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More handpicked essays just for you.
the lessons we take from failure can be fundamental to later success
the lessons we take from failure can be fundamental to later success
introduction of business failure
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Since I was a young boy, my father has often told me business stories at dinner time. As a result, I gradually grew a keen interest in this field and wanted to realize my dream of being a business man one day. In my first year in high school, I decided to start my first business, and it did not end very well. My home is near the decoration and fashion accessories selling area in Hanoi. Realizing this geographic advantage as a potential business opportunity, I opened a small and simple network with two of my friends. We received requests from other students at my school, bought the thing they ordered, and then delivered it to them. However, things were not as easy as we expected. There were not so many demands, and we hardly made any profit. Eventually, we had to close the business after a few months due to low profits and study pressure. However, not only did this failure not weaken my interest in business, but it also taught me a precious lesson: if I want to make profits, I have to learn the needs of the customers carefully to offer them the best products that cater to their demands. Ever since then, I have been eager to obtain both profound knowledge and practical experience in business. …show more content…
As a result, businesses have to encounter more competitions than ever before, especially since Vietnam became an official member of the World Trade Organization. Realizing this tendency, I have determined to apply for the Master's Degree Programme in Management and International Business at Aalto University School of Business, which will provide “a research-based and practically grounded understanding of management and international business”. I believe this program will establish a strong foundation for me to prepare for my future business career in a multicultural
Wild, J. J., Wild, K. L., & Han, J. C. (2008). (CH2)Cross-Cultural Business and (CH5)International Trade,. International business: the challenges of globalization (4th ed., pp. 48, 61-62, 132, 136, 147). Upper Saddle River, N.J.: Pearson Prentice Hall.
Cavusgil, S. T., Knight G. and Rosenberger J.R. (2012), International business: the new realities. Pearson: Prentice Hall
My intended major is Business. Business content is generally a comprehensive accounting, economics, finance, marketing science and organizational behavior concepts. The concept in society is prior to the operation of business and personal financial management on the benefits and influence. Because the relationship between industrialization and information technology services was booming, commercial terms a large number of derivatives, so business is considered in making the business a way to enter the job market prior to the social utility, Therefore, I also chooses Business as my university departments. Because of world trade and development, globalization has made countries increasingly dependent; therefore, business is importance and usefulness of access to the education. As the Busines...
Many people desire to own a business, and many people go on to do so with knowledge and without having the proper knowledge. Working for two non-profit organizations much knowledge was gained in knowing how to operate these entities effectively and meeting with success. It was not easy due to the many mistakes made by management. Understanding the business is paramount before starting or working for a company. Many people only think about the possibility of making money but very few evaluate the possibility of losing money.
For a business person to succeed in today’s global marketplace, a strong understanding of all aspects of international business is paramount. Furthermore, with the current political uncertainty, many international businesses will need to rely on skilled and knowledgeable staff to make sound decisions to remain competitive on the international stage. Therefore, I am choosing to pursue an M.B.A. with an International Business Concentration at Point Park University. With my years of business experience and successful completion of a Bachelor’s in Accounting at Point Park University, the next logical step is to continue with a Master’s in Business Administration, as well as, sitting for my Certified Public Accounting exam.
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.
A major challenge of doing business internationally is to adapt effectively to different culture. Such adaptation requires an understanding of cultural diversity, perceptions, stereotypes, and values (Hodgett &Luthans, 2005). Doing business overseas has its challenges as well as it rewards.
Daniels, J. D., Radebaugh, L. H., & Sullivan, D. P. (2011). International Business (Environments and Operation. (13ed.). Prentice Hall.
The book is beautifully-laid out and uses simple English to make its point. It is an ambitious effort and undoubtedly a priceless tool for a first-time entrepreneur.
Furthermore, with speedily increasing globalization, international business has become a popular trend and has drawn the attention of business executives, related officials and academics. International business is different from the local or domestic business. As far as the international level, the globalization of the world economy and the differences between countries present both opportunities and challenges to the international businesses.
I am Fasiha Abdul Rehman, holding a professional degree of Doctor of Pharmacy at 23 years of age; with a deeper interest in contributing to the understanding of diabetes and cardiovascular diseases and unveiling new information for medical advancement and betterment of mankind and I envisage Masters as crucial step in this direction.
Hill, C., Wee, C. and Udayasankar, K. 2012.International Business:An Asian Perspective. 8th ed. Singapore: McGraw-Hill.
Ever since I was young I have always been interested in businesses and how they operate, as well as being fascinated by other languages and cultural differences. My passion for the subject expanded when I chose business studies and french, as part of my A-level education. Although these subjects are somewhat demanding, I find them extremely interesting. I believe that a degree combining both these aspects is the correct choice for me. I am confident that a course in international business studies and modern languages satisfies both these interests. I will be looking forward to learning about the international business world and I am relishing the thought of learning to integrate with other European countries. The idea of learning to communicate with other people across the world is something that has always appealed greatly to me.
15. Hill, Charles W.L. International Business: Competing in the Global Marketplace. New York : McGraw-Hill, 2007.
Daniels, J. D., Radebaugh, L. H., and Sullivan, D. P., (2011). International Business: Environments and Operations. Prentice Hall, Upper Saddle River, New Jersey.