Importance of Business Strategy Essay Example | Topics and Well Written Essays - 2500 words - 8

Importance of Business Strategy - Essay Example Every organization, no matter the size, requires to have a strategy of the business. The strategy has the principal objective of ensuring that the company can meet the needs of the customers in the market. A business strategy, therefore, has the core objective of creating the foundation of the business. Once the business is founded on a common core, then there can be the establishment of systems to monitor the direction and operations of the business so that the business can have the capacity of succeeding in the market (White, 2012). As such, a business strategy has the function of enabling the business to understand its environment and the variety of factors that it requires in order to the business to attain success. Among the specific functions of the business, strategies are to identify the strength and the weak areas of the business. Through this identification, the business can then have the capability of focusing on its strengths and attractiveness in order to sell itself to the consumers. Further, the business strategy has the capacity of enabling the business to identify the risks that the business has to face when operating within a specific market through the use of the business strategy, the company will have the capability of mitigating these risks and having the capacity of achieving profits for the business. A business strategy has the purpose of ensuring the long-term growth of the business amidst a changing business environment. There are various trends and cultures coming up in the business world and every business should have the capacity of adapting to the change.  

Why students should take a gap year before college Essay

Why students should take a gap year before college - Essay Example Yet, there do happen to be many discerning students who take time to sort out their priorities in life. Such students do prefer to think in a more serious and concerted manner as to their expectations from and outlook towards a college education. In that context, taking a year off before college allows such students the time and the space to ponder about their future goals and aspirations in a more serious and dedicated manner. This allows them to step aside for sometime from the usual societal and academic trends, to chalk out their future course in consonance with their own values and needs. Hence, a gap year before college could indeed turn out to be fruitful and beneficial. Thereby, students should take a year off before college to gain maturity, build real world social skills, and reinforce the selection of their major. Ralph happened to be one of such student who was typically bothered by a sense of purposelessness, as he finished the high school. There was a side of him that eagerly desired to join college, as most of his friends were doing. But, there was also a facet of Ralph’s personality that wanted to spend some time sorting out his priorities and expectations from life. Luckily Ralph’s parents did not press him as he decided to take a year off after high school. Since long Ralph had been thinking of traveling to Spain. This gap year facilitated Ralph with the requisite time and opportunity. Ralph did some research on the social networking sites and joined a group of American gap year students visiting Spain. The six months that Ralph spent in Spain completely changed him. Ralph not only ended up becoming a more mature and independent person, but he also gained a reasonable level of proficiency in the Spanish language. In Spain Ralph learnt to appreciate cultural diversity and learned to get along with people from different cultures and