· Reflection Paper. I am pleased to reflect on my experience this semester in Business Management I feel that it was a successful class which taught me a lot regarding how to function in a team and as an individual. Personally, I do not enjoy classes that don’t challenge me. I have always been one to persevere through difficult situations Reflection Paper Introduction The five weeks of the Cultural aspects of international business course have been a truly enriching life experience for me. I must admit that I was a little skeptical about the value proposition of the course as I thought this was going to be one of those purely theoretical pro-diversity lectures with no potential for practical application How to Write a Reflection Paper in Business Studies: Topic Selection. Reflection involves critical thinking and the ability to see and describe one thing from different angles. College tutors often want their students to express their suggestions concerning some events. It usually turns out that students’ visions of the situation are different
School Essays and Projects: A "Reflection" Paper composed for Business Management
View our latest COVID updates, business reflection paper. Click again to hide the comment. Then complete the activities that follow. Use the knowledge you have accrued in this unit to write a reflective essay on the following topic:.
What, in your opinion, is business reflection paper importance of disequilibrium and how would the knowledge you have gained about disequilibrium and other key concepts in this unit help you in your career as an entrepreneur?
Disequilibrium is a concept I was unfamiliar with until I studied the ECF Entrepreneurship and Economics unit at Monash University. This can be a short-term byproduct of a change in variable factors or a result of long-term structural imbalances.
Lecturer's comment 2: While it is a good place to include a definition, this sounds a great deal like something that has been borrowed directly from a source that has not been identified according to the required conventions.
Where is the APA in-text citation? As my career goal is to become a successful entrepreneur in the technology field, combining my passions for money-making innovation and technology, I soon learned that an understanding of the disequilibrium concept would be key to my future career. Lecturer's comment 3: A statement indicating your purpose for writing and the structure you intend to use to achieve the task's aims is needed here. Throughout the lectures, tutorials and required reading for ECF I learned about the basics of economic theory in relation to entrepreneurship, and found that there were several of these concepts I could utilise specifically in my mission to begin a career developing financial self-management applications.
While knowledge and understanding of scarcity, elasticity, monopolies and competition, business reflection paper, and externalities and public goods Lecturer's comment 4: Yes, business reflection paper, these are all covered in the unit and I know they are relevant.
However, you do not explain their relevance briefly to your future career as the topic requires and in doing so, prove business reflection paper understanding. will be of great use when I embark on my entrepreneurial career, it is disequilibrium that is the key business reflection paper of relevance for me.
The main reason for this is because of a gap I perceive in the market. As business reflection paper and more people move from subsistence or low-income status into a self-sustained middle class economic status, business reflection paper, a larger percentage of the Australian population will need to manage their more substantial finances themselves.
A useful analogy is that of the decline in the success of travel agency businesses over the past decade. As more and more online travel and tourism providers enable the average consumer to research and book flights and accommodation themselves, the need for experts with access to airlines and hotel booking systems has diminished. In much the same way, people wishing to manage their own financial affairs will perceive the need for experts charging high rates for their expertise to manage their finances as less necessary.
This can only happen, however, if an easy and cheap alternative is available - hence my financial self-management apps exploit the disequilibrium in the market.
Lecturer's comment 5: Your analogy is insightful, business reflection paper. However, your focus when explaining the importance of disequilibrium seems to lie entirely on one aspect only - a gap in the market. If disequilibrium is the key to your future, business reflection paper, as you wrote in the first paragraph, surely it covers more than this It motivated me to pay full attention to learning as much as I could in ECF - a case of intrinsic motivation.
While some of the unit content was not directly relevant to my personal goals, it still made me more knowledgeable about economics in general and entrepreneurship in particular. This will all enable me to run my company with expertise and a sound understanding of theory and how it might apply in practice, business reflection paper.
My employees will respect my choices and decisions because of my learning and related business acumen. Disequilibrium seems to posit that there is a situation perhaps even the norm where the market is in balance, with supply more or less equalling demand. With constant developments in technology, volatile worldwide markets and innumerable other factors affecting consumers, business reflection paper, this seems to lack a basis in reality.
Aspects of it do apply, though, so it is not without benefit. Lecturer's comment 6: Robert Triffinone of the first economists to directly discuss business reflection paper disequilibrium affects markets, has some interesting and relevant thoughts about this phenomenon.
My point is that the lack of business reflection paper from the literature weakens your assignment. Also, this paragraph starts out discussing how you felt, through to how it will help you at work and then into a critique of disequilibrium.
One main idea per paragraph please! Disequilibrium is the key concept that I can exploit business reflection paper knowledge of in order to begin a successful entrepreneurial career. I expect other start-ups to quickly follow business reflection paper lead when I begin to build my business developing financial self-management apps, so I will need a sound business plan, reliable and trusted employees and clearly established legal rights to my intellectual property.
This is very exciting! Lecturer's comment 7: Your excitement is infectious but the previous two sentences do not seem relevant to the task on which you are being assessed. Try to maintain focus on the central idea of this paragraph: the importance of disequilibrium as a concept in your future entrepreneurial career.
When revising your assignments, editing out off-topic sentences such as these can build the cohesion of your writing. Again, business reflection paper, this content deserves a body paragraph, not an addendum to your conclusion.
The imbalance between demand in the market and supply means I have a ready-made target clientele and a short pathway to expansion and success. Scarcity means unlimited human wants can never be fulfilled by the market, which is something I believe my company will be able to exploit. Public goods like the financial advice the Australian Government and ATO provide to the general public has some minor relevance to my entrepreneurial venture, as it can be seen as competition with the advantage of being at no cost to the consumer.
However, the externality of this public good also applies to my future business, as the result of both will be financial success for the consumer. This benefits society by increasing government income through taxation of higher incomes, leading to better infrastructure and federal economic and banking security. Lecturer's comment 8: The ideas about taxation, banking security, public goods, etc. are expressed too simplistically. Where is the depth of understanding of these concepts as discussed in lectures and required reading?
Families which benefit from financial advice from the government and my apps will have better educated children who are more likely to be successful and less of a burden on the business reflection paper system. A better world is the result. Lecturer's comment 9: If this is your conclusion it really lacks clear structure and purpose. You discuss two of the four economic concepts you identified earlier as relevant to your plans why only two? This is not recommended for conclusions - that is not their purpose.
Finally, your view on how your venture will contribute to society is Utopian and naive. I think a reality check is needed. You make business reflection paper promising start, but the more you write, the less evidence there is of a planned piece of reflective writing.
The task requires two main things: 1 your view on the importance of disequilibrium and 2 an explanation of how key business reflection paper from the unit will assist in your career as an entrepreneur. For the former, you lack a thorough explanation of the concept and its various facets, instead latching onto one aspect only: market gaps.
For the latter, you mention relevant concepts early but do not explain their relevance I know it but am looking for a demonstration of your understanding. Finally, business reflection paper, your conclusion seems to be a collection of afterthoughts and ideas that came to you while you wrote.
As is the case with any assessment task, business reflection paper, I am looking for evidence you have learned something from the lectures, tutes and required reading.
The lack of any in-text citations and references is an indication that the concepts we learned about during the semester have not been incorporated or discussed to the expected extent. For a minimum word essay you needed to consult at least 5 business reflection paper, rigorous academic sources, e, business reflection paper. peer-reviewed academic journal articles, books from academic publishers, not merely one source a non-academic online definition of business reflection paper. A reflective essay deviates from typical academic writing because it invites you to use your own experiences and perceptions as evidence, business reflection paper.
However, this reflective task still requires you to select and interpret evidence according to academic standards. You should have cited secondary sources of adequate scholarly quality and of sufficient number to support your ideas.
Engaging with academic literature in this way would have demonstrated that your business ideas are grounded in a sound understanding of relevant theory. From an academic, university writing perspective, your business idea needs a stronger basis in economic theory. You have also not mentioned the key challenges you need to overcome in order to succeed. year 1 identify and target market, expand customer base by means of An effective reflective essay would have a description what happened?
What theories might help explain what happened? and finally outcomes or action what did you learn? What would you do differently next time or how might it apply to your future practice? Home Courses Library Donate. Previous menu Toggle navigation. analysis Description vs. Why is academic integrity important? What is academic integrity? How can I business reflection paper with integrity? Case history 1. Case history 2. Mental state examination 2. Mental state examination 3.
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How to Write a Reflection Paper - Step by Step Guide
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· This sample paper is crafted by Elizabeth. She studies Communications at Northwestern University. All the content of this paper is just her opinion on Reflection Essay On Business Communication and can be used only as a possible source of ideas and arguments. Check out other papers written by Elizabeth:Estimated Reading Time: 7 mins Reflection Paper Introduction The five weeks of the Cultural aspects of international business course have been a truly enriching life experience for me. I must admit that I was a little skeptical about the value proposition of the course as I thought this was going to be one of those purely theoretical pro-diversity lectures with no potential for practical application Sample Business and Economics reflective essay. Example of a student's reflective essay and lecturer’s feedback. Read the following example of a student’s reflective essay. Click the icons next to each paragraph to show the lecturer’s comments. Click again to hide the comment
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