Business Environment and Strategy: Reflective Presentation Analysis

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Added on  2023/04/08

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This presentation is a reflective analysis of the business environment, focusing on how businesses adapt to external challenges. It includes an overview of the presenter's professional goals, highlighting the desire to establish a business consultancy and provide strategic advice to small and emerging businesses. The presentation details the presenter's academic strengths, such as economic and financial analysis, and how these skills will be applied in a future career, potentially in finance or business analysis. The presentation also covers specific areas of interest like international business and political environments, and how these subjects relate to the presenter's future professional development. Finally, it includes a bibliography of relevant academic sources.
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Business Environment
Reflective Presentation
Time : 5 Minutes
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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.
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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.
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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.
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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
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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.
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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.
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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.
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