X100 Exam 1 study guide 2024

The learning styles - -Visual: different formats, space, graphs, charts, diagrams, maps, interesting layouts and plans. -Aural: listening, discussing, talking, questioning, recalling -Read/Write: lists, notes, handouts, print, and text in all its formats and whether on screens or on paper. -Kinesthetic: senses, practical exercises, experiences, examples, case studies, trial and error. What is a learning style? - A learning style pertains to how a student takes information in Why it is important to know your learning style? - It is important to know your learning style because it will help you be more efficient in your studies Behaving like a professional - -Make good impressions -Focus on good grooming -Be on time -Practice considerate behavior -Practicing good email and text etiquette -Practice good cell phone manners -Make safe posts on social media -Be prepared -Learn local customs Writing a professional and professionally courteous message - When writing a professional message, make sure to use proper etiquette. The book hammers this because in the business word, it is important that you establish credibility to those around you. For example, Dr. Andrews has established a rule for when we email or talk to others. "Hello Everyone," "Dear Dr. Andrews," "Best Regards," Business Stakeholders and how the focus on unique groups of stakeholders has changed over the decades - Business leaders nowadays will try to recognize the most influential stakeholders to their business and respond to their needs while still making a profit Stakeholders (definition) - A stakeholder is all the people who stand to gain or lose by the policies and activities of a business. Stakeholders can include investors, employees, customers, suppliers, etc. Shareholders (definition) - A shareholder is a person who owns shares in a company Someone that owns stock in a company is an example of a shareholder What stakeholders expect of businesses today - Stakeholders expect businesses to respond to the needs of communities in which they exist Factors of production - Resources used to create wealth: land, labour, capital goods, entrepreneurship, knowledge Environmental scanning - Involves research into, and monitoring of, different environments that affect business