With today’s technology and modernity, everything is subject to change and evolution especially when it comes to business. According to Paul Reynolds, founder of the Global business management Monitor , “by the time they reach their retirement years, half of all working men in the United States probably have a period of self-employment of one or more years; one in four may have engaged in self-employment for six or more years. Participating in a new business creation is a common activity among U.S. workers over the course of their careers”. 52 In recent years, entrepreneurship has been claimed as a major driver of economic growth in both the United States and Western Europe. U. S. Steel Corporation’s survival of the ups and downs of the economy through a century of dealing business was due its resilience and flexibility to change and adapt through time. It did not limit itself solely to â€˜manufacturing steel’ but made the necessary adjustment and joint venture in order to survive. In the end, it went back to being just a steel industry, focusing its development and expansion solely to pursue its visionâ€”making steel. Now the company is back at its feet, a model of a stable firm that has weathered the economic storms.
If you only want to work a set number of hours per week, you must identify the products and services that deliver the returns you need to make that a reality. Doing so helps you refocus your productivity on the most lucrative profit streams. Business software is a type of program that assists in enhancing the productivity of the business and then measuring it. It has a wide array of application area. It varies with the variation of the size and shape of the business. Businesses can be categorized as small, medium and large. The small ones use the kind of software that consists of accounting packages and Microsoft office and Open office programs. The medium size business has a wider range of software application. It ranges from accounting packages, groupware, customer relationship management, human resource package, shopping cart program, loan originating package, field service programs and some others that can increase the productivity.