What is Business Environment?

Running head: BUSINESS ENVIRONMENT
BUSINESS ENVIRONMENT
Name of the Student
Name of the University
Author Note

BUSINESS ENVIRONMENT1
• How do you define business?
Business environment retains the dynamic environment that influences a wide range
of variant organizational spectrum where operational management and achieving objectives
are the prime priority. I perceive business as the functional element that every individual
must imbibe and exercise. It is because dwelling in business environment improves one’s
decision-making, market analyzing, product screening and management skills such as
leadership qualities and operational and accommodation skills (Hamilton & Webster, 2018).
Though it is an individual’s regular trade or occupation, yet the behavioral patterns and
quality, that is required to excel this occupation, is rich in terms of awareness qualities,
leadership aspects, intelligent quotient and favourable presence of mind in every
circumstances. Thereby the qualities associated with business environment must be embraced
by every individual. Besides this, the term business, by profession, means an enterprising
entity or organization that is involved in the industrial, commercial and professional activities
in terms of producing and selling the products and its services through variant strategic
business models.
• Why did you choose this course?
I choose Business administration, which is also known as business management
because this course helps me building up my skills in ever dynamics of management and its
moral aspects, what one needs to develop in order to balance the personal as well as
professional life. The course not only makes me understand what business is, but also it
develops the cognitive ability. The abilities are improved through the variant factors based on
environmental, political, legal, economical, social and even technological grounds. It
increases my knowledge regarding the global economic, political, environmental as well as
social status based on which analysis are made further to put forward the strategic plan for

BUSINESS ENVIRONMENT2
our profitable outcomes and benefits (Hamilton & Webster, 2018). The qualities, gained
through the management course and its program, would help me in career growth and also
would benefit me with exposure in the future.
• What kind of past experience (or interest) do you have in this area?
In the domain of business dynamics, I was once a manager in a small organization. I
was expected to run the organization with good leadership qualities along with the ability to
direct and guide the employees with right suggestion. I had to keep a check on the
organizational environment so that the business environment retains the ethical and healthy
relationship among the employees. However, I faced certain issues that triggered various
complicated conflicts among the employees (Yang & Li 2017). It was difficult to resolve the
situation and thereby, I felt there is a need of learning more about the ways of managing the
business environment so that I can avoid such conflicts with valid justifications.
• How has your experience (academic, work, etc.) prepared you for this
course?
The experience which I gained through the course of Business administration, was
very helpful in terms of personal as well as profession personality along with behavioral
development. The course has assigned me with various business projects through which I
improved my cognitive skills as well as the ways of assessing the responsibilities at every
organizational positions. The course materials has helped me gain knowledge regarding
various theories and strategic models in every dynamics of business environment.
• How do you ensure the required outcomes of your course are met?
My motive of pursuing the course of business administration was to improve my
skills in the arena of leadership roles and responsibilities and understand the spectrum of