Business Environment : Definition, Features, Importance, Types -

Running head: MANAGEMENT
Business Environment
Name of the Student:
Name of University:
Author Note

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MANAGEMENT
How do you define business?
Business can be defined as an enterprise in which people come together to work and
obtain a common goal. Business comprises of professional, commercial and industrial activities.
Business can be categorized into two types which are profit making organizations and non-profit
making organizations. The intention of a business to offer its services and products in the market
by selecting a target audience to whom, they will be offered. The main objective of business, as I
have learnt, is to engage in an exchange for the money, in return for products and services which
are needed (Jeston & Nelis, 2014). Businesses help in the process of economic development with
the aim of utilization of resources in a better way.
Why did you choose this course?
The decision of choosing this course is eventual as my previous experiences enriched me
to choose this one. My previous experiences define this choice. However, my past experiences
are not the sole reasons behind the choice of this course. I was always eager to learn about
management theories, business environment and strategies which are very important to make
growth and excel in the fast paced world. The Master of Business Information System course has
a design which allows the students to learn different things and grow insights about businesses
and Information Systems across the world. The course will help me build a career focusing on IT
and other areas which include information management, project management, IT management,
knowledge management and so on. Knowledge of different business roles will allow me to take
up roles and undertake responsibilities (Allan & Driscoll, 2014). I dream of owning my own
business, for which the course will be of immense help to make professional growth and
development of insights.

3
MANAGEMENT
What kind of past experience (OR INTREST) do you have in this area?
The previous experiences which have acquired has led me to take up the professional
management course. I have been associated with a business, in which my interest in the area
grew (Allan & Driscoll, 2014). It helped me realize my dreams, which are related to business and
management. Therefore, I realized the importance of the course. I have also served as an intern
in ta company, where I could learn various things about business and management according to
the roles and responsibilities I was given. I led a project in the business, for which I had to meet
deadlines and lead other members in the team towards a collective goal. The experience has
allowed me to grow personally as well as professionally.
How has your experience (academic, work, etc.) prepared you for this course?
The experience which I acquired from my previous work place and internship has helped
me to make progress academically. I have realized that there are many things which are yet to be
learnt, in order to make progress and grow (Allan & Driscoll, 2014). The experience of working
in a company has enabled me to take up responsibilities and live up to my job roles. Whereas,
my previous education has allowed me to learn about management and the skills which are
required to lead a team for success (Jeston & Nelis, 2014). I would be able to value classroom
learning because of my previous experience of learning about business and management and
enhance, learn more about effective management of operations in a business.
How do you ensure the required outcomes of your course are met?
I wish to meet the required outcomes from the course by demonstrating knowledge, hard
work and measurable skills which I would get to learn during my course. These will help me
understand management programs with much ease and comfort which I will be able to use for