6. Reflection on business ethics is vital because ethics are integral part of any organization (Loumbeva, 2008). What was the outcome of the situation? Throughout this class I have learned many skills that I can take with me throughout my business career. Using a mixed-method approach that combines laboratory experiments and a field study in a large business process outsourcing company in India, they find support for this prediction. Dr. Jeff Cornwall has an excellent post about the importance of self-reflection for entrepreneurs.. A typical reflection paper (ALL chapters included) should be between 300 and 700 words long. One was event management for weddings and the second idea was setting up a cake shop selling designed theme cakes. Learning without reflection is a waste, reflection without learning is dangerous. 1. Our goal is to help you by delivering amazing quotes to bring inspiration, personal growth, love and happiness to your everyday life. Reflection makes it possible to view the assembly information of an object such as events, properties, methods and fields. For the past two months, I have attended 10 […] To improve your business, first improve yourself. In a family business, you grow up with close contact to the business I watched the Apprentice and learnt importance of good negotiation skills, importance of teamwork, customer service and coming up with the right product, understanding what the customer wants, getting the right price and being at the right place at the right time. We already know from Julia Cameron that writing is really good for your soul. My Reflection on Business Ethics. What did you and the other people do? I believe I have benefited from my learning from previous modules which helped me in working on this assignment. Personal Reflection: In the course I have learned that effective business communication is the key for organizations to move forward. ... We only think that the profit that the business can give us. As I always say, it takes patience and perseverance before we can see the fruit of our labor. Reflections are your takeaway from the chapter readings. Reflection is the process of accessing information about loaded assemblies and the types defined therein to create, invoke and access type instances at run time programmatically. We may have a great concept in mind, we may have the resources to start a business, but if we lack the skills, then we are just wasting time and money. Use of this feed is for personal non-commercial use only. I had a very interesting module which is “Business in action” where I learned many things that helped me in those months and more others things that I really need in the future to setup a professional and comfortable life. A "Reflection" Paper composed for Business Management Reflection Paper I am pleased to reflect on my experience this semester in Business Management 3510. This assignment was using your own initiative. Business Report and Reflection was first posted on August 28, 2019 at 3:34 am. From the beginning I was aware that it would have been very difficult to set up a cake shop in Trinity Walk and would be very costly but this did not discourage me in any way. A business, an enterprise, or a firm is an organization designed in an attempt to create value through recognition of business opportunity by the management of risk taking opportunity, and through communicative and management skills to mobilize human, financial and material resources necessary to bring a project to success (García, Domingo and Salvador 68). All the talks we had were very beneficial as every time a speaker came it would make me think about new things that I haven’t thought about. To review, the business model canvas divides a business into 9 … You may have come across businessmen who have a negative reputation with their employees due arrogance or stubbornness. Doubt everything or believe everything: these are two equally convenient strategies. For the purpose of this paper, I will briefly talk about my experience in class this semester as a business student. I learnt the importance of building links and having a good communication strategy. I have my own savings so I didn’t want to get a loan and thought the best thing would be to use my own money than getting a loan. I have enjoyed finding the solutions to problems. BUSINESS STRATEGY Reflection Essay KEY INFORMATION Due date Weighting Relevant chapters Assessment format Length Specific requirements Refer to the Learning Management System 35% 1 10 Reflective Essay (Mandatory) Please submit in .doc or .docx format. From my previous modules and by what I have read about business, I understand that business is not about making profit it’s about making a successful stable business that makes profit. I have understood the importance of partnership and how having partnership can help you share tasks. 'Tis the business of little minds to shrink, but they whose heart is firm, and whose conscience approves their conduct, will pursue their principles unto death. Reflection Paper Intro to Business Taking this management course made me realize how seriously complicated the world of business. I feel that it was a successful class which taught me a lot regarding how to function in a team and as an individual. The type of person you are is usually reflected in your business. 5. I thought I could move on to setting up a pop up shop later once the business is well established. Reflection is the business of man; a sense of his state is his first duty: but who remembereth himself in joy? Reflection Of Business Ethics: Ethics And Ethics In Business 1111 Words | 5 Pages Let me begin my essay quoting Rick Santorum; he said, “The more moral the people are in their business dealings, the less paperwork you need, the more handshakes you can have, the more the wheels of capitalism work better because there 's trust in the marketplace. 3741 matching entries found. In a family business, you grow up with close contact to the business, whatever it is, and the beer business is certainly a very social type of business. Both these ideas are something I want to set up in future. Many have also failed. Business Ethics Reflection When one is faced with ethical dilemmas he or she needs to look at the situation as a whole and determine what the outcome of the situation would be and to whom it may effect. When someone tells you it can't be done, it's more a reflection of their limitations, not yours. I do feel that this learning experience will come very useful to me in the future as I do want to set up a cake shop in future. Reflection is a flower of the mind, giving out wholesome fragrance; but revelry is the same flower, when rank and running to seed. What is thematically posited is only what is given, by pure reflection, with all its immanent essential moments absolutely as it is given to pure reflection. I have learnt the importance of setting the pricing strategy right. Like Nicole, we are all trying to be the best we can be and do the best we can. I can use this experience and business plan when I come to setting up any business. What happened? Honestly I did not know anything about opening a business. As a busy business owner, you’re probably concerned about looking towards the future. I know this would affect profit but that would be for a short term period. I did this by completing my market research as it was very important to understand the market, the trends, what the customer wants, who my competitors are. It felt like I was working on a real business covering every little detail. Keep it short and sweet. Whether you choose to journal your reflections or just take time out to think on the big things your business has to offer, you should know that it will help you and your business feel better. 3 Ways Personal Reflection Can Help You Grow Your Business — Your Small Business Growth I was suggested this blog by my cousin. 2,000 words (10% allowable either way) Includes journals, papers and books sourced from the library or other university … With either we dispense with the need for reflection. I got many tips from them which I have covered in my previous posts. I believe the ultimate goal of this class was to essentially aid my classmates and I in getting a job and how to properly act in a business environment. Not as a reflection of their character, but as a reflection of yours. It is easier pointing out the unique selling points but I have learnt how to use the uniqueness to promote my business. Reflection on Business Law Unit 1: Judicial Concepts The law in business is also an essential element that provides a critical understanding of the business environment in which an organization operates and generally impacts the commercial transactions of an entity. Reflection: Business In Action 1510 Words | 7 Pages. I believe working on a business plan requires a lot of patience and the only way you get information is through research. I helped my class mates by giving them some ideas on their business plans, like printing canvasses or printing T shirts with quotes, and pizza on the go subway style. How you treat me will reciprocated. Same way you have been posting your weekly chapter discussions. I must honestly admit that writing a reflection provides a platform where one can vividly express feelings and thoughts, but a challenge arises when rendering a more clearer and objective sharing, rather than focus on individual subjects and personalities. Beyond understanding if entrepreneurship is the right path, self-assessment helps entrepreneurs better define the ideal size and scope of the business before it even begins, by integrating their personal financial, family and other personal goals into the mix. I have learnt the importance of using the up to date trends to reach out to the public. Is it not in mercy then that sorrow is allotted unto us? When I was given the assignment I had two business ideas. I have made a check list of what I need to do for my business, which I found useful and I believe this can be useful to others who are interested in setting up a business. I found to be amending my business plan every time I learnt something new, about partnerships, overheads, licenses need and health and safety. Students and managers unfamiliar with business ethical regulations and behaviors may find themselves unsuitable to operate successfully in business industries such as retailing, marketing, human resource management, accounting or finance. I thought customers could taste small samples of the product too and get them interested like this. Many organisations, especially academic institutions pay special attention to gather reflection from their stud… Reading more articles and watching all these shows inspired and encouraged me as I thought of all ways I could do the tasks better to improve the product or service. In a mirror we find a reflection of our appearances, but in heart we find a reflection of our soul. All my learning from this module will help me excel in my career and further studies. My Reflection Of My Perception Of International Business. Before filling up your to-do list in your planner, don’t “Reflection can transform something familiar.” – Diane L. Dunton What did you want to happen? Everything I learnt in my financial module it was giving me an opportunity to use that learning in my business plan. I think it's a reflection of the music business in general, which to me seems very fragmented. Given the obstacle of being ethical or caring for the environment or large profits, profits almost always win. ©2019 “Instant Assignments”. the job, and that was that. Is it not in mercy then that sorrow is allotted unto us? I identified the barriers I would face at the beginning due to cup cakes being more popular but on the other hand I had ways on which I could overcome these barriers through introductory offers or special offers and limited editions. I don’t know if I completely knew what to expect other than learning about other cultures and the vague understanding of other societies. I am pleased to reflect on my experience this semester in Business Management 3510. 2. Coming up with the idea was the easiest part but anyone can come up with an idea, how it will all come together and how you move forward with the idea and make a business out of it is the challenging part. You're my reflection and all I see is you. I feel Marketing is my strength but overall I felt I did well on all aspects of my business plan. It is all about having the right product and how you sell the product to the consumers. REFLECTION ON MY EXPERIENCE IN THE PROJECT BUSINESS CASE GROUP WORK The main purpose of this report is to reflect on my experience while working as a group to develop a project business case. The Strategy Business … From this reflection, I am glad that I came to this talk because this kind of discussion taught me a lot on how to be a good and excellent entrepreneur. For example I discussed pricing, product range with my Sister. The Business Strategy Game is a hands on learning exercise that will give The Students valuable decision-making practice and develop powers of business judgment. A person's bad attitude towards you is not a reflection of your character but a reflection of theirs. Individual reflection in simple is a personal experience working in a team. Girl you're my reflection, all I see is you. Your email address will not be published. To keep my overheads low I decided to set up a pop up stall instead. I loved making the important decisions for my Business Plan. I first made a brainstorm of all things I needed to find out. An understanding that a person develops from any kind of work is categorized under an experience that is reflected by an individual in varied forms. Synonyms: thought, thinking, study, musing, consideration, contemplation, deliberation, pondering, meditation, rumination, cogitation. I watched the Great British Bake off to understand what kind of things people are interested in, what the trends are and read articles about how this programme changed Britain and people left their jobs to start baking. Reflection Paper Intro to Business Taking this management course made me realize how seriously complicated the world of business. A working paper by Francesca Gino and Gary Pisano of Harvard Business … My reflection, in everything I do. Why were you there? I believe that customers should buy these cakes because they are fun tasty treats, something that every customer can relate to, share the treats with their family and friends and every customer will feel happy about their purchase. The main points to include here concern what happened. Reflection About My Business Class. She gave me feedback and together we agreed on pricing and product range. Reflection on Business Simulation Course During the business simulation course, we organised a team to become an automotive start-up company and introduced four new products, vehicle models, to satisfy the investors who invested us £500M. Individual reflection is one important way to portray regarding ones experience in working in the groups and gives ideas for a better outcome and ways with which difficulties can be overcome. I felt more time I invested in it, the more things I found out about business and it’s all been a learning process for me. If you go to work every day knowing that business is a series of circumstances and actions that can all be handled, and with the attitude that there is always a way to win the game, your business will be a reflection of that mindset. Business Planning has been a very challenging but fun and learning experience from me. Reflection Paper On Business Ethics 2881 Words | 12 Pages. However, I did discuss my ideas with my sister. It may be a template on one’s opinions on facts, events, controversy et al. My naive high school self simply thought you did well in school, applied for jobs, got the job, and that was that. Helpful questions: 1. For example, Profit and Loss, Break even and my cash flow projection. Dr. Jeff Cornwall has an excellent post about the importance of self-reflection for entrepreneurs. Further, they find that the effect of reflection I am not sure whether this post is written by him as nobody else know such detailed about Once you know all the information you get, I think it all gets easier and easier but I believe it is very important to have passion about what you want to do because if you don’t enjoy it or believe in your product how will you convince other people to buy your products. Here you have a chance to describe the situation in detail. Enter your email address to follow this blog and receive notifications of new posts by email. For example,  I got some great feedback from Pat, Mindir, Helen from the Wakefield Council and they encouraged and boosted my confidence. 786 Words 4 Pages. The pop up stall can help me promote my business. It appears that money is the root of all evil. Describe what you knew about opening a business before we started the project. Create a free website or blog at WordPress.com. I wanted to sell cake pops to other businesses to help promote their businesses and selling them along designed theme cakes was the perfect opportunity to create awareness. The business model canvas is a great way to divide and conquer any business strategy. Reflection is the business of man; a sense of his state is his first duty: but who remembereth himself in joy? Your feelings and conclusions will come later. Give respect to people whether they deserve it or not, Not as a reflection of their character, but as a reflection of your own personality. In sum, self-reflection is an essential part of life and business. When and where did it happen? I have always wanted to set up a cake shop because from personal experience I have seen this is a money making business and my sister and cousin are exceptionally good bakers and I have always asked them to set this as a business and sell cakes for all kinds of events not just birthdays. The more I explored in every sector I identified opportunities to save money or to do something better and I made use of these opportunities through planning. Throughout this class I have learned many skills that I can take with me throughout my business career. I have understood the way you market your product and have learnt about the important process of understanding your target market, and completing your market research and being aware of your competitors. 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