BBE AECC 2021-22 BATCH

Preeti desodiya

Test will be scheduled on June- 27 June 2022- 12 pm.

Tasks to prepare/do before test.

1- Read this article and the test will be from this article.
2- Closely Read task 1-the article 1, The test will have
questions on how to understand the article, note making/
rough draft.
3-Learn jargon from task 2- Business Jargon- article to
make your own sentences.
4- Executive Summary, note making, brainstorming rough
draft can be one question too.
5- Prepare a speech that you will be giving to your team as a
CEO on how to have a good job ethic.

MAX MARKS 25 for test.

Task 1 - Article 1

 India at work: What our employees think of job ethics

Ethics: About half of Indian professionals do not enjoy their work. An HT-C fore
survey reveals our attitudes and commitment to work lives. Zofeen Maqsood
reports.More than half (52%) of working professionals in India do not enjoy their
work and do not look forward to new challenges at work. About 29% of the work
force in both organised as well as unorganised sectors feels that wasting time at
work has become an unwritten o ce culture

These are some of the ndings of the work ethics survey conducted by
Hindustan Times and C-fore, where working professionals, across sectors and
salary brackets were quizzed to study the level of honesty and dedication Indians
felt towards their professional lives. The survey threw up some interesting as well
as distressing facts
Psychologist Pulkit Sharma says, "The fact that half of the surveyed professionals
do not enjoy their work can be directly linked to e ciency. A non-enthusiastic
group will not be able to deliver e ciently." Experts say, this shows that the
foundation of nding passion in work is lacking amongst Indians

According to Anand Kumar, sociologist, Jawahar Lal Nehru University, "It

indicates that the majority is working because of compulsions; obviously there is
a little chance of them putting their best foot forward." It's often also the lack of
a happy work atmosphere that results in compromised work ethics

The link between productivity and employee happiness was established by the
ndings of Towers Watson/National Business Group Staying@Work study,
2011-12, where two-thirds (66%) of companies in US and Canada with e ective
productivity programs performed better versus 50% of companies with
ine ective programs. In another study, the Continental Europe Ethics at Work,
2012, the majority of the surveyed European employees perceived their
organisation as having positive indicators of an ethical culture. Naturally the
majority (77%) of employees' thought that honesty is practiced 'Always/
Frequently' in their organisation's daily practices

Interestingly, the survey showed that a non-enthusiastic approach does not stop
us from bonding at work. 45% said that they provide cover for their colleagues
and do not mind sharing their work in their absence
Kumar says, "Indians are homogenous by nature so empathy with colleagues
comes naturally; however the bonding often has more to do with our personal
inclinations. It's not uncommon to see a greater harmony amongst workers from
a certain region.
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 Sameer Malhotra, head, Deptt. of Mental Sciences, Max Healthcare says, " It is
important that one should be able to work seamlessly on an individual level too."
Recession, according to experts played a part in making people value o ce more.
Rajesh Kumar, CEO, My hiring club, a recruitment rm, says, "Indians are big on
reporting on time. Though they may be confusing but time spent may not be
consistent with the productivity.
Another key nding was that we regard punctuality as a big virtue, with almost
two-thirds (66%) agreeing that it is important to report to work on time. Social
scientist Shiv Visvanathan says, "Indians are known to spend long hours at work
but often the reasons are varied. For lower level workers in MNCs, an o ce
space may provide amenities like an AC and an Internet." Naresh Maheshwari,
MD, Pergo India says, "Reporting to work is desirable but long work hours do
not translate into more work, we often confuse quality with quantity.
52% of the respondents claimed that they push themselves extra, when they are
going/or are back from a holiday. Suchi Mukerjee, CEO, Limeroad.com, says,
"The concept of claiming holidays is getting rede ned in many new professional
set-ups.
Sharma agrees, "As long as one works dedicatedly, one must feel free to take o
and recharge. The idea of pushing yourself extra because you took an o may
seem idealistic but is actually like punishing yourself for no fault.
A 2006 study by accounting rm Ernst & Young found that for each additional 10
hours of vacation employees took, their year-end performance ratings from
supervisors improved by 8 percent. Frequent vacationers were also signi cantly
less likely to leave the rm
The other emerging trend was that only 50% of workforce believed in taking
responsibility for errors committed at work. Sociologist Anand Kumar, prefers
looking at the positive aspect
He says, "With the changing protocols, a small majority has started speaking
against wrong." Maheshwari is sceptical, he says, "Taking responsibility di ers
across levels. Often employees in middle and upper level take responsibilities,
however it should be a conscious call, across positions.
'Lack of work-ethics may result in corruption' — Experts
Ratan Tata famously triggered a debate when he was quoted in a London paper in
2011 saying that Britain is losing business because British profesionals are not
"willing to go the extra mile." "It’s a work ethic issue" he was quoted as saying,
and that things are di erent in India
However, experts link perception of rampant corruption in public life to a poor
work ethic on t he whole. Little compromises at work can lay the foundation of
bigger corruption. Pulkit Sharma, psychologist says, "Given the lackadaisical
approach to work, as re ected in the survey, no wonder we are seeing a
recurrence of corrupt practices.
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 Whether it is a Gurgaon hospital denied medical aid to a 13-year-old rape victim,
or instances of men in uniform committing atrocities against citizens, or even the
mess in cricket with "con ict of interest" becoming a talking point, Anand
Kumar says, "transparency in nancial conducts is essential in a healthy society.
Post Dec 2012 gang-rape, Sharma says, "A violation of work ethics on part of
state, police and authorities was displayed. The outrage highlighted that we
tolerated it for too long.

What Indian employees think about work ethics

Global Surveys on work ethics
A study published by Personality and Social Psychology Bulletin shows that the
youth are more materialistic and less motivated than past generations. Out of
surveyed 355,000 US high schoolers conducted from 1976 -2007, 39% of students
in 2005-07 admitted they didn't want to work hard, compared to only 25% in
1976-78
According to a study from the Ethics Resource Center's 2009 National Business
Ethics Survey recession played a role in improving business ethics. Not only had
the over-all misconduct gone down (from 56% in 2007 to 49% in 2009) but the
whistle-blowing also increased by 63% as compared to 58%

Task 2 for vocabulary

What is business jargon?
Business jargon is words and phrases used by business employees to convey unique ideas
and directions, such as working too hard, sending information to clients or giving mid-level
employees more authority. Though you can replace most business jargon with other
common words and phrases, the slang has become so popular it can be almost like a second
language to those in the business field.
Business jargon phrases
Here is a list of 45 business jargon phrases you can learn:
Impact
"Impact" refers to the act of affecting something through your skills or actions.
Example: "I heard your new training initiative really impacted our sales numbers!"
Boil the ocean
Business people use the term "boil the ocean" to describe an action or project that wastes a lot of time.
Example: "Don't boil the ocean by alphabetizing our client contact information."
Robust
"Robust" is a term that describes a company's product or service that has a lot of functionality and beneficial uses for its
consumers.
Reach out
Companies use the term "reach out" to describe the act of communicating or contacting other individuals or businesses.
Example: "Let's reach out to Daniels and see if he's available for lunch."
Learning
"Learning" is a noun used to describe the teachings or lessons gained from a project or event.
Example: "I had an important learning from that last seminar."
Punt
"Punting" something in the world of business is to abandon an idea or project that is no longer important, or at the very
least, make it less of a priority.

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 Giving 110%
When someone asks you to "give 110%" toward an assignment or objective, they're often requesting that you exert extra
effort into the task.
Leverage
"Leverage" most often refers to the manipulation or control of a situation or project. It's often used as both a verb and a
noun.
Example: "We need to find some leverage in this business deal" or "I'm leveraging our sales team to help us out."
Over the wall
Throwing something "over the wall" refers to sending important information to a client or customer.
Best practice
"Best practice" is a term for the most beneficial or superior method of accomplishing a task or project.
Example: "Connecting with clients on a personal level seems like our best practice for increasing sales."
Empower
To "empower" someone is to make them feel capable or to give them a certain amount of authority. This term is often
used to describe a manager or executive giving an important task or assignment to someone in a mid-level or entry-level
position.
Bleeding edge
Modified from the term "cutting edge," "bleeding edge" is used to define an innovative product or service.
Lots of moving parts
Companies use the phrase "lots of moving parts" to describe a system or business with a lot of departments, employees
and processes.
Example: "It's hard to adjust some of the small details of this project because it has a lot of moving parts."
Make hay
"Make hay" is short for the phrase "make hay while the sun shines" and is used to describe an opportunity to be
productive during working hours.
Core competency
"Core competency" refers to a company's or individual's main skill or area of expertise.
Example: "Regina's core competency is market analysis."
It is what it is
The phrase "it is what is" refers to the lack of control or care for a specific situation or project result.
Low-hanging fruit
"Low-hanging fruit" refers to a simple project or new idea that could produce immediate and beneficial results.
Example: "Selling door-to-door isn't our best strategy, but it's great low-hanging fruit."
Out of pocket
"Out of pocket" is another way for business people to say that they will be unavailable or out of the office for a
disclosed period of time.
Jump the shark
"Jumping the shark" refers to when a company or product struggles to stay relevant to the public or its consumers and
clients.
Example: "I don't know how a juicer for my car is useful. It feels the company has really jumped the shark."
Core values
"Core values" is a phrase used to describe the standards and ideas that a company or individual finds most important.

Blue sky thinking

"Blue sky thinking" is a phrase used to describe extremely creative problem-solving and innovative new ideas.
Thought shower
A "thought shower "is a group discussion or meeting to try to generate new ideas or clever solutions to company
challenges. This phrase is often interchangeable with "brainstorming."
Drill down
"Drill down" is a term used by companies and businesses to describe a thorough investigation of an idea, assignment or
project report. It's often used to uncover the important details that are most beneficial to the company's future
endeavors.
Tiger team
A "tiger team" is a group of individuals who share an area of expertise that a business or organization assembles to
develop an action plan for a specific problem or challenge.
S.W.A.T. team
In business, a "S.W.A.T. team" refers to a group of individuals that work to enact a plan or solution developed by a
company's tiger team.
Key takeaways
"Key takeaways" are major points or areas of interest that are important to remember from a presentation or meeting.
Moving the goalposts
"Moving the goalposts" is the act of changing or altering a project goal or objective, and making that project more
difficult to complete.

Game changer
"Game changer" is a phrase used to describe a significant change to a company or project.

 Example: "Creating a software that tracks our inventory and sales was a real game changer."
Gain traction
When something gains traction in the business field, it's referring to an idea or company project becoming more
effective or popular.
Aha moment
An "aha moment" is a phrase used to describe an important revelation.
Example: "Last night, I had an aha moment and came up with a solution for our development problem."
Bandwidth
When someone says they don't have the "bandwidth" for a discussion or new idea, it means they don't have the present
time or resources.
Bring to the table
"Bring to the table" is often used to describe a certain skill or expertise that an individual can offer to a company or
project. The phrase is most often used as a question.
Example: "What does Harris bring to the table for this project?"
Mission critical
"Mission critical" is a phrase to emphasize the importance of something, whether it's the key factor in determining a
successful project or an individual's quality of work for a specific client.
In the loop
The phrase "in the loop" is the act of being given important information or knowledge on a particular subject.
Example: "I told Amir about our marketing strategy, so he's in the loop."
Silver bullet
A "silver bullet" is a simple and effective solution to a problem or challenge.
Trim the fat
Trimming the fat is the act of removing unnecessary details, resources or individuals from a company or project.
Example: "We need to trim the fat. Can we combine the research and marketing departments for this project?"
Hard stop
"Hard stop" refers to a specific time when a meeting or discussion needs to end.
Example: "We have a hard stop for this meeting at 3:30 today, so we can get to our next meeting on time."
Synergy
"Synergy" is a term that refers to multiple ideas or departments that have a greater benefit when they work together than
when they work alone.

Move the needle

"Moving the needle" refers to getting effective results from a project or assignment that are meaningful to a company's
or business's overall goals.
Food chain
"Food chain" is a term used to describe a company's hierarchy.
Example: "I just got promoted! Looks like I'm moving up the food chain."
Circle back
"Circle back" refers to temporarily pausing a conversation or discussion and returning to it at a later time.
Knee deep
"Knee deep" is a phrase used by companies and businesses when they're currently stuck in an unfortunate situation.
Example: "We're knee-deep in customer complaints right now for stalling our latest product release."
Reinvent the wheel
"Reinventing the wheel" refers to creating a product or tool that already exists to help you accomplish something.
However, the phrase is most often used by businesses to describe a labor-intensive task.
Straw man
A "straw man" is most often used to describe an individual who has little integrity or substance.
Table the conversation
"Tabling a conversation" is the act of pausing a discussion with the possible intention of never returning to it again.