Friday, February 14, 2020

Your Career Development Essay Example | Topics and Well Written Essays - 1500 words

Your Career Development - Essay Example Furthermore, I will present an analysis of how my decision related to career has influenced my career prospects – both in the positive and negative ways – and what have I achieved so far. Introduction It will seem odd to say that I have quite a few MBA’s in my family and I have seen them struggle. Since MBA is a family thing I never had much of a choice, but when I got in and decided that I will make best of what I had; I also resolved in my mind that I will do more, and something worthwhile with my life and career, not sit around waiting for someone to offer me a job. Having my own business set up, however small it might be, was the ultimate solution for me. Hard work has never been bothersome to me, but to wait upon others to recognize my potential and tell me what to do is just not my cup of tea. I made up my mind with regard to my career before I joined the MBA, but I never meant to study to get a job, having a business of my own is the ultimate goal for me. My career anchors, lifeline, Wheels of life, strengths exercise and integration allow me to look closely into the choices I have made and the extent to which they favor my career choice. Personal and Career Purpose While thinking about the personal and career purposes I have to take family and work together. I chose to study MBA for lack of choice and to show respect to what my family thought best for me. Seeing the way many MBA’s suffer while waiting for a job I decided that I had to make myself self-sufficient, so much so, that I shouldn’t have to wait for a salary to run my house hold and to fulfill my and my family’s needs. Starting a business from scratch is no easy task, thus I decided to first take advantage of my MBA to gain necessary understanding of how things work in the business world. The course modules have given me an insight into the business world and have made me firm on my decision rather than weakening my resolve. Courses like entrepreneurshi p, HRM, Supply Chain have provided me with a clear and detailed understanding of the functionalities and complexities faced in the world of business. But I still believe that I lack in understanding of how to make things happen for me when it comes to starting a business from scratch and running it successfully. The severity of competition is becoming even more evident with the crisis threatening businesses all around. After an MBA, I consider it necessary to take courses that offer understanding of starting a business. Free courses and certifications are available online to take. These courses provide with all kinds of information on businesses, financing, accounts and marketing strategies (Norman). Online workshops along with videos from the IRS are also an instrumental tool towards gaining the understanding of personal business (Norman). Such courses and research are free and only require an investment of time. Significance of My Own Business My own business holds significance fo r me in multiple ways. I have always aspired to be unique and to stand out. I enjoy being unique and creating uniqueness. My business will be my own; unique and innovative. Allowing me the freedom of choice I crave. I realized also how much this business is significant to me as I studied about the recession during my classes and how people have been losing their jobs. So many jobless people and such limited opportunities, made me think of creating my own circle of opportunity which will not only make me self-sufficient but also will allow me to help other jobless people by recruiting them. My key anchors, independence, sense of service and entrepreneurship enabled me to realize how significant this venture is for me. Whose Support Will Matter? Rome was not

Saturday, February 1, 2020

Planning and Implementation Essay Example | Topics and Well Written Essays - 2000 words

Planning and Implementation - Essay Example Having the right marketing mix enables our organization to achieve its business objectives. Fit watch business objectives include creating brand awareness, acquiring market and maintaining it. Product is the central point on which fit watch marketing department focus on. It is concerned with what the product means to the customer. Marketing group therefore plays a key role in determining such aspects as: the appearance of the product in line with the requirements of the market; the function of the product on the question whether it addresses the needs of customers as identified through market research. The product offered is a watch. The company has discovered a need to increase the satisfaction level of the watch to the customers as well the advancement of technology. The watch has all the essentials that a customer looks for while considering making a purchase. It has all the performance characteristics of an existing watch. In addition to this, it has additional features such as flashlight, Wi-Fi hotspot and better health tracking strategy. The characteristics will help the watch to take the obligation of a torch will take part in internet access through Wi-Fi hotspot and as well will act as a friendly device to health of an individual. Pricing is one of the most important decisions made by any business organization. Of all the aspects of the marketing mix, price is the one which creates sales revenue while all the others are costs. The price of an item is clearly an important determinant of the value of sales made. In theory, price is really determined by the discovery of what customers perceive is the value of the item on sale. Researching consumers opinions about pricing is important as it indicates how they value what they are looking for as well as what they want to pay. Economists use the term market clearing price to identify a price at which sellers are prepared to sell because they feel they are getting a fair price, and buyers are