Business Environment Reflective Presentation

This presentation discusses the changes in the definition of business and the impact of external environmental factors on business. It also explores the presenter's professional goals, the relevance of academic learning to the present and future, specific topics of interest such as international and political/legal environment, future applications of the learning experience, future professional development, and includes a bibliography.

Business Environment
Reflective Presentation
Time : 5 Minutes

Changes in definition of Business
Business is set of profit oriented activities
that are segregated under production,
marketing, sales and other divisions.
The efficacy of the operations of all these
departments depend on the way they work in
order to tackle the external and internal
environmental challenges.
However, for maximization of profit, the
organizations should consider the impact of
external environmental factors on their
business, seriously.

Professional Goals
I have the aim of developing my own business
consultancy. I want to give strategic advice to
the small and emerging businesses which
face difficulty to thrive under the dynamic
conditions of business environment.
My principle aim is to deliver my knowledge
of business environment for the development
of business strategy that can help the
business firm for which I will work, to excel in
highly competitive market.

Relating academic learning with present
and future
I have high proficiency in the topics like economic and
financial analysis of the industry.
This strength will help me to gain entry a finance intern in
any esteemed company. As such I will be able to convert
my academic skills in to real life business management
experience.
My strengths also span over aspects of study like supplier
strengths, media analysis, socio-political analysis and
determination of potential market intermediaries.
However, I have to keep myself updated with the recent
changes in the market factors so that I can utilize my
academic knowledge to sharpen my strengths as a
business analyst.

Specifics topics of interest
The first topic of my interest is International
environment that incorporates lessons on
GATT/WTO, Globalization and the impact of
MNCs on business environment and so on.
Another favored area of study is Political and
Legal Environment where I got to learn about
the political entities whose decisions affect
businesses severely, critical factors like
Capitalism, Socialism and Mixed Economy
under economic environmental analysis

Future applications of the learning
experience
After graduating from this university, I will
get grater scope and better job offers as
personnel with in-depth knowledge about
dynamic business environment are highly in
need with most big and small companies.
I would like to implement my knowledge of
business, I can play a crucial role in
managerial role also. This is because, I will
know how to use the resources of a company
in order to overcome the challenges in the
business environment and generate profit.

Future Professional Development
Since my academic knowledge allows me the
scope of working in different sectors, it will open
up my marketability.
 I am suitable as a professional in front desk
management
However, I feel that my skills of business
management are bets suited for strategic analysis
related to market operations.
Along with academic knowledge I also have a
great entrepreneurial spirit that will allow me to
attract the attention of many potential employers.

Bibliography
Corcoran, A. and Gillanders, R., 2015. Foreign
direct investment and the ease of doing business.
Review of World Economics, 151(1), pp.103-126.
Ricciardi, F., Zardini, A. and Rossignoli, C., 2016.
Organizational dynamism and adaptive business
model innovation: The triple paradox configuration.
Journal of Business Research, 69(11), pp.5487-5493.
vom Brocke, J., Zelt, S. and Schmiedel, T., 2016. On
the role of context in business process management.
International Journal of Information Management,
36(3), pp.486-495.