why i choose business management essay

why i choose business management essay

The Benefits of Studying Business Management: A Comprehensive Analysis

1. Introduction to Business Management

In the follow-up of completing the course, many students have reported back and said that they have matured and sharpened in the art of managing because of their exposure to business management. This fact contributed significantly to our motivation to engage with the sector and to develop this study guide. It is our belief that you will not regret investing the time and effort in studying business management. You may also receive the same rewarding benefits by completing the subject and using it extensively both within and outside your organization as many others have done before you. Good luck with organizing what promises to be a voyage of stimulating and encouraging discovery! The subject consists of many aspects of different fictional characters, in the sense that the demands of managers and the functions and areas require a wide variety of abilities and qualities. It should come as no surprise that the subject business management is just as multidimensional in nature as the work pattern of managers that it is derived from. The subject should be developed in a way that reflects a framework, which systematically exposes the various components thereof to the student-users. Business management is a serious business and the goals and objectives pursued are real and crucial. It is often easy to think of business management as consisting of one fits all approach, but this is not the case. Different types of businesses require different types of management.

This guide explains what business management is all about and why you should enroll in a business management course. This subject is useful and beneficial for everyone who has managerial responsibilities, in large organizations, small businesses, or in a volunteer capacity of NGOs. You will come to learn, understand, and appreciate the essence of managing, leading, controlling, and understanding a team of people. Influence and negotiation will be other vital capabilities that you will develop and enhance throughout your study of the subject. This non-mathematical study guide was developed through years of experience in teaching business management at many other educational institutions. It was frequently observed that many students who enrolled for the subject business management possessed no more than a vague impression of what it is all about. Then, not so surprising, it was equally clear that most of the same students had suddenly found a certain level of appreciation of business management. The subject has become relevant and interesting.

2. Key Skills and Knowledge Acquired in Business Management Studies

The discipline of enterprise resources planning deals with the technological, information, and communication systems that enable efficient information processing, data management, collaboration, and knowledge management within an organization. Business management studies are interdisciplinary by nature, as they incorporate theories and concepts from biology, sociology, anthropology, psychology, economics, and other subjects.

Particular attention is typically given to corporate finance, which deals with investment and financing decisions at the level of individual enterprises, and investment management, which concentrates on investment decisions, strategies to minimize risks, investment diversification, and the management in the portfolio and investment funds. Enterprise strategy is important because it ensures an organization’s long-term financial success, considers its stakeholders’ interests and expectations, and sets targets for growth and development.

Theories of organizational behavior enable students to understand why people behave in the way they do in an organization. Operations management focuses on the construction and maintenance of effective operational systems and processes and includes vertical and horizontal coordination, technological processes, quality control, organization of work, organizational learning, and innovation. The theory of finance focuses on securing and optimizing the various needs of organizations and their initiatives.

Business management is an education field that addresses the organizational, operational, and administrative needs of any enterprise in any industry. It is of particular interest to students seeking to enter the workforce. Today, many universities offer business management studies as a separate discipline. While studying, students acquire valuable theoretical and practical knowledge that allows them to gain specific skills and train for certain functions within organizations.

3. Career Opportunities and Advancement in Business Management

Small business managers or whoops in small corporations are responsible for some business aspects of managing a company. These issues often involve advertising, finance, or sales, in many cases the owner of the company. Most of the manager’s time is attracted through customer services.

Computer and data systems managers help create and support the use of data processing in a business. These managers work closely to support top business relationships to complete business systems analysis, data model management, organization of the company’s information resources, systems more than research, protection, and the structure of computer facilities, and development of new intelligence resources. Software firms, system managers gave feedback that they would receive on job satisfaction versus any harmful nature of the job and that the generic nature of their skills helps with job mobility.

Product sales managers are business managers who are generally responsible for a certain type of product. They watch market trends and engage in selling activities, including estimating the performance of their product in most businesses. Some product sales managers will further manage the staff, which will conduct a complete marketing plan.

Career growth in business is usually swift and plentiful. Business management experts counsel companies on many subjects and areas of specialty within an organization. Top executives in large companies usually direct the multinational business activities of a company. They will use more specific management roles that enable them to reach their unique talents within the organization. That may illustrate expertise in areas like finance, marketing, science, or broadcasting. Whatever your specific skills may be, a business management education can assist you in using those talents during the progress or present you with the tools to develop them in a larger, more productive business management job.

4. The Importance of Business Management in Today’s Global Economy

Mohamed Amine Chatti recently introduced an innovative expression for the global business environment, a term that reaches far beyond simple efficiency in the trade of goods and services. The expression, business social responsibility (BSR), is relatively straightforward and appears to have the same basic meaning as its first cousin CSR. However, when viewed as a cultural characteristic of a business, BSR is of great importance. Business social responsibility should not be viewed as the long-term objective of illustrated organizations. Barcelona Objectives cannot be seen as the only limited reference points. Rather, The Golden Quotes of CSR should be seen as a governing management principle that defines the aims and characterizes the potential actions of all connected to that given company’s sphere of influence at that given time. The general supposition is that a company and its employees are free to act as they have in that present time and during the ongoing scope of their assignment, regardless of the positive or negative future effects that will arise from their activities.

The world of business management offers an array of career opportunities unparalleled among income-earning possibilities. The opportunities that grew out of the globalization trend are not all bankable, nor are they all in the traditional business arena. The global business community is structured in such a way that ‘old school’ students think its effects on cultures are inherent and inevitable. Supposed business partners, in an effort to enhance mutual business prospects, joined together to invite the world to invest in many emerging markets. As a result of accepting and placing ads, people sought through together committed to expanding the business by number and variety of foreign channels and are capable of marketing. In many of the efforts, there is a need to extend a company’s reach and capabilities in the aftermarkets. As noted early in the course, these and many other such global linkages are not purely financial.

5. Conclusion: The Value of Pursuing a Degree in Business Management

Despite an array of advantages, the constant growth of the field causes skepticism from several sources. Such disparagements make potential college students wary when selecting a field of study. Thus, prospective students should consider the various benefits of completing a business management degree, as well as the drawbacks. Financial rewards expand beyond earnings, and the accumulated value of studying business management is evident in the immense professional opportunities and career pathways it offers. Job duties are broad and are found everywhere. In any organization, none are without the support, guidance, leadership, and capability of business management. This role provides a profound sense of fulfillment, boosts societal benefit, and thus, satisfies those passionate about business management.

This extensive analysis sheds light on the collective value and importance of studying business management. It is consistently critical for college students to pursue a degree in a field that is both beneficial and profitable. The study of business management offers students an abundance of opportunities and numerous promising career paths. Consequently, Americans with college degrees in business management and administration experience some of the lowest rates of poverty in the United States.