---------- Forwarded message ----------
From: archit chhajer
Date: Thursday, December 23, 2010
Subject: sop
To: asiya@edwiseinternational.com
STATEMENT OF PURPOSE
Soon after taking up B.com for my undergraduate studies, I realized the superior career prospects for an entrepreneur - one that not only innovates within an organization,but also undertakes bold ventures to establish a new enterprise.Among the multitudes of the professional outcomes of the business standard is indeed an immense significant which fetch us the remarkable outcome magnificently with the globalize rapport is an unambiguous fact.
An efficient business shall no doubt elevate the autonomous body to the pinnacle extent based on the worthwhile performance. So mingle in to such a busily oriented field basically the knowledge of business management is quite compulsorily imperative. However, the current worlds among the burgeoning population are with a rapid speed functioning with the thriven technology in multifarious types of businesses categories and making the businessmen as a lucrativ...
Business has been in charge of the upgraded innovation that has generally supplanted the drudgery of most physical work, an outcome in part of the innovativeness of business and its readiness to take and bear the weight of money related hazard. Besides, maybe no establishment in our regular life is more proficient in its operations and more discerning in its association than business. No foundation is more receptive to the requests of its constituents than business.
A business can either take a step forward or a step back depending on the external and internal influences and how they handle them, they can either flourish or enter stages of degradation and cessation. External and internal influences on a businesses plays a part in the opportunities that arise in the industry the business operates in, otherwise the business may choose to venture out of it’s defined industry depending on the opportunities at hand. Businesses are affected by internal and external influences to a degree where they are either benefiting or suffering from the way they handle opportunities that arise. The five articles depict the problems encountered by businesses no matter their size or industry.
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.
Organizational structure is one of the three key organizational assets that could contribute to the effectiveness of operations of any organization (Zheng, Yan and Mclean 2009) It is joined together by different flows of information, decision processes, hierarchy of authority, specialization and working materials. (Enz 2009; Mintzberg 1980) Furthermore, it also determines the operating workflow, control of information, decision-making in the organization and the line authority (Mintzberg 1980). The facets of the organizational structure, the relationships that exist within it, and how the business processes (Bititci et al 2011) are controlled, determine the managerial style that should be utilized in addition to the strategies the organization could implement. Going further, a company’s organizational design and the parts that constitute it are seen as a contributing factor to superior performance, which ultimately provide an organization with competitive advantage over its competitors. (Enz 2009; Zheng, Yang, and Mclean 2009)
Businesses exist to produce goods and services. If someone is thinking of starting up their own business or becoming part of an existing business, they would have to have the knowledge of what makes business work successfully and know how to how to apply that knowledge in the particular area of business. For this unit I will be entering and exploring the world of business. For this unit I will encounter and evaluate information provided by certain businesses and actually gather my own information from at least one business. The business I have chosen to study is J Sainsbury’s.
Sometimes people invest in businesses, but they are unable to thrive through financial crisis when they arise. The book has used several examples to helps business managers to see through their institutions during financial depression periods. When business management uses various innovative ideas, it can be able to defeat market inflations that affect the business. Investing in many innovative ideas helps business to ship in profit from different sources. The sources of income mutually benefit from each other. Therefore, should one source fail it can be supported by others. The book has given various concepts in business management. These concepts help managers in collective decision making that propel business towards goals achievement. The concepts in the book also help managers and entrepreneurs in managing the workforce in an organization. The book has also given the concepts that help business stakeholders in investing in innovative ideas that can be well integrated with modern business. It has also given case studies that help the readers to have a deeper understanding of the management
In this present century the corporate world is moving towards turning into one entity with all the progressions and advancements in the innovation and exchange. The spine to this is been the corporate world, which runs all the organizations ranging from the large companies to small scale with enormous number of its representatives. I firmly accept that achievement of corporates lies in overseeing its representatives for which incredible managerial correspondence expertise is an absolute necessity.
Informal set up of organizations demand more creativity and flexibility in operations while bureaucracy imposes restrictions through written rules and procedures, and thus affecting human creativity adversely. Based on multiple diverse operational area and their needs coupled with dynamic market situation, modern organizations generally work in combination of both formal and informal set up. As some operations of the company are bound to be formal and routine in nature, bureaucracy always exists in layers and fractions. Accordingly, some organizations are more bureaucratic in nature while others are more flat i.e. open in nature. In general, marketing operations of various companies adopt less bureaucratic set up considering flexibility needed for catering varying requirement of different clients (Govt./ PSU/ Pvt./ Foreigner) while operational departments follow more bureaucratic set ups considering their routine operations focusing on product and services. Knowledge base organizations especially in the field of creativity (like Advertisement companies, Research and design companies etc.) follows less bureaucratic set ups. On the other hand, administration machineries and routine operation based companies (Legal companies, Defense, Police dept., Government Ministries, Manufacturing Companies,) follow more bureaucratic set
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. 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.
When the buzzword of business model was very active and reactive during the internet boom, many individuals did not understand the concept of the proper business model for the proper business (Magretta, 2002). When not utilizing the right type of model for the organization, the model will be misused and distorted (Magretta, 2002). Understanding the traditional organization and learning organization, will allow an organization to determine which time of organization they desire the most.
I develop and deliver technical solutions to collection of applications used by retail giants across the globe. My responsibilities have given me scenarios to put on my problem solving and interpersonal skills in real life situations. Frequent interactions with client aroused in me, an urge to get into a management consultant role. But, with time I realized that I have to upgrade my skill-sets and make myself more relevant and attractive to the job market. I also realized that I have to diversify my aspects of management such as leadership, entrepreneurship and finance etc. and Broad MBA will equip me with these skills and will increase chances of succeeding in my goals, manifold. After accomplishing virtuous knowledge of IT industry, I believe that Broad MBA program will help me learn more about business problems drawn from real-life scenarios and prepares me to take the next step toward career success. I believe Broad is more than just a place to learn. Through Broad MBA, I will not only shorten my learning cycle but also get a chance to learn from world class faculty, established curriculum and diverse peer groups. This innovative pedagogy will help me put the big foot forward towards my goals, build a professional and personal network and edify me as where to look for information and how to interpret it, when required. The Broad is well respected for the quality of its program, which has been recognized for its cutting edge design and delivery, with rankings that indicate its place among the top tier programs around the world. It will help me create a unique learning experience and it will be my passport to new world of opportunities. While global economic vagueness make me, insecure but I believe that now these challenges wil...
We are accessible only to a limited quantity of resources around us. Considering the current usage and availability of resources, it has become very important for us to use them as wisely as possible. As an industrial engineer my aim is to find ways to eliminate wastefulness and enhance the efficiency of the process or service being provided. I would like to enhance my knowledge and in order to achieve this, I wish to pursue my Master’s degree in Industrial Engineering at the Arizona State University. I aspire to do my PhD after my Masters to fulfil my long term career goal of carrying out postdoctoral industrial research while becoming a tenured professor.
This essay has shown that some of the most important elements for business students to be successful in their career are time management practices, greater knowledge and skills related to time management and how business studies can help lead to successful business career by linking theories studied with real experiences in the workplace.
For my under graduate studies, I opted for “Information Technology” in SIES College of Arts, Science and Commerce. During the course of the study I understood the fundamentals of IT through the Programming language and database courses. After my undergraduate education, the strong desire to understand the global business management process and the requirements of the industry propelled me to pursue a Post Graduate Diploma in Management specializing in “International Business” from Pillai’s Institute of Management and Research. I was endowed with subjects like Supply chain Management and Customer Relationship management, Shipping and Logistics Management, International trade operations and MIS for Global Organisations. At the end of first year, an overseas study tour to China provided an international perspective on business by exposure to the different factors business has to address in their particular environment. The study tour gave us a ch...
In this write up the focus is mainly on e-business. It consists of critical discussion and analysis of the impact of adopting e-business orientation. It also contains relevant information on the current state of e-business market.