The Characteristics Of Business Correspondence Translation

Business correspondence is different from the ordinary means of communication of distinct characteristics, according to conventional wisdom to follow the seven principles (namely, thoughtful, complete, accurate, specific, concise, clear and polite), whose objective is to maintain a good business relationship, effective communication and conduct of normal business dealings. The core of efficiency, economy and simplicity as a concrete manifestation of the efficiency. Lies between the two fundamental Economic and inability to express a clear and efficient, efficiency is the goal, the content is the carrier, the two complement each other, are indispensable.
(A) the stylistic features of
Nida’s dynamic equivalence theory emphasized: the process of reorganization and integration of Information should be considered in the structure of discourse, especially the style. He will be divided into five style categories, both professional and stylistic, formal style, informal style, casual style, intimate style. According to his classification, business correspondence as it involves import and export business, and with banks, customs, transportation, legal and other professional knowledge is inextricably linked to, you can basically attributable to the professional style or formal styl
(B) the linguistic characteristics
Business correspondence in which the three principles of ‘accurate, concise, clear’ are the language requirements, ‘considerate, courteous,’ is the attitude and point of view against the requirements. ‘Integrity’ is the format of the request, while the ‘specific’ is a closed correspondence on the whole content of the overall requirement is to require the words to avoid white elephants, the content can not deviate from the center to express. Business Correspondence involves not only a unique professional background, but also a practical business skills, their linguistic characteristics can be summarized in two: business correspondence involves covering trade, finance, foreign exchange, customs, commodity inspection and many other fields, showing characteristics of a variety of industries Therefore, the selectivity of strong language; the specific mode of thinking of business people, cautious, pay attention to language of the sense of proportion. Embodied in the expression of straightforward, simple and bright, and light on the modification. Standardized terminology, grammatical structured, ordered the sentence in general a fixed and orderly. Discourse coherence, logic, and strong.
Business correspondence translation rather biased towards the ‘practical effect’, its main function is to deliver accurate financial information, rather than in order to achieve aesthetic effects and enjoy the results; according to different purposes, using different means to deal with different content; more stylized, the content does not Allow mistakes. Thus, the translator on the one hand need to understand, familiar with professional jargon, terminology, translation of meaning of the faithful and precise terms; the other hand, as much as possible with the right language, etc., would be relevant information more concise and accurate expression. As the commercial communications related to English and Chinese language translation and application, and the correspondence has its language, grammar, sentence structure, etc. specificity, coupled with cultural differences between Western and other factors, which determines the translation can not be in business correspondence is the absolute right and so on, but a relative and dynamic equivalence. Therefore, the dynamic equivalence theory in business correspondence translation plays an important role.

How To Decide Business

The key reason why some firms thrive while others implode through an economic recession remains a puzzle to many business-owning entrepreneurs. Some incorrectly assume that all businesses must suffer by recessionary series. But the truth is that some companies tend to be essentially recession-proof, and it is not necessarily because they are much larger, better known, or additional generously capitalized. What truly separates this successful enterprises from those that Collapse in the course of down pays out is quite possibly organized about a uniquely dynamic in addition to healthier approach to business.

Here are some ideas for creating a company which will greet any recession efficiently:

Set, measure, and consistently monitor catalog targets, product sales goals, as well as revenues. But help make profit – net benefit – the principle overriding focus.

Rather when compared with simply shooting at nighttime, those who have the correct tools can purchase targets in addition to hit these. When profits begin to drift downhill, they can certainly realign their particular focus to hone in on them in a more specific and accurate manner and obtain back on track to earning. Those who usually do not respond proactively to be able to changes are at an increased risk for not only wasting time and funds, but in addition losing their valuable buyer base and overall company integrity and congruency.

That Critical Distinction between Result and Response

Coaches often consider the should remain quiet and mindful under discomfort, so that instead of simply reacting in the random as well as haphazard fashion you can respond with more levelheaded as well as effective actions. If you’ve adequately educated and completely practiced to meet a set of challenges, responding to be able to adverse conditions is often relatively easy and flourishing. But responding to situations you are not prepared intended for or helpful to can frequently lead to knee-jerk actions which might be neither thoughtfully conceived nor efficiently executed.

This Four M’s connected with Profit

Perhaps a brilliant business strategist such as John Chapman will fail not having profit, and keeping profits by carrying out a recession is essential. But adherence towards “Four M’s connected with Profit” may also help guarantee success even if times are usually tough.

They are as practices:

Management

Intelligent managers realize how to systemize regime procedures to streamline these, while humanizing that exceptions. Which means that, such as, while customer service systems needs to be consistent as well as follow written guidelines and rules, customer service depends upon well-trained humans to spontaneously solve the issues that are usually unexpected or intriguing. They do so by understanding that core values from the company and internalizing those to beneficially represent the company under all circumstances.

Funds

Strategies for dealing with money could make or crack profitability. A booming approach in order to managing money will contain several major components. Those include things like auditing expenses and setting budgets which are understood and followed by everyone in the business. Following, margins ought to be increased – even though only progressively – to be able to fatten profits.

Marketing Strategies

Instead of just shopping for the burger, by way of example, the buyer also will buy fries and a soft drink to travel with the item. “Down-selling” successful when an individual might if not not purchase anything. Accommodate its budgetary requirements and create a customer for all his life, rather than wanting to sell them what they will can’t pay for and losing them to a competitor.

Products

Cash is King in a Recession

Nevertheless it was capable of make that strategic acquisition because it had cash around to expend and make investments while alternative banks were struggling not to lose operating capital. To obtain low and sell excessive requires purchasing and acquiring when are offering and unloading, and businesses which are recession-proofed are capable of doing so in addition to emerge via an downturn in the economy even additional energized and poised intended for profitability.

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Corrective Business Management A Tactic For Survival

Strategy
Review your business’s strategy. Does it make sense? Can it be executed? Is it too “pie in the sky?” How does it address your markets and your businesss core strengths? A clear strategic plan is the basis for success in good times and in bad times. Look at the big picture and determine the strategies needed to be set in place for success.

Execution
The best strategic and business plans are worthless without execution and metrics. Do you have metrics in place to measure performance against financial AND operational targets (objectives)? Which objectives are hitting the mark and which are not? Why? Who is accountable? What is being done to address the weak areas of performance? A business is only as strong as its weakest employee.

Customers
During a questionable or stalled economy it seems as if businesses of all sizes are quick to put customers (those who pay the bills) last. This is a definite no-no! It is time to re-evaluate what the business is doing to delight customers and prove that they come first. Customers are the companys best asset and it costs much less to keep existing customers happy than to find new ones. No matter what the business product or service offered, customers have choices. Take the steps necessary to make your business their FIRST choice. Ask THEM if their needs are being met and what improvements can be made within the company or organization to keep them satisfied and wanting to come back.

Cost and Expense
Businesses are quick to cut expenses and people when there is softness in the economy. This is so easy, that even a child with a lemonade stand can do it. But it is often NOT the right answer. First look at where resources are deployed. Most resources should be involved in driving revenue and overall customer satisfaction. Keep your overhead costs to a minimum and watch your bottom line expenses. If that means redeploying and retraining, then it should be done. Secondly, before there are lay offs cut the outside contractors and consultants and perform what you can in-house. Also, cut salaries and bonuses at the top of the organization first. The biggest cuts should be among the biggest bosses (not the customer) facing employees and sales force. Finally, ask for input, the people on the floor and in the back office usually know where the biggest opportunities for REAL efficiencies exist. Ask them, and when you do, be sure to act on their recommendations and recognize them for their ideas.

Speed
I am amazed by what the USA did to mobilize resources in a very short time during World War II on the home front. Factories went from making automobiles and refrigerators to making military tanks and aircraft in huge quantities in an amazingly short time period. Imagine what it would have been like if they had had computers. So why does everything (except perhaps the Internet) take so long today? The time frames required to develop new products and services are often years rather than months. Look at timelines required in your business today and cut them by 25% to 50% while maintaining the same level of quality if not better. It can be done and this will definitely be a competitive advantage for your business.
For example our company determined how to quick turn our design and graphics production timelines without sacrificing the final product or service. We implemented our philosophy to under commit and over deliver, and actually did it! We analyzed how much time was needed for all types of production and cut it down by 25%. Once successful, we then took another approach and cut the time down again, still delivering the same quality product and excellent service to our customers while maintaining our quality of assurance systems in place.

Innovation
It is a natural tendency of most businesses, no matter what size, to take fewer risks when times are lean and mean. This includes new and innovative ideas for products, services, marketing and the way business is done. The BEST time for risk taking and innovation is when the economy is challenging and other businesses are cutting back. While most businesses are tightening their belt, businesses that take risks and push innovation stand out among their competition. Innovation is not limited to research, development or marketing. It should encompass all functions and aspects of any business that show others that you have what it takes to survive and are taking the risk that most businesses wish they could. Either step forward into growth or step back into safety.

Terms such as flat, downturn, recession, and stalled economy drive chills through most business people at any level. Money is tighter and market opportunities shrink, but there are winners and losers in both good and not so good economies. By addressing these areas of strategy, execution, customers, cost and expense, speed and innovation, any company (regardless of size, market or industry) can be a winner during recession. It is all about being an effective leader in an economy where there is doubt about the future.

Correct management is definitely the key for a business to survive crises like the current economic climate. In order to execute correct business management, several strategies need to be observed, executed and measured. Businesses must smarten up, market, manage their people, and follow their vision.

All Such Business Transactions Carried Out Through Internet Is Called E Commerce

Ecommerce is the way of conducting of business communication and transactions through computer networks. Ecommerce is the buying and selling of goods and services, and the transfer of funds through digital communications.

Ecommerce is precisely correspondent to a market place in the Internet. Ecommerce mainly comprises of the buying, selling, distributing, servicing and marketing of products on the Internet and other computer networks. It involves online marketing, e-marketing, online transaction processing, electronic data interchange (EDI), electronic funds transfer, and supply chain management, automated inventory management systems, and automated data collection systems. Presently, it is one of the most important features of the Internet. Ecommerce is exchange of goods and services electronically with no barriers of time or distance. Over the last five years, Ecommerce has expanded very quickly and is expected to proceed further at this speed or faster.
The boundaries between the “electronic” and “conventional” commerce is gradually disappearing as more and more businesses shifting sections of their operations onto the Internet.

Ecommerce or Electronic commerce between businesses is referred by Business to Business (B2B) either than between a business and a consumer. Rather than customers or suppliers, B2B businesses mostly deal with hundreds or even thousands of other businesses. Vast competitive advantages over traditional methods are provided by carrying out these electronically transactions. Ecommerce is often cheaper, faster and more convenient than the traditional methods of trading services and goods, when properly implemented.

In Electronic Data Interchange or EDI form, electronic transactions have been around for quite some time. Each customer and supplier is required by the Electronic Data Interchange to set up a dedicated data link. To set up multiple and ad-hoc links for companies e-commerce provides a cost-effective method. Development of electronic marketplaces led by Ecommerce brings together the potential customers and suppliers to conduct mutually beneficial trade.

Difference Between E-commerce And E-business

E-Commerce and E-Business are two completely different terms but unfortunately they are always used interchangeably by many of us. The reason behind this lies in the meanings of business and commerce in English language. But there is a difference between e-commerce and e-business. There are many people who understand the subtle differences between the two and there had always been a debate among these two groups about the differences and similarities between e-commerce and e-business. The aim of writing this article is to clearly bring out the differences between the two as both of them are completely different phenomenon.

The differences between the two are as follows:

1. E-Commerce is the subset of E-Business. If you remember the Venn diagram you studied in school then you can very well understand what I am trying to convey. The later one is a very broad concept while the former one is just a small part of it. This relationship will be cleared in the subsequent points.

2. Those activities which essentially involve monetary transactions are termed as e-commerce. However, e-business is a much broader term. There are many other things besides selling including but not limited to marketing, procurement of raw materials or goods, customer education, looking for suppliers etc.

3. To sell online is e-commerce but to bring and retain customers and educate them online about the product or service is e-business. Having a website to do it is not sufficient. But, having a professionally built website loaded with latest technologies to capture the attention of the visitor and win his/her appreciation is required. When money is involved then the first thing which user looks for is safety and security of his/her money. Having a website laden with such qualities is important.

4. When Dell sell computers, laptops, monitors, printers, accessories etc online then it is not engaged in e-commerce but e-business. Let me tell you how. When a visitor comes on the website, the first thing he see is website design and navigation as well as those things which are going to help him find what he is looking for and if he directly lands on the page he was looking for, he looks for the information related to it. The information provided should be appealing and clear maximum doubts of the visitor so as to convert him in a client. Till now no money has been exchanged nor been talked about. So, was this e-commerce? No, it is e-business which guides the visitor.

5. E-commerce has also been defined as a process covering outward processes that touch customers, suppliers and external partners while e-business covers internal processes such as production, inventory management, product development, risk management, finance etc.

In all, e-commerce can be described as the use of the Internet and the web to transact business. More formally, digitally enabled commercial transactions between and among organizations and individuals. On the other hand, e-business can be described as the digital enablement of transactions and process within a firm, involving information systems under the control of the firm. Moreover, e-business applications turn into e-commerce precisely when an exchange of value occurs.

Go Through Some Crucial Tips To Design Your Tantalizing Business Stationery Templates


Business stationery, for instance letterheads and cards are said to be
highly used marketing communication tools for number of small
businesses. Meanwhile, lots of organizations offer them only little
thought running off to the closest office supplier where they actually
get a wonderful choice of various templates, fonts and colors.


Now, question is that, how will you be able to create your business
stationery templates marvelous? This article is going to focus on
several important tips that have been mentioned following.

a)
Your card must be able to reflect your business in an appropriate way
especially a window to soul. So, in case, if you require stationery so
you need to ensure that you get your stationery personally designed.


b) This is something that doesn’t indicate business stationery must
price a fortune. Majority of specialists in fact tend to develop
stationery design quite conveniently and also printing costs are
certainly affordable. Double sided and also various full color paintings
are known to be highly affordable.

c) So, if you are seeking
for numerous business stationeries like letterheads, cards and also with
compliment slip then you are advised to ensure that they complement
each other. It is advisable to set your eyes on the brilliantly designed
stationery blessed with completely professional look and also can
significantly improve image of your brand.


d) You must also ensure that you include all vital information on your
business stationery design successfully. A large number of businesses
tend to include their full contact information and also logo. Moreover,
adding several important messages as well as brief details on the
services or products your business actually offers.

e) As far as
business cards are concerned, you can easily find varieties of business
cards nowadays. They are of course different in sizes and formats. Most
of the people actually prefer to get standard size format as it is
something less likely to get lost in recipients business card holders or
drawers.

f) Moreover, if you are seeking for little different,
then you are advised to consult your designer. They can use features
like embossing, spot color, rounded corners, spot metallic and more to
make your cards more enticing. Even though these are expensive. Still,
they are said to be worthwhile for some types of services.

g)
Besides, if you are using letterheads in frequent way, you are advised
to get a template designed beautifully for your word processor that you
will certainly be able to use as a letterhead.

Identifying A Good Equipment Lease Business Partner

Time and again, many business owners bravely face the challenge of financing the business, particularly with regards to purchasing equipment. Although banks offer business loans that can be used for financing equipment, getting approved is generally not that easy, especially if you have just started the business. It is a relief to know that that there are leasing companies that offer equipment lease financing, a wonderful option for big and small businesses in the industry. In this article, let us discuss pointers on how you can find a reliable business equipment lease company.

Not All Equipment Leasing Companies Are the Same

Different leasing companies offer different types of lease services. Some lessors exclusively provide service to certain types of industries. There are lease companies that offer leasing for specialized machines only while there are lease companies that act as a one-stop shop for businesses that need any kind of lease.

Lessors also have different standards in approving leases. Some leasing firms actually have more rigid standards than others, primarily when evaluating the clients credit history. Then there are other lessors that offer special lease programs for new and start-up businesses. Thus, even without business credit, it still possible to get a lease.

The amount of lease financing offered varies from one lessor to another. Some leasing companies may provide a low lease (under $100,000) and some may provide a higher amount of lease financing ($100,000 and above).

A business owner must make sure that your chosen leasing company does provide service to the same type and scale of business that you manage prior to submitting application. It is important to look for a business equipment lease provider that offers flexible programs.

Searching for the Right Business Equipment Lease Partner

One way to find the right business equipment lease partner is to ask for help. Request for referrals from your personal contacts such as your business attorney, suppliers, banks and friends in the industry. Gather a list of potential leasing firms and be prepared to investigate what each firm has to offer. Make sure that you understand the specific lease programs offered as well as the list of requirements that you need to prepare.

The internet is also a great tool in finding an equipment lease provider. Check out websites of major equipment leasing trade associations in your State or country and find a list of recommended lessors that provide service to businesses in the same industry and scale as yours.

Choose your top three potential leasing companies and be prepared to do further evaluation. Dont forget to check the leasing companys background and reputation, the specific services it offers, the companys ability to deliver, its relationship with customers and the prerequisites in applying for a lease.

Once you have collected all the information you need, ask for pricing quotation from 2 to 3 lease firms. Do not submit multiple lease applications to more than three leasing companies as too many queries can send out a negative impression to a potential lessor.

The Dos And Donts Of Starting A Wholesale Clothing Business

The wholesale clothing industry is among of the fastest growing industry today. May it be off or online, the wholesale clothing business has become the largest trend around the world. This is because of the reason that people always needs clothes, it is both a necessity and a luxury.

Majority of individuals that set-off and start their own wholesale clothing businesses are those that already own a clothing retail business. These people are those that wanted to expand their businesses and earn more by selling their stocks in bulk.

Though these kinds of people have the necessary experience in handling a business, a wholesale is still a different business that involves processes which are distinct from those of retail. One of which is customers. Instead of selling to the public, wholesalers engage a business to business system in which wholesalers sell directly to other businesses such as retail businesses, retail distributors, exporters, and other wholesale businesses.

But other than customers, there are also other processes that make a wholesale business, in this case a wholesale clothing business, different from a retail business. Having no knowledge about these processes could lead the business to bankruptcy. So here are some Dos and the Donts of starting a wholesale clothing business.

Choosing a Storage Location

Do: Choose a storage or warehouse located near the manufacturer and retailers. Choosing a location that is physically near from a supplier or retailers can save more time and money when in comes to transport. This is particularly important for those that are only starting out.

Also, check if the cost of the rent or space is applicable for the amount of capital allotted. Do a research about several locations, if the place is cheaper than the others, and perfect because its physically near the market, then that is the most appropriate location.

Dont: Though the location is cheaper and near to the market, if the area and the location itself arent secure, then that is not the perfect place to start a wholesale clothing business. Dont start a wholesale clothing business on a location that offers too little or no security. Also, check if the location offers some laborsaving to material handling, warehousing methods, or inventory procedures. If the location cannot provide those, then the better thing to do is to choose from another place.

Order Flow Procedures

Do: Do a systematically planned order flow system. Careful planning of the order flow system is essential for starting any wholesale business. This is because when the orders from the customers start to come in, the procedure in which the stock is processed must be done thoroughly and systematically. This is to avoid unnecessary mistakes when the retailer phones in and inquire about their stock and finds out that their order will be coming late.

Dont: Avoid making the mistake to not update a customer of their order. Make sure that they are filled in with the information they deserve about their stock. So as much as possible, give them the information they need, and dont delay them.

Customers

Do: Do a list of those customers that you have failed to get. Apart from making a list of your own line of retailers and wholesalers, its also important to make a list of those that you failed to have. This is to keep track on their activities such as if they are still loyal to other wholesaler or have already left to find another one. Or if you need another retailer on your wholesale clothing business, you could ask them again to join you. You might be surprised and find out that theyre now willing to join.

Dont: Dont include those that cant show any supporting documents on their business. When looking for a dealer or distributor, make sure that they have legal documents that permit them to resell your products. This can ensure your businesss security.

Competitive Credit Policy

Do: Do a research about the competitiveness of giving credits. Giving credits to retailers and other customers is a common thing when it comes to wholesaling. It is part of every wholesalers strategy to lure customers on their business, especially on a wholesale clothing business. This allows them to buy their stock and pay for it when they have enough cash to pay. Setting up a competitive credit policy could give any wholesalers an edge when it comes to attracting customers to their business.

Dont: Dont give any credit to those customers that cant represent a complete documentation, papers, and permit for their business. Make sure that the customers are capable of paying back the credits they took. This is done by checking up on their references. Check if they were able to pay on time and complete. If they dont have the papers or any other supporting documents of their recent credit, then dont give them any credits.

Maintain A Close Contact with Retailers and Other Customers

Do: Maintain a good relationship with customers. Maintaining a good relationship with customers is the one of the most important aspect that ever wholesaler should practice. In a wholesale business, in this case a wholesale clothing business, keeping in good terms with customers can produce good results that may help proliferate the business such as loyalty and trust.

Talking with them, listening to their suggestions about the business, asking them on whats on the demand in clothing, are the ways that can insure them that you are concerned about the success of your business and of them. This builds up the credibility of a person as a wholesaler when it comes to doing business.

Dont: Dont let the customers feel as if they are just things. Mistreating a customer by letting them face a secretary or talk to answering machines could degrade their loyalty and trust to the business which could then lead them to leave. Lack of communication could also affect the wholesalers credibility in handling a business. So make sure to communicate with customers and talk to them personally as much as possible.

Business Database And The Role It Plays In Expanding Your Business

Different databases have come up with the advancement of technology and we all have witnessed their major role in the smooth operation of a business organization. Business organizations of every type and size are now maintaining an online presence and online database have become the backbone of every business website. They have become very popular for sharing, holding and gathering information. This has clearly eliminated the need of companies to store large chunks of data on their computers as that can now be stored on the internet. Builders of web database offer a wide variance of applications that include mechanism for analyzing, managing and storing data over the internet. As the applications are powered with data analysis, data reporting and data collection, they provide you with a lot of benefits. You are also free from the fear of losing any valuable data as it is backed up on numerous servers that are located at different positions. The applications are of high quality and so your online users can access it at minimal time. As the competition in the business world is increasing, it has become necessary to maintain an online presence to survive the cut throat competition. The cyber world also offers limitless ways to promote your products and services.

Database software system is required for business firms for maintaining their data. Companies take the help of databases to keep all sorts of information in an organized manner. They not only help in storing data, but also retrieving them efficiently. They have many in built features for performing specific functions. They can provide you with unlimited storage capacity so that you can store as much data as you want. While developing such a database, many factors are taken into consideration to ensure that it is perfectly fit for your business.

An organizations web database can be accessed by remote users from any part of the world with the help of internet facility. This provides a lot of opportunities for business holders to reach to a wider audience and thus expand their business. They can also work in collaboration with other organizations.

Corporate News All About The Business

The
world in which we live is most happening place in terms of business and
finance. Business news is complementing the entire arena of the
corporate world when it comes to the larger extent of decision making
and augmenting the process of redefining the growth process. As an
individual when you are moving forward to the best management decisions
and corporate strategies, it’s always mandatory to call upon a process
where thoughts are rectified and process is transparent.

The
business decisions are somehow and somewhere very much dependent on the
happenings and events that keep the greater impact on the business
endeavors. Take the instance of the recent recession that has gripped
the economy in very decisive manner. Hundreds and thousands of the
organizations were either stopped the business executions are slashed
their work force in larger extent to survive against the hard times.

Not
only in India but across the globe this recession and financial
downturns made the things harder to manage and maintain. The people now
become very cautious while taking the investment decisions. They do
believe now on the expert advice and the market news comes from several
resources. Cyberspace is now flooded with number of resources that
allegedly offer stock news and expert advices for all those who are
interested to make big money from the business. The reason being is that
sometimes the authenticity and the reliability of these sources are
always on the dock.

In.com,
a dedicated venture of Network 18 is best and most applauded place
where all the corporate news and business events are listed in very
comprehensive manner. The news from various sorts of corporate domains,
the market news, corporate trading fundamentals, rising and falling
status of the stocks and several other beneficial suggestions and
advices are the splendor of this business portal.

The business
specifications offered on the portal in.com are suggested and devised by
the business experts and the industry legends with immense experience
and skill base in business mechanisms and different stock scenarios.