due Jul 22 This is a graded discussion: 10 points possible Discussion: Career Pl
ID: 431030 • Letter: D
Question
due Jul 22 This is a graded discussion: 10 points possible Discussion: Career Planning and trajectory Career Path Vice Process Manager Shift Manager Team Leader Assistant Team Leader Sr. Associate Associate Last week.I discussed how our career plans and negotiating our salaries contribute to our financial well-being throughout our life. Had you ever thought of your job/career in this way? Had you ever set goals or made a plan for how you'd like to see your career or salary progress? How did that unit help you (if it did)? Initial responses should be 300-500 words. For full credit, please respond to at least one classmate. Replies to classmates should be 100-200 words. Search entries or author UnreadDD 6 Reply 5 6 8 9 0Explanation / Answer
As I opted for my major in, I opted for accounting. This is definitely a good choice by keeping the global economy in mind. As the global economy is growing and developing markets are also emerging I will be focusing on working with this specific markets. Changes in global economy would definitely increase the impact of accounting services. More the Investments,More the service is needed. This would definitely increase the need of an accountant for most of the jobs which would definitely help me to get a better job at a better place. Changing economy would help me to get more wages according to the specific market or business place.
Technology would definitely impact my career as different automation and calculation softwares are taking place which the reduces the dependency of an accountant for an organisation. Previously where it was the required to have a highly complicated skills in managing large accounts , softwares does the job. I would also be helped by the softwares to ease my work and do my job more efficiently for the same organisation. Training for the softwares would very helpful for my accounting career as it would increase my overall effectiveness over the job.
Definitely there are chances of changing my skill sets according to the changing technologies in the market needs in accountancy. I will be learning in your Technologies as well as new techniques to improve myself in the specific situation.
Changing technologies in the market needs influence my decision of taking this career. Learning new changes as well as implementing these changes into the lifestyle and the work structure of myself I would be definitely creating a difference in the job profile. As the needs of the societies are changing according to the market and the multi skilled employees are needed for each and every organisation, I would also be changing myself for this specific skills and improving my job.
Some basic Strategies for an entrepreneurship which I would follow in food Industry in my career for future endeavors are as follows.
Researching new products as well as services
By researching new products in the same field as well as providing new services. Entrepreneurship can be Very much benefited by these two terms by developing new products as well as introducing new services to your entrepreneurship business you can easily increase your overall reach and create new catalogue for the company. I will research about New recipes as well as new cooking techniques which can enhance my overall food chain as well as the food store to provide better services to the customers.
I'll start with the small markets
Rather than tackling bigger markets, I will start from the smaller Markets and when I will get established in the smaller markets then I will switch to the bigger markets for my company. This specific strategy would reduce the overall risk of failure. Rather than opening bigger food chain in bigger cities I will start with smaller cities with the smallest old to grow constantly and reduce the risk of failing.
I will listen to the customers feedback
I will listen and analyse the customer's feedback to adopt the changes. Listening to the customers is one of the most essential part for an entrepreneur as all of their services and products are initially very customer oriented to be more promising . By listening the quality of my food as well as the taste I will definitely provide a better product to the customers.
Analysing the market and changing according to it
I will analyse the market and change my strategies according to the current market needs. By analysing the competitors as well as that products I will implement my own product range as well as services for the customers. Ability in the food industry hence I have to go and look out for different competitive shops or those who deals in burgers and I will definitely try to improve my burgers in a different manner by creating a unique taste.
Creating a new market
By creating a new market with my ideas I will easily create a unique selling point of my products and provide extremely good services in the same class to become a Pioneer as well as set up my own Monopoly in the same product section. By applying this is specific strategy I can easily enhance the overall reach of my product as there would be no competition my products in the same field.
Recognizing the opportunity
I will recognise the opportunity of a business requirement in summer special field and work towards it. Bye properly studying the competition and recognising the market structure I can easily determine which field should I go for the maximum benefits as well as profits for my company.
Conserving the capital
I will conserve the capital for investing in my business, an entrepreneur should be as conservative as possible in terms of money. Rough patches can arrive anytime in an entrepreneurship program hence getting out from that specific page requires capital which can be rectified with the help of conservation.
Kickstarter is a platform who gives an opportunity to the ideas forming crowd funded from around the world. Kickstarter itself is an entrepreneur program which is based on the profit earned by the Kickstarter projects.
By implementing the strategy of crowd funding kickstarter has been a huge success among doing generation and the entrepreneurs. Buy suits in the richest idea from all over the world and providing them up from a platform to increase their ideas and in return asking for the percentage of money from the total profit or maintained by the entrepreneur idea is the basic strategy of Kickstarter. By maintaining this basic strategy Kickstarter have been growing since it was introduced to the Internet. Tata has no physical store and has only and Internet based service which provide a platform to the new entrepreneur who want to exhibit the idea to the world and get the investment for the same by introducing the idea of crowd funding started a wave of entrepreneurs by giving them a platform to ask for the money and investment in exchange to the products they build.
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