Why i Chose this Course: Business Ethics and Realities

Delving Deep: Insights and Discoveries from BUSN 1101

The BUSN 1101 ‘Introduction to Business’ has been a great eye-opener for me when it comes to the study of business. Business is a vast field with multiple areas of functions such as marketing, finance, and supply chain. This course allowed me to dig deep into these areas and understand each of them to their very core. In the beginning, I learned what business means and how it surrounds us from all directions. As classes continued, we read and get informed more about TJX and how such a large corporation operates.

All of the lessons really intrigued me and made me think about business from a different perspective. I read all the assigned chapters and readings before every class and researched more about the concepts discussed when class was over. I learned about the different components of a business plan and how a good business plan can be a highly valuable asset for any entrepreneur/ businessperson. I learned a lot about those business concepts that I had come across only a few times earlier.

Why I Chose This Course: Globalization, Teamwork, and Ethical Implications in Business

This includes supply chain distribution, globalization, and human resource management. The quizzes, simulations, and worksheets continued to test me on the concepts I had grasped in class, and the frequent presentations made sure that my mind never went off track. I learned some key lessons about teamwork in the duration of this course. We worked on several presentations and contributed equally whenever any work was assigned to us. The entire project of writing a business plan from the ground up was really exciting. My favorite lesson in this course was the one when we discussed ‘Globalization.’ I had barely heard about this concept earlier, and I made sure to gather adequate information about it before class. We discussed how a business is not bound to function in its home country but is open to operating anywhere in the world. We watched videos of the clothing industry in Bangladesh, which was truly eye-opening. Looking at the living conditions of the people working in this industry, especially in a poor country like Bangladesh, made me realize that we must be aware of the birthplace of the products we own. I realized that we need to be grateful for what we have and be respectful towards all those people who work long hours in noisy and dangerous factories to manufacture valuable products for us. I learned how businesses might outsource some functions to these underdeveloped nations to take advantage of low labor costs, which thus increases their profits. This also taught me a lesson about human ethics when it comes to business. Overall, this course was a great start to my education in the field of business, and I am confident that I will be applying the concepts I have learned during this course in the future.

References

1. Porter, M.E. (1985). Competitive Advantage. Free Press.
2. Drucker, P.F. (2008). Management: Tasks, Responsibilities, Practices. HarperCollins.
3. Kotler, P. & Keller, K.L. (2015). Marketing Management. Pearson.
4. Friedman, T.L. (2005). The World Is Flat: A Brief History of the Twenty-first Century. Farrar, Straus and Giroux.

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