Career Report

Running head: REPORT 1
Career Report
Name
Institutional Affiliation
Date
Introduction

REPORT 2
My prospect occupation is Business Management. This profession is
considered as an important in today’s world, there are more than a few explanations
why I am attracted to business management. Firstly, the profession provides one the
opportunity for growth both as a worker and individual. Managing other staffs is a
practice which allows people to gain knowledge on how to work together efficiently
with other individuals and methods of dealing with conflicts. Furthermore, it puts
person in a position where he/she is directly accountable for the execution of the
firm’s objectives which make sure that there is overall realization of the corporation.
Therefore, I believe that a career in business arena will provide me the chance
to function with other individuals in attaining certain objectives. Similarly, in this
occupation, there happen to be several career expansion opportunities with the swiftly
shifting business world particularly with the advances in machinery and ethical
corporate practices. The current research will examine this occupation with the goal
of identifying with the main experience and requirements needed for people to
exercise it(David Stokes,2010,PG,121).
Results of the Research
Developments in the Business world
Globalization
The business world is expanding rapidly so, countries all over the world are
searching for new marketplace for their merchandises. This had led to the reduction
of trade obstacles such as export/import duties. Furthermore, movement all over the

REPORT 3
globe have eased the things further with the coming up with open immigration laws.
The growth of India and China in the Eastern side of the world has given rise to in a
equal business field through eradicating the Western world dominance in global
business . Therefore, growths in one area of the globe can possibly disturb the
markets of different countries as confirmed in the latest financial decline of the
United States(James Burrow and Brad Kiendi,2014,pg 13).
Globalization has impacted the knowledge anticipated from university
graduates who seek a job in business world. Students are now expected to possess
skills which can be used anyplace around the globe. Several international businesses
are also decentralizing their managerial responsibilities through having local
managers in every single market/production setting as an alternative of the outdated
exercise of having a specific and commanding industry headquarter/base.
Information Technology
The new technological developments has swayed the business setting in a
abundant way. Trade merchandises are being planned and build by individuals in
different settings of the globe linked to one another through the Internet. It is true to
say that the procedure of designing as well as manufacturing is computerized.
Marketing of products is now carried out through the internet not like the old the
media, television and publications advertisement networks. Real-time message has
similarly allowed individuals to know more about innovative business concepts from
different nations instantaneously.

REPORT 4
These advancements of current technology have influenced the business
scenery by creating new marketplaces and growing the platform of global rivalry
amongst businesses. As well competing, businesses are also collaborating to
safeguard well-organized and quicker business services(Gawie, 2010).,PG23.).
Psychology
Through having a profound knowledge of human cognition, emotion,
behavior as well as motivation, industries are now coming up products and services
which are custom-made to fit fresh and unidentified desires of the customers.
Furthermore, this has assisted industry to identify how to draw and sustain staffs with
the precise talents. Having understanding about individual’s talents and partialities
has allowed industries to counterpart staffs with the correct works and which has
majorly improved output at the place of work.
This tendency of applying psychology in business activities is impartially
new. It is measured as a future development since the study on the subject is
inadequate for now. Industries are applying psychology to gauge and ensure customer
satisfaction by reviewing their reactions and answers to the merchandises as well as
services provided by specific business. Institutional psychology furthermore is
similarly a comparatively new field nonetheless is vital in safeguarding the realization
of the trade objectives.
Customer Empowerment