Even small businesses can impact how people abroad spend their hard earned money. Businesses thrive when they are able to provide a product people want. People create their living situations based on resources available and what they can afford.
So what happens when a business underperforms or does not meet expectations of its market? This is when the economy can be affected. When people lose their jobs they may not be able to buy what they want. The economy would not see the same activity as it did when it was stronger. People may not decide to make bigger purchases like a house or vehicle.
They may not want to travel or take vacations. So, an underperforming business may not hire more people, give raises to their employees, or offer better benefits to their marketplace. When jobs are lost or when stocks tumble, it may be a sign things are changing. I looked across my celebratory cheesecake and beamed up at my new coworkers. I couldn't believe I had finally landed my dream job.
All of the senior editors were having lunch in the cafe across the street from the bakery where the finance team and marketing team shared dessert. I had been hired as a budget analyst at my favorite magazine. My job was to work alongside the business manager to help create a more healthy marriage between the finance and marketing departments, thus improving our sales and workplace environment.
On my way home, I reflected on my relief in finally having an exciting and secure career. Just three months later, we met at the same bakery where I had celebrated my new job. Every department from our small, close-knit staff was present. As the publication manager began to tell us the news, I remember how our faces fell.
Our publication company was going out of business, and every publication was to be shut down. She explained that they had tried to find another publishing company without success. Not only did I feel as though I failed the company, I also knew that I, as well as the other 17 employees, was out of a job.
We went back to our offices and packed up our things. Writers and designers were frantically calling around, asking for open positions. An employee from the finance department began tweaking his resume, and the marketing department apologized to the publication manager and editor-in-chief, who responded graciously.
I had to leave my apartment not long after losing my job. I stayed with a friend on the north side of town as I tried to find a job in a shrinking economic suburb. It took six months to find a position, and though I had to move and leave behind my dream, I found a new way to work toward my new dream. From this experience, I learned the importance of adaptability. Only through my ability to embrace the change happening around me was I able to find a new job and start a new life with new visions and goals.
Applying for my MBA would have sounded bizarre to the disheartened, homeless idealist who lost her dream. But now, after finding in me the strength to persevere, I am able to take what I learned from my previous job and pair it with what I learn from the university. This knowledge will help me ensure that the future companies I work with will not have to endure a similar fallout.
However, if there comes a time when I am again involved in a lost company, I know how to repair. I know how to restore. In this essay, the applicant was asked to recall a challenging situation to which the writer overcame the boundaries. The writer was asked to do this in approximately words, using concise language and proper grammar and punctuation. Sign in to Your Account Done. The committee isn't looking to see how you saved the team through your heroic efforts so put yourself on ego alert.
They want to see how you helped foster an environment in which everyone contributes, illustrating that the sum is greater than its parts. B-schools like leaders, but they like leaders who can help everyone get along and arrive at a collaborative solution. You should shift gears for this question. Almost the entire application process thus far has asked you to showcase "me-me-me.
This essay gets at two concerns for the admissions committee: Diversity comes in many shapes. If a grandparent or relative is an immigrant to this country, you can discuss the impact of his or her values on your life. Perhaps you are the first individual in your family to attend college or graduate school. Maybe you are involved in a meaningful or unusual extracurricular activity. Whatever you choose to write, it's vital that you discuss how it contributes to your unique perspective.
Don't pull your hair out just because you haven't founded a successful start-up or swum across the English Channel. Smaller accomplishments with a lot of personal significance are just fine if they demonstrate character, sacrifice, humility, dedication, or perseverance.
A good essay describes how you reached a personal objective and what that meant to you. Maybe you didn't lead a sports team to a victory. Maybe the victory was that you made it onto the team. Many applicants make the mistake of answering this question with a failure that is really a positive. Or they never really answer the question, fearful that any admission of failure will throw their whole candidacy into jeopardy.
You should answer with a genuine mistake that the committee will recognize as authentic. Write about a failure that had some high stakes for you. Demonstrate what you learned from your mistake and how it helped you mature.
This is a chance to show b-schools your ability to be honest, show accountability, and face your failures head-on.
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The essay section is the most important part of any application, see the types of essays successful applicants have used to apply to business school.
Database of example business essays - these essays are the work of our professional essay writers and are free to use to help with your studies. Free Business papers, essays, and research papers. Business Ethics and the Global Dimensions of Business - This essay will examine the possibility of XYZ .
If you're looking for an academic paper example on economics and business, don't hesitate to check the following article containing a proofread template. Why Are Businesses So Important to a Country's Economy? Our team offers incredible essay writing tips and manuals for college and graduate students. We also take on editing and. Business Essay essaysIt has always been a dream of mine to one day open and run a small business. I feel that I know myself well, and that this career field would suit me best. Rather than have one large company that brought in a sufficient income annually, I prefer to have multiple small businesses.