While speaking about various sides of the human existence we cant help mentioning the field of economics. The economics is the main engine of the human societys development. Internet brought the new technologies to our life, shortened the distances and cut the solution terms. Since 19XX I have been watching the gradual development of the relatively new type of companies, namely Internet based. Modern realities made me realize the significance of the economic studies. My curiosity to economics was caused by watching the dynamics of the Internet based companies.
I tried to understand what was the reason of raise and fall of these companies; which main factors moved these companies up and down. The comments in media on these or that phenomena of the global market and particularly, Internet market made me realize I needed some special knowledge to understand what is going on. I took my first class in economics just to understand the processes, which are going on in the world market. I was fascinated by the subject. I realized that everything is connected in this world. Somebody said that economics is the concentrated expression of the politics.
I really started understanding it. Internet linked the continents and the countries. New trade opportunities arise very rapidly. The economics affect the political events all over the world. Internet opened new possibilities in the world market. We understood everything is tight in the world very closely. Internet opened unlimited opportunities for business.
Christopher L. Isaacs 1010 – Technical Writing Extended Definition 00 March 6th The “Internet” and “World Wide Web” Defined In recent years the Internet and World Wide Web (WWW) have become more and more popular as an information resource. Many people believe that the WWW is the same as the Internet. This is untrue. The Internet was designed in the late 60’s as a way for a few military computers ...
It made the business really unlimited. The war in one part of the world affects the markets in others. The elections, say in the USA affect the economic relations in Europe, the war in Iraq affects the oil prices all over the world. The real base of any policy is economy. Economy forms that base which makes people civilized human beings. Internet made the world safer, because people got businesses in various part of the globe.
Nowadays people tend to harmonize their business ethics. The new communication channels make business reveal all the scandals connected with the business. People get certain conclusions from these scandals and try to avoid them in the future. Another goal the Internet provides is creating really competitive environment for the business worldwide. The investments have the trend to move to the countries and the territories with the more favorable business environment. It is necessary to have a complete understanding both political issues and economic ones to become an expert in economy.
There are a lot of laws and regulations in business in various parts of the world. But still there is one that is common for all people and countries. It is the business ethics. It will take a lot of time to create a good name in business or develop a successful brand, and it takes no time to loose it. There is a saying that the first 10 years an individual develops his reputation and only some years the reputation supports the individual. The most expensive thing in business is the reputation, because we pay for it a lot and may loose it for nothing.
A person may be a very fair man of integrity, but he needs to posses certain knowledge to become a good businessman. On the other hand a very educated specialist will never create a successful business if he neglects the laws of business ethics. It is worth to note the business ethics is a part of the human integrity too. Apart from the ethic aspects the economy attracts me by its complexity. Being a successful expert means to understand the demands and the requirements of the society, good knowledge in accounting and business planning and ability to develop myself. It is a challenge for me to realize in reality what I plan.
Business & People Asad De-industrialisations: The reduction of importance of the secondary sector of business activity in a country. Dividend: A payment made to shareholders from the profits made by a private or public limited company. Sole proprietor: One person who owns the business. Horizontal integration: Merger or takeover of another business at the same stage of production in the same ...
Having worked for a prominent wholesaler of high-tech chemical instruments, I have also enjoyed the benefits of working in an environment that embodies today competitive marketplace. I realized the inner economic processes and procedures of the company. It is impossible to run a successful business without the clear understanding the psychology of the human relations. My business experience made me understand the manner of business communication. Business is a very democratic branch of the human activity. Any personal type may find a good application to his or her knowledge and experience in business. Business is also a team activity.
It makes the person learn working in a team; understand the colleagues and the partners. The team activity helps one to improve his personal talents and abilities. While being in business you have to understand your business partners, you have to model their business as well. The final aim for me is to obtain good knowledge and apply it to create a good and strong corporation. My father was an unlimited hero for me. He taught me that the failures educate more than success.
Being international businessman selling hi-tech machinery he was an expert in various branches of human activity. It was him who made me raise the bar of my personal standards. His life examples built a base for my personal self-development. I believe any person is able to achieve the ultimate success if he wants to. Business, as I mentioned above is a very democratic and maybe the oldest field of human activity and the success in business depends upon people only. People create the business environment, run the companies, and create the offers and requirements.
Fundamental knowledge, hard working and high level business and human ethics provide the success in the business career..