Business Environment

Running head: MANAGEMENT
Business environment
Name of the student:
Name of the university:
Author note:

1
MANAGEMENT
PART A
Personal definition of business
According to me, business is the transactions, which takes place between the buyers
and sellers. Management of these transactions is vital for ensuring that the buyers get the
products and the services according to their requirements.
Choice behind selection of the course
I selected to study business management in Torrens University for developing my
skills, expertise and knowledge regarding the ways and means in which the organizations
deal with the clients and the customers for executing the business operations.
Past experience
My past experience is not a productive one, as I failed to complete the business
projects according to the requirements. My team mates were not cooperative, which
compelled me to encounter negative results in the form of delays in submission.
Contribution of the past experience into the preparation for the course
Achieving negative results has adversely affected my performance in the business
projects. Rebukes and scolding from the supervisors and tutors has mentally affected me. As
a result of this, I lack concentration in performing the tasks, which have been assigned to me.
The intensity of this issue is so severe, which has generated within me an urge to display
good performance. Therefore, I have planned to get admitted into the course of business
management in Torrens University. Indulging in group discussions have helped me to prepare
for the course.
Ensuring that the required outcomes of the course are met

2
MANAGEMENT
I think maintaining checklists and templates would help me to assess whether the
required outcomes of the course are met. This is in consideration of the course requirements,
which I would refer by logging into the website of the Torrens University. Along with this, I
would take feedback from the tutors and supervisors regarding my performance. Face to face
discussions would assist me to ensure whether I am performing according to the course
requirements.
Managing and monitoring the study
I can set routines for organizing my activities. Setting time limits to these activities
would upgrade my approach towards the assigned duties and responsibilities. Evaluating the
exposed performance would bring to the forefront the drawbacks in my performance, which
needs modification. Spontaneous approach towards modification would reflect my dedication
and commitment towards attaining personal development. Consistency is needed in this
evaluation for upgrading the standards and quality of my performance.
Future applications of the study
After completing the course of business management in Torrens University, I can
avail the placement offers levied by the business schools. These programs would make me
aware about the salary, post and the business dynamics of the companies and organizations. I
also feel that participating in this programs would be effective in gaining an insight into the
prospect avenues, which I can avail for enhancing my personal and professional
development.
Goals
The stakeholders and shareholders rely on the strategies and policies for receiving
good services from the companies and organizations. Considering this statement, I need to