Summary
Summary Unit 27 - Work Experience
- Institution
- PEARSON (PEARSON)
Includes everything needed: A.P1 A.p2 A.m1 B.p1 B.m1 D1
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Unit 27: Work experience in Business.Learning Aim A: Investigate opportunities for work-related learning
Learning Aim B: Carry out work experience in an appropriate and safe manner.
Part one:
In my report, I will plan, organise, and participate in a work placement term. To accomplish this, I
will keep a record of my planning and preparation for the work placement, which will include a
process review. I'll keep a journal of the chores I complete while on the placement. Work-related
learning involves activities and assignments that use the context of work to increase a student's
knowledge, skills, and understanding. Any experience gained while working in a given field or
occupation is referred to as work experience.
Students gain an understanding of the work environment and what employers expect of their
workers through work experience, as well as the opportunity to explore possible career options,
increased self-awareness, maturity, independence, and self-confidence, and increased
motivation to continue studying and/or pursuing further training. This will assist me in identifying
and describing three realistic opportunities in local businesses, each of which will provide me
with a minimum of 40 hours of work placement.
The main functional areas within most organisations include management.
Management includes:
- Planning: Managers plan by establishing long-term goals for the company as well as the
short-term strategies required to achieve those goals.
- Organizing: Managers oversee organising a company's operations in the most efficient
way possible, allowing the company to make the best use of its resources.
- Controlling: A large portion of a manager's time is spent controlling the activities of the
business to ensure that it is on track to meet its objectives. When people or processes
deviate from the path, managers are often the first to notice and take corrective action.
- Leading: Managers serve as organisational leaders in both practical and symbolic ways.
The manager may guide work teams or groups through the implementation of a new
process or the creation of a new product. When the organisation interacts with the
community, customers, and suppliers, the manager may be viewed as the organization's
leader.
The second functional area within business is operations, which is the process by which inputs
(factors of production) are converted into outputs (goods and services). Operations is the beating
heart of a company, churning out goods and services in sufficient quantity and quality to meet the
needs of the customers. The supply chain is under the control of operations, which includes
procurement and logistics.
The third functional area within business is Marketing/Sales. Marketing encompasses everything
a business does to identify its customers' needs and design products and services to meet those
needs. Marketing also entails promoting goods and services, determining how the goods and
services will be delivered, and developing a pricing strategy to capture market share while
remaining competitive. In today's technology-driven business environment, marketing is also in
charge of developing and managing a company's Internet presence (e.g., the company Web site,
blogs, social media campaigns, etc.). Social media marketing is now one of the fastest growing
segments of the marketing function.
The goal of Sales, particularly in business to businesses, businesses, is to close the revenue that
the company requires to operate profitably. Again, depending on the nature of the market and
the size of the company, the structure and approach of Sales functional areas can vary:
inside/outside representation, vertical/horizontal focus, direct, and so on. Sales works to
, capitalise on the leads generated by Marketing as well as the activities generated by the sales
force itself.
The last main functional area of business is Finance, this function is responsible for the planning,
acquisition, and management of a company's funds. Finance managers plan for both short- and
long-term financial capital needs, as well as the impact of borrowing on the company's financial
health. The finance department of a company responds to questions about how funds should be
raised (loans vs. Stocks), the long-term cost of borrowing funds, and the implications of financing
decisions for the business's long-term health.
There are the main 5 jobs people in business look work experience for:
- Brokerage.
- Accountancy.
- Bookkeeper.
- Entrepreneur.
- Business Administrator
The best functional skills that would best suit my skills is Marketing. One of the functional skills I
have is Marketing/Sales. Marketing encompasses everything a business does to identify its
customers' needs and design products and services to meet those needs.
This best suit my skills because I am very observative, as well as creativeness and I do not have
the will to give up (resilience). Marketing also entails promoting goods and services, determining
how the goods and services will be delivered, and developing a pricing strategy to capture
market share while remaining competitive. One of my other skills include competitiveness, this
ensures that I always want to be ahead of my competitors which a marketing or salesperson
needs to have as one of their skills.
In today's technology-driven business environment, marketing is also in charge of developing
and managing a company's Internet presence (e.g., the company Web site, blogs, social media
campaigns, etc. As I was born in the 21st century I have grown up with technology, which
provides me a boost from my older competitors which may need to take it classes to help
manage social media accounts.
My skills include:
- Communication
- Interpretation of body language
Another functional area which would best suit my skills is management as it requires the
following:
- Planning: Managers plan by establishing long-term goals for the company as well as the
short-term strategies required to achieve those goals.
- Organizing: Managers oversee organising a company's operations in the most efficient
way possible, allowing the company to make the best use of its resources.
- Controlling: A large portion of a manager's time is spent controlling the activities of the
business to ensure that it is on track to meet its objectives. When people or processes
deviate from the path, managers are often the first to notice and take corrective action.
Leading: Managers serve as organisational leaders in both practical and symbolic ways. The a
manager may guide work teams or groups through the implementation of a new process or the
creation of a new product. When the organisation interacts with the community, customers, and
suppliers, the manager may be viewed as the organization's leader.
The main methods on finding jobs or work experience placements include:
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