Being Commercially Aware About Economics

   

Added on  2021-04-24

9 Pages2100 Words27 Views
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Being Commercially Aware About Economics_1
Being commercially aware about economics boost my desired career in charteredaccountancy since a will be equipped with essential skills of reporting, recording, andinterpreting financial information. The general knowledge of understanding what comprises of abusiness or firm successful is denoted as business awareness[ CITATION Bra13 \l 1033 ]. With myenrolment to study for an economic degree, I will learn a number of things that will improve mycommercial awareness which will include; learning to interact with small scale companies andvolunteering to help, by doing so I will be able to learn how different organizations makesmoney. The second way I will become commercially aware is by listening or by watchingbusiness news[ CITATION Dra141 \l 1033 ]. By doing so I will get a good general depiction ofeconomic and financial state all around the world.To become more commercially recognized by worldwide business personnel’s theessence of networking can be of great help. For starter, an individual who plans to start a firm isadvised to be pro accurate when picking a network. Networking refers to the process that adoptsmy exchange of ideas and information among people or organization that segments a mutualinterest[ CITATION Set15 \l 1033 ]. My mutual interest may be based on social or professionalbusiness purposes. Networking connects different business links through a chain of symboliccontacts and ties. One of my core benefits of networking is that it establishes a steady contactbetween individuals and organization within which it builds rapport and trust. In my field ofeconomics, networking helps in escalating my value of goods and services as a result of theeffect of a network. With regard to sustainability, network economics denotes as multipleprofessionalisms all working in hand to advance and improve a sustainable and viable product.
Being Commercially Aware About Economics_2
Evaluating the right way of coming up with a network elevator pitch theory comes inhand. The theory stipulates that the speech you use to spark attentiveness in your firm should bea persuasive and brief one. In the instance of finding a network a good elevator pitch shouldincorporate the following: identify your company’s goals, explain what the company is all about,address your unique selling proposition, actively engage in answering any queries and finallyshow that you are capable of practicing what your elevator pitch stipulates[ CITATION lee14 \l 1033].The right network in an organization is a powerful engine for growth and competitivedifferentiation if you can manage my underlying complexity (Rook, 2013). In today’s businessenvironment, that challenge is multi-dimensional. It spans users, devices, applications, andlocations far beyond my corporate walls[ CITATION Set15 \l 1033 ]. The more companies networkand are involved in environmental networking, production of goods and services becomes easiersince they an exchange of ideas and information from one company on how to come up with asuitable product for my market. Some of the benefits of networking of becoming more-commercially aware of economicssector as a career degree includes the following; expand your pool of contacts and interactionwith different organizations and gives an individual a platform to learn new strategies or acquiresnew ideas of how to run ones company, position a person for new career opportunities, expandsyour economic sphere of influence, learn new things that are helpful in growing a person’s careerand increase a persons or an organization marketability[ CITATION Set15 \l 1033 ]. Reflecting on networking experiences as attended in economics the following skills areobtained. Communication that brings concisely results to a wide active audience. Another skill
Being Commercially Aware About Economics_3

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