Question

In: Accounting

Prepare a one-page memorandum on the importance of establishing credibility via business communications within your Accounting...

Prepare a one-page memorandum on the importance of establishing credibility via business communications within your Accounting declared major.

Dividing your draft into sections/paragraphs inclusive of but not limited to the following.

(2) Write a paragraph about why you want to improve in the (two selected Writing Principles) and how you will go about doing it.

Solutions

Expert Solution

  • Credibility is your reputation for being trustworthy—trustworthy to perform your work with excellence; to care about those you work with and for; to live by high ethical, corporate, and personal values; and to deliver on your promises.
  • In short, your credibility is the degree to which others believe or trust in you.
  • Credibility has always been important to business relationships, yet its importance has grown in recent years with an increasingly interdependent, knowledge-based workplace.
  • Contrary to what most people believe, trust is not some soft, illusive quality that you either have or you don't; rather, trust is a pragmatic,tangible, actionable asset that you can create—much faster than you probably think possible.
  • It is the key leadership competency of the new global economy.
  • The importance of credibility as a basis for effective communication is universal.
  • Credibility emerges from several sources, including abilities and achievements as well as interpersonal skills and traits.
  • Establishing credibility allows you to communicate more easily and more influentially.
  • In terms of ease of communication, credibility leads to less resistance from others, increased willingness to cooperate, and less likelihood of miscommunication.
  • Competence refers to the knowledge and skills needed to accomplish business tasks, approach business problems,and get a job done.
  • Most people will judge your competence based on your track record of success and achievement.
  • Example, she gained credibility and displayed competence within her organization: “I just focused on delivering results,”she said. “You have to excel at the tasks you're given and you have to add value to every single project, every conversation where someone seeks your input.”
  • People develop competence in many ways: through study,observation, and, most important, practice and real-world business experiences.
  • If you're a novice, seeking internships and jobs related to your discipline will help you develop competence.
  • How you communicate directly affects the perceptions others have of your competence.
  • Two traits associated with competence:a focus on action and an emphasis on results.
  • A focus on action implies that you seize business opportunities. “The way I usually put it is, the price of inaction is far greater than the cost of making a mistake. You do not have to be perfect to be an effective leader, but you cannot be timid.”emphasis on results:I don't believe that all a company needs to do is declare that it has values and then say, “Trust us, we know what's best.” To be a success, you must identify a goal with a measurable outcome, and you must hit that goal—every day, every month, every year.

Related Solutions

Prepare a memorandum of the accounting requirements for the impairment of long-term assets under the US...
Prepare a memorandum of the accounting requirements for the impairment of long-term assets under the US GAAP and IFRS including a comparison of the two methods. You must include citations from the Accounting Standards Codification (ASC) and the International Accounting Standards (IAS) in your memo. Treat your memo as a formal memo addressed to the Chief Financial Officer (CFO), which will also be reviewed by the company’s auditors.
prepare a memorandum of the accounting requirements for the impairment of long-term assets under the US...
prepare a memorandum of the accounting requirements for the impairment of long-term assets under the US GAAP and IFRS including a comparison of the two methods. you must include citations from the accounting standards codification (ASC) and the international accounting standards (IAS) in your memo. treat your memo as a formal memo addressed to the chief officer (CFO). whcih will also be reviewed by the company's auditors
Pick one of the toipics below and prepare a one page memo to me with your...
Pick one of the toipics below and prepare a one page memo to me with your answer. 1. Reflect on your own experience in groups with groupthink. Describe the situation in which you encountered groupthink, the symptoms that were present, and the outcome. What remedies for groupthink would you prescribe? Summarize your answers in memo form. Be sure you your example is from a personal experience rather than just reiterating what the textbook says about groupthink. 2. Think of a...
In a one- to two-page essay, consider the function of managerial accounting within a firm. Describe...
In a one- to two-page essay, consider the function of managerial accounting within a firm. Describe the purpose and scope of managerial accounting. Within the analysis explain how managers use the internal financial data to better manage the daily operations of a company. Be sure to provide an overview of managerial accounting and differentiate between managerial accounting and financial accounting. Conclude your essay with how internal and external stakeholders use financial data from both a financial accounting and managerial accounting...
Prepare a one (1) page reflection.
Prepare a one (1) page reflection.
Identify the applicable accounting convention for the following business scenario and explain your choice Charter Communications...
Identify the applicable accounting convention for the following business scenario and explain your choice Charter Communications has recently found itself at the wrong end of multiple lawsuits for failure to provide necessary services according to their contractual obligations. Senior management does not want to disclose the potential liability of these lawsuits on its financial statements.
Explain the purpose and importance of the business plan 1 PAGE
Explain the purpose and importance of the business plan 1 PAGE
This week, in lieu of your essay, I would like you to prepare me a memorandum...
This week, in lieu of your essay, I would like you to prepare me a memorandum as-if you were a National Security Staff Subject-Matter Expertise. Specifically, a staffer on the cyberspace team within the NSS. I would like you to draft this memo to me - as if I'm the National Security Advisor to the President, and you are providing me guidance on areas within the National Security Strategy where we may have "missed the mark." In your memorandum, I...
In one page write Why is establishing and maintaining organizational culture important for the success of...
In one page write Why is establishing and maintaining organizational culture important for the success of any company or organization?
this subject is business communication Short Formal 1 Page Report: DDE Remote Working Memorandum Assignment: Write...
this subject is business communication Short Formal 1 Page Report: DDE Remote Working Memorandum Assignment: Write a short formal one-page report: DDE Remote Working Memorandum. You are the CEO of a Digital Devices Express (DDE), you sell digital devices. The state of Georgia where your business headquarters reside has declared a state of emergency and a mandatory shutdown of all non-essential businesses for the next 3 months. All your workers have to work remotely for 3 months. Write a short...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT