Career Report: Business Management in a Globalized World

This report provides an in-depth analysis of a career in business management, exploring various aspects of the field. It begins with an introduction outlining the author's interest in business management, highlighting its opportunities for growth and the chance to work collaboratively to achieve goals. The report then delves into the impact of globalization and information technology on the business world, emphasizing the importance of adaptability and global skills. It also examines the role of psychology in understanding consumer behavior and employee management. The report further discusses career opportunities for fresh graduates, the required skills and experience, and the selection criteria for project management roles. The report concludes with a summary of key findings and a career action plan, emphasizing the need for continuous learning and adaptation to technological advancements. An appendix includes an advertisement for a project manager position, providing a practical example of job requirements and opportunities. The report uses several references to support its findings.

Running head: REPORT 1
Career Report
Name
Institutional Affiliation
Date

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Introduction
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

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of trade obstacles such as export/import duties. Furthermore, movement all over the
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

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similarly allowed individuals to know more about innovative business concepts from
different nations instantaneously.
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.

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Customer Empowerment
The industrialized communication networks and technology, has made the
customers to be included in the initial stages of product design. Such types of
creativities build a sturdy link between the business and customers since they feel like
part and parcel of the business and will believe that their views are respected.
Additionally, clienteles feel that the merchandises of particular business are
nontoxic when the business lets them to take part in the designing and manufacture
process.
Openings for Fresh Graduates
The business management has many roles for fresh graduates. Some firms
offer graduate plans that emphasize on training and development destined to link the
opening between an educational background and a practical trade experience. These
businesses include Morgan Hunt (Sen, 2008,PG15).
As for former students who look forward to an official job immediately after
graduation, the business domain provides thrilling career positions such as Project
Supervisor/Manager or business manger.
Advertisements for these job opportunities can be found on the Internet,
newspapers and magazines, television and even radio. However, with the advancing

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technology, the Internet remains the leading mode of advertisement thorough
websites and social media.
Knowledge, skills and Experience
There are skills which are desired for achievement of getting hired in the
business setting. For instance, a ex-student interested in seeking for the post of
project manager will have to have the following abilities;
Critical/creative thinking as well as problem solving abilities
Exceptional organizational expertise e.g planning etc
Good supervision skills
Solid attention to detail
Besides exceptional communication as well as interaction skills
The necessities specified above are considered as the general skills. One must
have applicable academic qualifications. The responsibilities of project manager in
any business include;

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Implementing, observing, monitoring and dismissing a specific project
Approximating the project price as well as creating with a suitable budget
Coming up with realistic schedules which will meet deadlines
Team management as well as resourcing
Executing regular quality reassurance checks
Hazard management as well as justification in connection to a definite project
As the study centers on a freshly graduated students, there are no exact years
of experience wanted at this phase. On the other hand, a post-graduate preparation
program may be advantageous to the new group.
Selection criteria
There are numerous methods through which individual may be picked or
employed for the post of project director. For instance, some businesses monitor and

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guide exceptional and talented learners while in university in readiness for a position
at the business upon graduation. Different businesses provide graduates a teaching
program earlier on after which they may be considered for occupation. These specific
training plans are intended to implant specific talents to a person in connection to the
post being targeted.
The traditional technique of making a written and physical application note
for an employment. Effective applicants are usually named for a meeting by the
business staffing officers and after which the best candidate is picked for the work
(Sen, 2008,PG 34).
.
Conclusion
This study resulted in numerous findings in connection to occupations in the
business management. The study has shown that the business domain is shifting on
daily basis with the evolving technology as well as novel trends. Therefore, it is
essential for students like me to acquaint ourselves with all new developments as well
as potential future scenarios for business domain to put us in a position to fulfill the
developing requirements and talents needed for a business career. For instance, it is
vital to obtain computer abilities which are in requested in the technology-driven
trade setting which includes computer programming.

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Furthermore, it is essential for someone like me to acquaint myself with
needed experiences for a career in the business management. The main reason for
this is that managers are not only considering academic achievement but similarly
prefer personal attainments as well as characteristics which set people apart.
Moreover, I should participate in projects/events which can aid me to know more on
how to function efficiently as a team.
Career action plan
The world is developing as a rapid speed as people need to updated in order to
catch up with the changes which we are experiencing today. These changes have
majorly been fueled by overgrowing technological innovation. Therefore for any
worker to been at piece with ever changing career path one needs to be well
acquainted with computer. I therefore will ensure that I learn more on computer
programming and as well as computer software .this will put me in a better position to
adopt the new changes which may come my way later in my occupation.
In order to succeed in a business world one must be knowledgeable about
international polices and globalization. This gives the student a room and ensures that
they are well versed with what is going around the world so as to help them give their
career up to date. I will also take supplementary short course which will enable me to
expand my knowledge in matters relating to international laws. Furthermore the
business world has grown to be sensitive to critical issues which faces the world such
as climate change, I will ensure that in my career I practice environment sustainability
to promote good practices which will discourage global warming.

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APPENDIX
Advertised Career Opening
The HCP INTERNATIONAL CO is considering including a program leader
in business management to there already well established team. The project manager
will be situated in East London 680 Bath Road. The business is posing a reasonable
starting salary of $30000-70,000 per annum as well as a car grant of $3800 with
possibilities for additional profession development as well as promotion. The manger
will be accountable for identifying unused development openings and the general
management of numerous ventures including creating budget reports as well as
supervision of the implementation procedure of daily plans.
For individual to get this work, he /she need have some experience employed
in the water subdivision. For new graduate, this skill can be learnt through unpaid
work as well as placement chances in business
firms. The applicant must also have knowledge of numerous legislations
related with construction. Moreover, he/she need understand subjects related to water
management and piping.
The ad is made obtainable courtesy of REED.CO.UK RUITERS, an
occupation and recruitment organization.

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LINKEDIN.COM
Email address;[e-mail]
Email Password;abcd123456789
Linkedin profile password: abcd123456789

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References
Gawie S,Du Toit(2010).Introduction to Business Management. Oxford Book
Co.
David Stokes(2010).Entreprenuership.Cengage Learning.
James Burrow and Brad Kiendi(2014).Business Mangment. Cengage Learning
Sen, M. (2008). Business management. Jaipur, India: Oxford Book Co.