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Business Notes
Business 101
Module 1

Webcast 2 – Why Business Matters
Business – An organization, which provides goods or services to satisfy customer, needs.

Business Model – Indicates how a business generates revenue/profit.

Reading 2 – Bovee and Thill
‘Looking ahead to your career’

Seeking Employment Opportunities and Information

-Keep up-to-date with Business and Financial News

-Networking – The process of making informal connections with business people. It can happen anywhere, sporting events, someone in your class, social gatherings, and so on. Say you knew someone at uni now and you did a project with them, in 5 years time you went your separate ways and your looking for a job and get an interview. Unknowingly they are the manager at the places you got the interview Since they know you, and that you are a hard worker, you have a higher possibility than anyone else at landing a job, making it that much easier.
Webcast 3 – You and Your Career

1. Stand out from the crowd

2. The clock is ticking

3. Grades are not enough
-Work experience
-Your personal skills (communicating etc.)

4. Clubs are the answer

Say YES to opportunity

Reading 3 – Bovee and Thill
Developing a business mindset.

Major Functional Areas in a Business -Research and Development -Manufacturing and Production -Marketing and Sales -Finance and Accounting -Human Resources

Achieving Professionalism -Striving to excel -Being dependent and accountable (on time) -Being a team player -Communicating effectively -Demonstrating etiquette (being mature) -Making ethical decisions -Maintaining a positive, confident outlook (being optimistic)

Reading 3 – Inkson Kerr
Career development principles for today's career beginners

Taking responsibility for your own career
-Learn skills and get further education in your career. This will be a valuable asset especially if you are made redundant from work and are looking for employment.

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