Business is the study of how organisations function, how they are managed, and how external factors impact upon how they operate. This is one of our biggest free essays sections which reflects the popularity of Business degrees and courses with students.
Uncategorized — Leave a comment May 21, It is not easy to understand certain things until you really undergo it.
Entrepreneurship is one such thing. Understanding business is not an easy task. May be education and reading about it develops your knowledge but you will never learn until you run one of your own. I gained such a wonderful experience of running a business and gaining knowledge through this course.
Being a student from Business Management for me Entrepreneurship was a testing ground to try every principles of Management I learnt in my other modules.
My learning gave me a guided approach towards business. The financial resource management and marketing were two major subjects which I put into test in the entrepreneurship. The course being very practical and the investment amount being minimal it gave me courage to try new things, as the risk is minimal.
Apart from this the class room group were more useful in gaining knowledge. An effective class room structure: Sharing the class room with the Creative economy students was an added advantage to this course.
Being a Management student it was very interesting to see students developing new innovative products. The class room itself became a forum for variety of businesses. So this provided the opportunity to learn mutually from other business.
Apart from that this experience also gave an insight of demand based products in the society. It was interesting to see products with less manufacturing cost gain demand and profit from sales. I personally feel that the blend of the creative economy students with management students is a right blend to develop new businesses.
Blogging is another new experience which I gained through this course. I never had the previous experience of writing an open professional blog. This has helped me develop my writing skills. Apart from that the blog writing has enhanced my thought processes.
The ideas and thoughts which are conceived in mind are developed when we write it out. Moreover I believe that this blogging experience would stay as a document of my first business experience.
Personality Development Above all the most I gained is my personality development. This course has helped me develop my confidence and communication skills.
A true entrepreneur is one who is able to convince others about his idea. In that way communication plays a major role Sai, I took use of the opportunity to speak to as many customers I could reach. Businesses always are born on ideas. As a student interested in management naturally I was always interested in knowing the business models and the functional advantage of businesses.
Despite this running my own business has always been an idea at a distant. But having this experience of running your own business it has triggered me to work on any business idea and do a feasibility study.
Feasibility study for any business is crucial and this entrepreneurship experience has given a wide lesson on that area. A new innovative idea in any existing business can make a wide change.
This can be seen in history in development of new products Ellie, Most products now available in the market are part of evolution than stating it as new development. They evolve from the existing product or can be a merger or two or three existing ideas or placing one idea at new place or replacing the existing idea with others.
Development of Dyson Vacuum cleaners can be an example. But for all these the essential thing that is required is to develop your ideas and to work on demands. Demands are mostly hidden and until a product comes into existence certain demands can never be realised.Essay: Overview of determinant of Bank Islam profitability in Malaysia Bank Islam Malaysia Berhad is an Islamic bank which operate in Malaysia.
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