easy for leaders and teams to...
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