Analyzing Professional Skills for Business and Finance Careers

This report examines professional skills in business and finance, focusing on academic integrity and plagiarism. It discusses the relevance of academic integrity to professionalism, differentiating between intentional and unintentional plagiarism, and highlighting various types of plagiarism such as direct, self, mosaic, and accidental. The report emphasizes the importance of values like responsibility, fairness, honesty, and trust in maintaining academic integrity. Furthermore, it introduces a new business venture, "Fusion Drink," a sugar-free immunity-boosting energy drink, outlining the product idea, statistical data supporting its viability, investment requirements, and potential usage of funds. The venture aims to capitalize on the growing demand for healthy drink options, particularly among individuals with diabetes, by offering beverages made from natural ingredients. The report concludes that combining professional skills with ethical practices and innovative business ideas can lead to success in the business and finance sectors. Desklib provides students with access to similar solved assignments and past papers.

Professional skills for
business and finance

Table of Contents
INTRODUCTION ..........................................................................................................................2
PART 1............................................................................................................................................2
CONCLUSION................................................................................................................................3
PART 2 ...........................................................................................................................................4
REFERENCES..............................................................................................................................13
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INTRODUCTION
Plagiarism is basically defined as using someone's ideas without paraphrasing and
citation. This report is going to evaluate the Academic Plagiarism with academic integrity
relevance to professionalism in a business environment. It is divided into two categories that is
intentional or unintentional. There are different types of plagiarism like direct plagiarism, self-
plagiarism, mosaic plagiarism and accidental plagiarism. Moreover, Academic integrity helps to
establish trust with different values like responsibility, fairness, honesty and trust.
PART 1
Academic plagiarism is an act of fraud which means using someone else's work as their
own without giving their words ,ideas and explanation credit (Lin, 2020). It can be done in many
ways for example copying words, data ,music, art ,images, sentences from someone's original
work. Plagiarism is an academic dishonesty often seen as a type of theft. It is incorrect, illegal
and unethical because it does not give original credit to those who originally created that content.
One should verify the evidence of the sources. Its consequences vary from the accidental errors
to serious submitting of whole work. If Plagiarism is done at university level repeatedly, one
may get out of the university. There are many reasons of plagiarism like panic of last moment,
careless note making, working on assignment with others and misunderstanding. Plagiarism is a
complex issue at every level of education. It is unintentional and accidental so, ignorance is not
an excuse(Keefer, Brown and Rothschild, 2020).
Academic integrity is regarding accountability and honesty to enable exchange of ideas
and evolve new knowledge (Tan and Laswad, 2018). . The ethical policy which is very essential
for diverse reasons because it develops a bond of trust with values. For example ,respect which
permits individual point of view and opinions to be express, courage, responsibility admit the
accountability in daily actions, trust is when the policies true, genuine as well as fair and fairness
goes together with trust ,honesty is sincerity. When there is a focus on academic integrity that
will directly affects the process of learning, professionalism and behaviour of business
environment. One should keep learning ,when someone else's work is used as it own then, it will
not not be categorized as learning (Javaid, Sultan and Ehrich, 2020). There are different penalties
for such misconduct that vary from university to university that may also lead to some serious
legal actions or losing job. Academic integrity can automatically reduce the extra stress that will
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lead to accomplishment of objectives with making the environment positive, happier and
healthier. It allows to build new ideas, knowledge with respecting and crediting others work in a
fair manner. It can be promoted by creating a safe environment to maximize the learning
assessments and minimize pressure. Academic integrity can automatically reduce the extra stress
that will lead to more accomplishment of objectives with making the environment positive,
happier and healthier (Mokdad, M. and Aljunaidi, S., 2020).
Basic meaning of integrity is to do things even when no one is watching and quality of
having strong ethical principles that are followed and reviewed all times. Academic integrity is
not only avoidance of plagiarism, it is mainly promoting trust, courage, respect, trust and honesty
whereas Professionalism refers to skill or judgement which is expected from a person who is
trained to do a job well,One can improve academic integrity by various factors like one should
cite writing code and reports, utilize the resources to improve, to avoid complicated situations
one should start the work early to finish before the due date and mainly use the resources which
are approved by professors to complete the given work.
Academic integrity is relevant to professionalism in a business environment by
conducting a professional behaviour in business transactions. It is essential as it offers
confidence too. It is a teaching process for achieving the standards of learning and skills. It
allows students and overall to build new and creative ways to acknowledge the work of others.
The University will take individual steps to make sure that academic integrity is maintained as
well as it will keep the balance in the organisation and enables one to do the right thing. In a
nutshell, it can be said that academic integrity helps one from getting into unnecessary problems
like being prohibited from employment by some other institutions.
CONCLUSION
From the above conducted discussion, it can be summarized that Academic Plagiarism
has been a popular issue occurs due to pressure of work to get a certain level of academic degree.
Many steps have been followed by institutions to avoid plagiarism like checking papers by using
plagiarism checker tools, giving academic writing lectures and many more. Someone who gets
caught for plagiarism could get severe punishments. Academic integrity is related to
professionalism in a business environment because it allows to take action with responsibility
respect, honesty, courage, true and fair means.
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PART 2
Dragons Den
1. Introduction to the Pitch (1 Slide)
To start any kind of business there is need to have proper knowledge and skills as it help
to run the business by managing all functions and activities. This is important for individual to
understand what people wants and how they can be satisfied so that products and services are
provided accordingly. The present report is based on producing a new venture by introducing
sugar free immunity boost and energy drinks that will help to influence number of customers and
development of organization effectively (Lin, 2020). The business will start with seed capital of
£100,000 that will be use to arrange resources and raw material to prepare drink. This part of
report involves product or service, statistical data, reason of investible idea, and requirement of
investment.
2. Outline of the product or service idea (2 Slides)
The name of newly venture is Fusion Drink where people will get sugar free immunity
boost and energy drink. The reason of starting this business is increasing diseases and Covid-19
where people demanding healthy drink or juice. To start this business, a proper market research
has been conducted by Dragon then decided to start of business of immunity boost drink in
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London. The business will be start initially at small scale then after it would be expand by
arranging more resources and capital. It has been seen that people who have diabetes and not to
use sugar not getting healthy drink and they is demanding to prepare sugar free drink that could
help to keep them healthy and safe. This drink will be in three flavour such as vegetable, fruits,
and natural roots (Giloy, Ocimum tenuiflorum, cinamon). This will help to attract the number of
customers by offering better quality and taste of products in changing environment. This drink
will make sure that customer would feel safe and energetic after having this drink.
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3. Statistical data to back up the idea (2 Slides)
This idea is clicked in mind by analysing the market and looking that people is
demanding healthy drink that could help to maintain higher productivity and profitability. The
management of Fusion drink decided to provide the immunity boost and healthy drink which
made of different and fresh raw material. The idea back up because of overcoming the health
issues and providing drink for those people who is suffering from diabetes. This will help to
attract the number of people and youngster as they wants kind of drink. The ingredients will be
natural and fresh that can help to keep healthy people. Now a days, people consuming fast food,
junk food and others due to which their health being affected. However, this business of
providing energy and healthy drink will help employer to attract and influence number of people
to use this drink and feel happy. This will also help to manage all resources and capital by using
optimally. This will help to attract number of customers and develop organizational performance
(Asman, and et.al., 2020).
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Why the idea is investable
The idea is more investible as it needs less capital and resources in the form of operating
a business and establishment. The products and services which is providing by Fusion will help
to attract people as they demanding natural drink and energy boost drink which made of natural
ingredients. There is no need of high investment and higher research. The management of such
organization will keep less than 5 staff to prepare drink, serve, marketing, controlling finance
and other activities that will help to attract the number of customers. If people will get fresh and
natural juice then they would feel change in their daily life and bring change in their daily
routine. The staff of Fusion Drink will attract customers by providing information about product
and bring higher performance in their organizatin. The management of such organization needs
to arrange finance by keeping records of all income and expenses that will help to grow a
business continuously and maintain higher productivity.
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This business will give higher return on investment as no need of high investment and
price will be average that will encourage people to make again buying decision. The employer
should have proper information about customer taste and provide drink accordingly (Xu and
Koivumäki, 2019.).
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What the investment would be used for
Investment is the amount which is used by employer to start their business via arranging
and managing resources. To start a business of Fusion drink employer will use £100,000 in rent,
preparing products, marketing, staff salary and distribution activities that will helps to grow a
business effectively.
Conclusion
From the report it can be concluded that to start a business it is important to have proper
knowledge and skills as it help to manage all resources and capital. Fusion Drink have been
started by investing £100,000 that use to buy raw material, preparing drink and marketing that
can help to operate a business and maintain higher performance. The management of such
organization focuses on customer demand and provide products accordingly. The financial
activities will be arrange by finance management who keep records of all income and expenses.
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