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Management: Short Essay on Management

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❶Economics , Business management At the same time, it is an art also because it is concerned with the application of knowledge or principles for the solutions of the organizational problems.

Here are our top five tips for writing a business school admissions essay:

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Business and Management Research Paper
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After leading the Zoelle team to a business deal close and a fresh start, I learned that with the proper leadership, a staff of varied talents, insights and opinions can work closely together to produce a magazine that continues to increase its sells each issue. Customers from Europe and the United States commented with positive remarks on the new look, showing interest in the replacement of the former look, which had been being published for seven years.

After this leadership experience, I was able to see my potential as a leader. I can communicate effectively with all members of a group and help connect them with one another to make a larger picture. I protect my business discernment even against an upset crowd, and am able to properly persuade others to understand other perspectives.

Through learning more about leadership every day with my work in Zoelle, I hope to continue to strengthen these abilities and witness the success they can bring to media production.

In this essay, the applicant was asked to detail her leadership abilities through the application of a relevant example. She was asked to do this in approximately words, using concise language and proper grammar and punctuation. I looked across my celebratory cheesecake and beamed up at my new coworkers. I couldn't believe I had finally landed my dream job. All of the senior editors were having lunch in the cafe across the street from the bakery where the finance team and marketing team shared dessert.

I had been hired as a budget analyst at my favorite magazine. My job was to work alongside the business manager to help create a more healthy marriage between the finance and marketing departments, thus improving our sales and workplace environment. On my way home, I reflected on my relief in finally having an exciting and secure career. Just three months later, we met at the same bakery where I had celebrated my new job. Every department from our small, close-knit staff was present.

As the publication manager began to tell us the news, I remember how our faces fell. Our publication company was going out of business, and every publication was to be shut down. She explained that they had tried to find another publishing company without success. Not only did I feel as though I failed the company, I also knew that I, as well as the other 17 employees, was out of a job.

We went back to our offices and packed up our things. Writers and designers were frantically calling around, asking for open positions. An employee from the finance department began tweaking his resume, and the marketing department apologized to the publication manager and editor-in-chief, who responded graciously. I had to leave my apartment not long after losing my job.

I stayed with a friend on the north side of town as I tried to find a job in a shrinking economic suburb. It took six months to find a position, and though I had to move and leave behind my dream, I found a new way to work toward my new dream.

From this experience, I learned the importance of adaptability. Only through my ability to embrace the change happening around me was I able to find a new job and start a new life with new visions and goals. Applying for my MBA would have sounded bizarre to the disheartened, homeless idealist who lost her dream. But now, after finding in me the strength to persevere, I am able to take what I learned from my previous job and pair it with what I learn from the university.

This knowledge will help me ensure that the future companies I work with will not have to endure a similar fallout. However, if there comes a time when I am again involved in a lost company, I know how to repair. I know how to restore. In this essay, the applicant was asked to recall a challenging situation to which the writer overcame the boundaries. The writer was asked to do this in approximately words, using concise language and proper grammar and punctuation.

Sign in to Your Account Done. Don't have an Account? Here are our top five tips for writing a business school admissions essay: Use real life examples in your essay. This will help to bring your essay to life. Business schools appreciate those who are unafraid to take risks. Thoroughly research your target schools in order to have a clear idea of how to appeal to each of them. Economic changes comprise of economic boom and recession. Economic boom has a positive effect on the business environment because businesses generate supernormal profits.

Economic recession has a negative effect on business environment because it results into a slowdown in demand and thus a reduction in production.

Firms and businesses wind up during economic cycle. Another concept in the area of dynamic business environment is market conditions. Market conditions refer to the extent of demand and supply of goods and services in the market.

Demand and supply are the main determinants of prices of goods and services. The presence of many competitions in the market results into a reduction in prices of goods and services. To beat this odd, Beaumont noted that a firm must differentiate its products by producing goods and providing services of high quality and standards as well as developing good relationships with the customers. Boone and Kurtz observed that maintaining good customer relations increases the sales revenue generated by the firm even when market conditions are unfavourable.

The other concept in the area of dynamic business environment is changes in government policies and regulations. Governments change regulations and business policies to regulate business activities. Such regulations may include high taxes imposed on businesses, changes in business registration requirements and policies for reduction in carbon emissions.

Failure to observe these changes in government policies may lead to increased conflicts between the government and the firms thus destabilising business operations. Critical business functions An organization is divided into operation units that perform different functions.

Such functions include human resource, sales and marketing, information technology, production or operation, research and development, finance and accounting and customer service. These functions are undertaken in different levels of management in the organization. These functions are interconnected in different ways.

For example, the human resource trains people to work in customer service. The quality of customer service affects the sales generated by the firm.

Research and development, generates new methods of production and operation. Information technology affects the extent to which the sales and marketing teams reach the customers in the market. The accounting and finance departments must work to ensure that the human resource receive their salaries in time as a way of motivating the human resource to perform their duties with dedication.

In this regard, the concepts above are intertwined and they generate a positive effect in the long run if the management does not create barriers between the departments represented by the functions above. Integration of individuals and systems Boone and Kurtz noted that a smooth flow of activities can be achieved in the organization through proper co-ordination between the workers and the organizational management. The three types of communication flow that must be taken into consideration to enhance better business management include; a upward communication; b Horizontal flow of communication and c downward communication flow.

Upward communications refer to communication between subordinates and managers. Managers should create a free and fair environment that allows them to welcome any worker with an issue.

Upward communication enhances the relationship between the managers and the workers which make the workers feel as part and parcel of the firm. Horizontal communications refer to positive relations between people of the same level.

This means that departmental managers should develop positive relations in order to increase the connection of service delivery between the departments. This will allow effective information flow between the departments. In downward communication, messages and information flow from the managers to subordinates. Effective and timely delivery of information from the manager to the subordinates enhances the time within which activities are undertaken in the firm. A delay in the flow of information from the manager delays every other activity being undertaken in the firm.

Therefore, all persons from the manager to the subordinates must work together to achieve the desired objectives. Ethical and social responsibilities that confront a business Ethical responsibilities refer to the acceptable code of conducts that guide the behaviour of people in the organization. Ethical responsibilities may be determined by the government, customers, competitors and the business environment at large Weybrecht, For example, courtesy in dealing with customers may be an important consideration in beating competitors.

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Nov 05,  · Business management is essential for me because I have a great desire to successfully manage people and business projects, as well as to develop effective/5(4).

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Free Essay: Business Management The world of business has undergone radical and dramatic changes in the last decade changes that present extraordinary.

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The essay section is the most important part of any application, see the types of essays successful applicants have used to apply to business school. Free Essay: Business and Management is a course I believe that I have the qualities and skills to create a successful career in this area. Ever since I can.

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Feb 01,  · Business Management Essay Risk Management and Business - Words substantial risks of a functional business entails four major factors that become the lifeline such as property, market, employee, and customer mitigating risk factors. Business and Business Management - topics and info for students writing essays on business and management.