How does business management changes your perspective of business? How has it shaped your ability to lead in the future? Where does your inspiration come from? What are your core values? What are your future goals and how can you use the knowledge gained from business management to reach your full potential?
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- Becoming an effective leader and business professional requires you to develop a number of skills throughout your career. In this program, you will consider many different business skills—some tangible, and some intangible. And some of those intangible skills, when put into practice, can result in new opportunities for growth and development for yourself, for the organizations where you work, and for others within and outside of your personal and professional community. Simply put, personal vision goes far beyond traditional goals and objectives. With this definition in mind, respond to the following: the role of personal mastery in your leadership development. Define and present your own personal vision. Briefly relate your personal vision to your ability to become an agent of change within your organization, your family, or your community.Why might small business CEOs focus more attention on profit and less on social goals than large business CEOs do?So many people want to become their own boss. So they take the steps needed to become an Entrepreneur. Being an entrepreneur isn't just hard, it's really hard. Your days and nights, or more so your entire life, are dedicated to developing a business that you know in advance is highly likely to fail if it is not done properly. One of the biggest failures in a business adventure is planning. The reality is 80 percent of new businesses crash and burn within the first 18 months, according to Bloomberg. I believe that, more often than not, failures come as the result of people not being set up or prepared to leave behind stability for chaos. In this assignment, you will identify ways to properly plan and develop a strong strategy for a business to flourish.
- Writing a business plan is your map to how you are going to operate. Regardless of whether you are interested in taking over an existing business or starting a new one; they both have challenges that you will need to overcome in order to succeed. Discuss one of the challenges in starting a new business and how you may be able to address that challenge with a well-designed business plan. Your challenge can be unique to either a start-up or on-going business or both.Your goal is to become the CEO of a multi-million-dollar food manufacturing corporation. You’ve had successes in the past running fast food franchises. What are your top business strategies to achieve your goal and how will you plan to execute them?20 years ago, I opened a coffee shop in a small town in New Jersey. My small business grew, and after 12 years, I have opened more than 7 coffee shops in different parts of the state. I decided to retire in Costa Rica and enjoy life with my family. My biggest mistake was leaving my best friend, the most trusted employee, in charge of my stores. He had been in the company since its foundation and always was diligent. However, soon after I left for Costa Rica, my friend started his own coffee shop business while still managing my shops. Two years later, after wondering why sales in my coffee shops had declined, I decided to come in person to find out why. To my surprise – and frankly to my sadness-, my friend had opened four coffee shops near (one of them in front of) my businesses. He claimed that he opened his stores near my stores to take care of my business and his business at the same time. However, he never mentioned to me that he had opened his own stores. More appalling, while…
- What questions do you normally ask to have a successful career? Explain.How does getting a degree or majoring in business management make your life meaningful?The three important reasons why a person would choose to be an entrepreneur instead of an employee can be highlighted through the following points: Step 2 Sense of Accomplishment: People who are more self-driven and have a deep sense of achievement and desire for self-accomplishment are never satisfied with a mediocre life which employment brings and they rather want to speed up the process of their growth and development so they are more motivated to start something of their own which can bring them prosperity, status, power, and recognition. They don't want to have a boss: The people tend to show more inclination towards leading than to be ruled. They have leadership skills and want to do work their way. They don't do well with regulations, rules, and policies that working as an employee brings and want to rather work independently. People prefer being an entrepreneur to avoid authority and restrictions laid down on them by bosses so they would avoid being an employee. They have…
- As an assistant in the Community Involvement Program of your corporation, you have been given an unusual task. Your boss wants to expand the company’s philanthropic and community relations mission and especially employee volunteerism. She heard about The Seeing Eye, a program in which volunteers raise puppies for 14 to 18 months for guide dog training. She thinks this would be an excellent outreach program for the company’s employees. They could give back to the community in their role as puppy raisers. To pursue the idea, she asks you to request information about the program and ask questions about whether a company could sponsor a program encouraging employees to act as volunteers. She hasn’t thought it through very carefully and relies on you to raise logical questions, especially about costs for volunteers. Writing Task. Write a direct request letter to Susanna Odell, The Seeing Eye, 9002 East Chaparral Road, Scottsdale, AZ 85250. Include an end date and a reason.Write a reflection paper on "What motivates people to become an entrepreneur?" in 1 paragraph only with 500-700 words. Below is the guide.What motivates people to become an entrepreneur?Greater Control As a self-employed business owner you'll have the freedom to make executive decisions that will affect the future of not only your company but also your family and career in the long-term. As an employee you can only exercise control within the boundaries of your job description. Flexible Work Hours One of the most appealing types of control that an entrepreneur has is the ability to choose when they want to work. With that said, working inconsistent hours and failing to commit to a set work schedule is a sure way to hinder the success of your business. Be realistic and don't give yourself too many vacations or progress will certainly suffer. Keep in mind that balancing work and life is an essential aspect of succeeding as a business owner. Open-Ended Career Progression As an employee…Describe the three characteristics of entrepreneurial leadership: vision, dedication and drive, and commitment to excellence.