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Business has become indispensable in our lives. It's principles serve as the backbone for economic, political and social systems at all levels. On the other hand* management is the basic necessity and pillar of a business organization, it's the catalyst without which no organization can survive and grow. Management is the key. Hence, the indispensability of business management, in the world as we know it, prompts me to delve deeper into this prolific discipline. My passion for business ignited in my youth whilst watching my father run his garment manufacturing company, wondering someday I will be filling his shoes and get an opportunity to manage the business on my own. My desire to study business management augmented over the years and led me to take business studies at IGCSE. The realm of my core discipline acquainted me to the world of business. Besides various significant notions, it encompassed why business is not just buying and selling? and why to view a situation from every stakeholder's perspective that reflects the objectives of the business? It was compelling and to get a ...
management in the business world. How to rethink the old rules of business are presented
Every organization and business enterprise has a dream of making the highest profit in all their ventures as well as minimizing all the inputs while at the same time maintaining the quality of their products and services. This goal cannot be achieved without the proper and powerful management team that directs all the organization operations and calls the shots. Management comprises of procedures and processes for rationalizing and connecting the activities of the business in order to achieve defined objectives and goals. In most cases, management is included as a fundamental of production process in the same category as machines, raw materials, and cash (Niederle, 2013). However, for an organization’s management to effectively and efficiently manage all its activities that include staffing, organizing, coordinating and controlling, it has to be conversant with rules of the land regarding
There are a lot of reasons why I chose to pursue pharmacy as my career and they all point to the most important reason: pharmacy is a great fit for my life and is something I have become increasingly passionate about. It started when I was researching careers with my parents and my dad suggested pharmacy and, simply put, it sparked my interest because at the time it was one of the few things I thought I would not hate doing. A healthcare career has always been where I put myself in the future, mainly because most of my family members are in the healthcare field. However, I have never been one that could directly help the wounded or deal with anything gory, but am very intrigued by the growing science of pharmacy. As I continue exploring pharmacy, the more I enjoy learning about it and feel like I could excel in this career.
Soaked under sweat, I stood on the running machine, took a deep breath, and counted in my mind, one…two… three, GO! With renewed power and confidence, I started to run again with satisfaction. This moment happened every day in last summer at a gym and I lost 62pounds. Had persisted for five months, I am so proud of myself that I am able to achieve the goal of losing weight and established high self-discipline. In addition, I have gained great appreciation for the challenges. However, I also have grown up from this, on the other hand, frustrated experience. Not because the process of losing weight was painful, but because my by-product of the weight loss journey, my online team.
Whoosh!A bed whizzed by, surrounded by about 6 medical personnel. “What’s going on?” I thought immediately with apprehension. I knew whatever was happening it was not ideal. Ensuring I was not in the way, I stood on my toes to see what demanded so much attention. To my astonishment, I saw a coin sized hot-pink little girl. She could not have been bigger than two quarters lying side by side.She was struggling! Even with all the procedures the doctors were executing to save her life, she was performing the most work.
My decision to become a doctor did not come in a moment of blinding revelation, but as
David Frankel’s 2006 film The Devil Wears Prada features many examples of the concepts found in the realm of business management. In my paper, I will note and expound upon some of them.
Please discuss the following items in the order given. Briefly respond to all areas listed.
You want to know what’s so difficult about being a Business manager? Business managers must oversee the activities of workers. They must ensure the customers of great quality and service. Not only do they have the pleasure to deal with great customers and valuable employees. They tend to get horrible customers and dishonest employees. Their job can be very dangerous, and as I continue this project the plan is to combine outlooks on different scenarios that goes on in a workplace, and how a business manager would handle the situation.
My current academic and extra-curricular activities have had an influencing effect on my lifetime goals. They have helped me decide to focus my efforts on attaining a finance degree with the ultimate goal of reaching a senior position in business management. The career of business management has certain pressures, challenges, and rewards that I find intriguing. It is the job of a business manager to motivate their squad to ensure progress is made, manage all the problems that arise from different road blocks, and to help their team deliver the plan that was promised. Along with the characteristics of leadership, perseverance and responsibility, to succeed as a manager one must also possess a good understanding of the financial drivers of the business.
Managers must use an unorthodox style which allows them to break free from ancient ways of thinking to develop new skills that will help them perform better in their respective businesses. By understanding that positive thinking and motivation can be taken out of context, one can be inspired to change the way that they approach tough business decisions. By also understanding that one does not necessarily need a university education to succeed in business, but by utilizing life experience they can relate business problems to real life situations, and can then solve the problem with their best interests in mind. Finally mangers and entrepreneurs must think of themselves first, and then, and only then, will they be able to successfully attack tough business decisions.
Since moving on to further education I have always shown a keen interest in Business studies. This has helped feed my enthusiasm and dedication towards the subject grow stronger and gradually has made me want to study it in more depth. I believe the reason for my passion towards the subject is due to my belief it is fundamental in today's modern society, and by pursuing a degree in the subject it can only be beneficial to me and help me prosper in this business-oriented world.
I have always aspired to be the prosperous business owner of numerous companies that are internationally renowned for affordable product innovations, affable customer service, and plentiful employee benefits. Additionally, while embarking on an educational journey to fulfill my aforementioned dream, I was delighted and altogether relieved to have discovered a historically reliable blueprint, that is worthy of constructing my ideal business from the ground up. Moreover, credible evidence indicates that the key to a successful business is centered upon an organizations collective understanding and intelligible implementation of four primary management functions.
This summer’s course in ‘Business and Society’ was a great opportunity for me to learn more about myself, my perspective of business, the role of government in society, policy makers and most importantly the views of the stakeholders. For the spring semester gone and this summer session almost all classes were tied into my major, giving me a better understanding on what I want out of my degree. My major here at Marymount Manhattan College is Finance and this class has surely helped me in figuring out, the workings of ‘big business’ and its impact on stakeholders. This course has helped me understand why many laws, at one point to me sounded absurd, but are in place to protect both industry and stakeholder. I never thought communication was such a priority in the business world until taking this class. From newly learnt material I see communication as a
Managerial decisions are an important component in achieving the objectives of the organization. The success or failure of a business depend upon the decisions made by managers (Jurina, 2011). Today’s increasing complexity in the world of business brought forth greater challenges for both the firm and its managers. The rapid rate of technological and digital advance as well as greater focus product innovation and processes that influence marketing and sales techniques have contributed to the increasing complexity in the business environment.