Challenges and Issues In Business Assignment

Added on - 20 Feb 2021

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Table of ContentsINTRODUCTION...........................................................................................................................3CHALLENGE 1...............................................................................................................................3Name of challenge..................................................................................................................3Analysis of the challenge. What business angles were included in this challenge?..............3Skills – Reflect on the skills which you demonstrated through this challenge......................4Reflection theory....................................................................................................................4What will I do in next two years ?..........................................................................................5CHALLENGE 2...............................................................................................................................5Name of challenge..................................................................................................................5Analysis of the challenge. What business angles were included in this challenge?..............5Skills – Reflect on the skills which you demonstrated through this challenge......................6Reflection theory....................................................................................................................6What will I do in next two years ?..........................................................................................7CHALLENGE 3...............................................................................................................................8Name of challenge..................................................................................................................8Analysis of the challenge. What business angles were included in this challenge?..............8Skills – Reflect on the skills which you demonstrated through this challenge......................9Reflection theory....................................................................................................................9What will I do in next two years ?........................................................................................10CHALLENGE 4.............................................................................................................................10Name of challenge................................................................................................................10Analysis of the challenge. What business angles were included in this challenge?............10Skills – Reflect on the skills which you demonstrated through this challenge....................11Reflection theory..................................................................................................................11What will I do in next two years ?........................................................................................12CONCLUSION..............................................................................................................................12REFRENCES................................................................................................................................13
INTRODUCTIONChallenges and issues is describe as a situation which is face by a person or anorganization which impact on outcome of activities which they are conducting. This willrequired great and strong mental as well as physical efforts of a person. Along with this, in orderto overcome situation of issues an individual need to enhance their skills and abilities. For whichthey can adopt various methods like adopting training, observation methods and so on. In thisreport four challenges are mentioned and areas through which they are related. It will alsoexplain about skills which are required to overcome issues and impact of that through reflection.CHALLENGE 1Name of challengeT- shirt challengeAnalysis of the challenge. What business angles were included in this challenge?T- shirt challenge is related to making or developing brand image and logo which helpcompany in selling their t-shirt. In this process company face various challenges such as theyhave to find out exact potential customers, new trends, identifying effective promotionalactivities and many more(Ziakas,2013). Major challenges which is face in T-shirt selling arerelated to:-Marketing:While selling T-shirt company may face challenges related to marketing i.e.they have to conduct analysis and identify potential customers and market and they alsoneed to conduct promotional activities accordingly so that they attract more and morecustomers for their T- shirt.Operations:Along with this they may also face challenges in operational work i.e. theyhave to develop and maintain proper supply change in order to delver T- shirt in propertime to the potential customers(Kühnand Cavana, 2012).While this I learn that it is not easy for a company to launch and sell a products inmarketplace. During this they face various issues and challenges such as identifying customers.develop strategies accordingly, create proper promotional activities and many more. Along withthis when sells get increased, company need to maintain their operational activities such assupply chain management so that they can deliver products to customers in proper time.
Skills – Reflect on the skills which you demonstrated through this challenge.When I was going through T-shirt selling challenges and develop strategy accordingly, Iused my various skills form which some major of them are explain below:-Communication skills:I demonstrated my communication skill during communicatingwith customers and convening them to buy T-shirt. This will also help me in solvingqueries and questions of customers in proper way so that they get convinced.Teamwork:I used by this skills while working with my colleges for improving sells ofT-shirts. Along with this, I also used this skills while conducting work and meeting ofother members of company who are basically involved in process of T-shirt selling.Time management/meeting skills:This skill of mine is used in conducting work inproper time by managing all activities. Moreover, I demonstrated my meeting skills whileconducting meeting which help me in participating properly in meeting.Business skills and competencies:I used by respective skills while conducting businessactivities such as attracting customers, convening them to buy products and many more.Along with this I used by competencies skills like presentation and excel skills and so onwhile developing presentation for meeting.Reflection theoryKolb Reflection theoryBy adopting respective learning theory I analysis my above mentioned skills such as atthe stage of concrete experience I feel that my communication skill is appropriate which I needto conduct this project. At second stage conduct reflective observation and I analysis that I haveeffective team working skills which I required for respective project. At third stage I conductabstract conceptualisation and at that I think that I effectively conduct may work according totime. At last stage I do active experimentation at which I realise that I am lacking in businessskills and for this I develop action.Action PlanSkillsImproveDurationStart dateEnd dateBusiness skillsand competenciesI need to improvethis so that I candesign T- shirtaccording to2 Months15thJuly 201913thSeptember2019
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