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Market research in business igcse
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I. Occupation: Market Research Analyst The occupation that I explored was the market research analyst. Market research analysts collect, analyze and interpret different types of data to improve a company’s current product and increase profits. They look at three areas of the company; the product or service, advertising efforts and sales methods. Under each area, market analysts analyze which marketing efforts are effective and suggest ways to further improve profits. This occupation works in a fast pace and high pressured environment because they are continuously trying to meet deadlines. According to the U.S. Labour statistics, market research analysts “will grow at a rate of 32% which is must faster than the average for other careers” (U.S. Bureau of Labor Statistics, 2014). II. Likes and Dislikes There are many attractive aspects to this occupation. Working in an industry where companies compete aggressively with each other forces me to make decisions more effectively and efficiently than my competitors. When I participated in the Career Management workshop, I listed many different skills I hoped to develop from my ideal career including analytical, interpersonal and problem solving skills. I find competitive work environments attractive because it encourages me to enhance these skills and challenge myself. I believe that my career should not only exercise the skills that I currently possess, but it should also give me a chance to explore different opportunities where I can acquire new abilities. While participating in the Career Management workshop, I ranked life- long learning, where an individual pursues opportunities to increase their skills and knowledge related to their field of work, as a very important career value.... ... middle of paper ... ...y interests because it involves counselling and guiding others. A financial advisor is an individual who helps their clients budget their assets. Since I am going into finance, I will have extensive knowledge and experience in budgeting and managing money. Another alternative is corporate law. This field of study also falls into enterprising occupations. Not only will I be able to guide and help others, this field is systematic in many ways, and I enjoy that. There are many careers that I am interested in exploring. However, after completing my research on market analysts, I have come to a conclusion that you cannot fully understand how a career truly is unless you pursued it at some point in your life. The reason being is that everyone has different perceptions of what their ideal career is and blindly listening to their opinions can lead to missed opportunities.
Have you ever been in a position where you where stuck and couldn’t decide between two careers? Whether it was something that you love to do or something that pays well? The answer may seem easy to you but when you start comparing the facts; that’s when it gets hard to choose. For many of us, graduates and people around the world have a difficult time choosing a career that can be a confusing process. A lot of people tend to settle down on a career quickly. Unfortunately, choosing a rapid occupation often leads to an unsatisfying path in the future, if not sooner. Eventually the individual decides to quit and start all over again. According to choosingacareer.net, “6% of workers over the age 50 are in the process of changing a career, resumes mailed to companies’ staffing departments only accounts for 3% of hires nationwide, and 95% of human resources managers and 95% of job seekers depend on personal contacts and networking to fill and find openings.” (choosingacareer.net) Choosing a career takes time and research, so it’s better to plan your future than rapidly pick one. Although some people claim they are happy with the career they chose of the bat, choosing a career carefully is much more effective because in the long run you will feel content and appreciate more with the choice you made.
...r occupations where one can dress stylist and dine at fine restaurants and climb the corporate ladder, there could not be a more honorable and satisfying career that a person could give to their community and their society.
Spokane Industries has contracted Franklin Electronics for an 18 month product development contract. Franklin Electronics is new to using project management methodologies and has not been exposed to earned value management methodologies. Even though Franklin and Spokane have worked together in the past, they have mainly used fixed-price contracts with little to no stipulations. For this project, Spokane Industries is requiring Franklin Electronics to use formalized project management methodologies, earned value cost schedules, and schedules for reports and meetings. Since Franklin Electronics had no experience with earned value management, the cost accounting group was trained in the methodology in order to bid for the project.
Many of my friends pick their careers based on money and trade skills that they have. I am proficient in art and design, but didn’t feel like that was what I wanted to do for my career. Your career shapes a huge portion of your life. It is what you do every day, for a large portion of your life. It is what I have prepared for the past 12 or so years of my life. It is way more than just money or a skill. I wanted to do something unique, something interesting, something that would inspire me to be a better human, something that would make me feel, something that is challenging, something that helped others, and above all, something that was rewarding and made me feel fulfilled.
The career I wish to pursue is that of a stockbroker. I am extremely interested in the trading of stocks and financial holdings so the career of a stockbroker just seems to fit in with my overall plan. Numbers have also always been a fascination of mine and the trends of the economy and long term financial outlooks have often interested me greatly. Stock broking is a risky business that one needs to be prepared for highs and lows if choosing to pursue. You must understand what a stockbroker truly does to even begin to follow this as a life long career.
My God there are so many careers out there, who in the world can pick just one. That’s what’s been weighing on my mind heavily is what career is right for me. I’ve thought of a couple that interest me but I want to find out everything there is to know about a financial advisor. The reason that I’m interested in this field is how everything is the same when it comes to the actually math behind the career. Also I like to deal with people and money so a job as a financial advisor just seems right for me but I intend to find out as much as I can to make sure there’s nothing surprising or any kinks in what sounds like the perfect job for me.
When I was given the choice to any job that I want to do or research I choose a financial advisor. The reason that I choose a financial advisor is because it has always interested me. The reason that it interested me was because my dad has been a financial advisor for most of his life. This means I have a little better understanding of the job than the person next to me. From what I have heard from my dad it really makes me want to go into this same career. From the information that I know I like the job but, that’s why I did this research to learn more and see if the job would fit me as a person. I hope to find a job that will let me interact with people and not keep me at a desk all day.
Although each of these occupations require massive amounts of schooling and preparation, to me they are positive opportunities to learn and grow. My parents didn’t go to college because they believe students go just for their degree, not for actual education. Even if that is true for most individuals, I
Being a loan officer is a career that interests me a lot. It interests me because it is an important job that involves many skills I possess. I also can not forget the pretty good pay that comes along with the job. I really enjoyed learning about this career and I hope my job in the future closely resembles a loan officer.
Choosing which career path to follow is one of the most important decision people take in their lifetime. Considering that this decision will affect the entire future life, it is very important to be sure that it is the right one. It is one of the most important steps in order to successfully find a job that would satisfy personality needs and guarantee a steady income. If he or she is passionate about their job, hard work is simplified and high salary helps to concentrate on results. The key about being successful at work is to be in love with it.
Coming to the point of my current career choice has been a long road. My idea of what a career is or should be has changed with circumstances and age. According to Weintraub (2005), “the average worker spends only four years in a job and will have 12 jobs in as many as five career fields during his or her working life.” (para. 1) My first career was marriage and motherhood followed by a surprising healthcare career. What the future holds waits to be seen. With a bachelor of science degree in information technology the options are wide open.
People careers are developed in organisations; we can sense the characteristics of the traditional career in the typical traditional deal between organisation and employee, when employees offer loyalty, conformity and commitment while employers offer security of employment, career prospects, training and development and care in trouble, (Baruch, 2001, p. 544). Long term employment with hierarchy career development is mostly what characterises traditional careers. Walton (1999, p. 214), described the traditional career development in an organisation by saying; “Traditionally, many organisations had well established career progression routes for those see...
The career I choose to pursue is the career of Business Administration. This career consists of running a small or big business and being able to run it and be capable of making small or very important decisions. A business runs and depends on the people and how people spend their money. If people spend their money responsibly and they know how to administrate their money and will make the economy to be stable and be good. As we all know, the economy has been really bad for the past year and it has made millions of people loose their homes and their jobs. The economy is a big factor in this career and it could be a huge problem that can be faced for a long period of time and more than once.
Choosing a career is one of the most important decisions a person has to make in their life. It is so important because that is what we will have to do to support ourselves throughout life. Imagine being stuck in a dead end job and having to go to work every morning and dreading it. That is no spending oneÕs time and life is too short to work 35 years and be unhappy with it. If a person likes the job they do then it is not work, because finding satisfaction out of a job can bring great happiness. That information has enabled me to make the decision of choosing my area of study and career in the field of Information Technology.
The reason I decided to pursue a career in accounting is because I have always been interested in the business world and accounting is considered a basic tool of business. I have worked for small and large business firms; also in private and public sectors which helped me develop a strong linking with the industry as a whole and solidified my interest in accounting.