Business Environment

BUSINESS ENVIRONMENT

Table of Contents
How do you define Business?....................................................................................................2
Why did you choose this course?...............................................................................................2
What kind of past experience (or interest) do you have in this area?........................................2
How has your experience (academic, work, etc.) prepared you for this course?.......................2
How do you ensure the required outcomes of your course are met?.........................................3
What can you do to manage and monitor your studies to a successful conclusion?..................4
As you think about the future, how might you apply your studies in later life?........................4
What kind of goals would you like to set for yourself with regards to this course?..................4
References..................................................................................................................................6
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How do you define Business?
As a student of Business Administration, I have understood that the process of buying and
selling in order to earn money at a given period of time and place can be referred to as
business transaction. The exchange of goods and services in return of economic profits or
otherwise is termed as a business (Hammer, 2015). My acute interest in business and various
factors of business administration has brought me to this highly esteemed Torrens University.
After completing my graduation course on Business Administration, now I’m on my way to
embark on a much practical phase, where we would apply our knowledge and learning in
practical business situations. My aim is to develop my skills properly so that I can actively
take part in entrepreneurship or management of businesses.
Why did you choose this course?
In order to succeed professionally in the current business environment, an in-depth study is
required in the field of business and leadership (Reilly & Jones III, 2017). Hence, I have
taken up this course in Torrens University, to shape my previous learning and skills in a way
that would be beneficial for my future goals. I hope to learn how to assess my knowledge as
against the current business situation and apply them skilfully, so as to execute the objectives.
What kind of past experience (or interest) do you have in this area?
My graduation studies in this course have sparked an interest in the subject and how they
relate to current day business transactions. I want to further pursue this course for post-
graduation, so that I can learn how to apply my knowledge in practical scenarios and develop
a strong leadership quality, which is extremely useful for carrying out any kinds of business
operations or management. I was always interested in starting my own business in the future.
The Business Administration course has provided me with relevant data and information that
would help me build my own business career, with a strong theoretical background and
knowledge.
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