Wednesday, December 9, 2009

Class Wrap-up Paper

Before I took this class, I wasn't positive about what concentration I wanted to be in, but I was interested in real estate and management. Those interested me mainly because I am very independent and a good leader. I felt like both concentrations would allow me to progress individually because of both of those qualities respectively.

I changed my mind about concentrations in that I don't think management is really for me. What made me really consider real estate as my concentration was the real estate speaker Dr. Laposa. I thought his educational background and career path, which included a lot of travel, were very intriguing and similar to what I want to do, which is things that interest me and expose me to other people and cultures. I decided management wasn't for me mainly because even though I'm a good leader, I realized that I am too fiercely independent to control a group of people whose work reflects upon mine, regardless of how hard successful I am as an individual.

I'm much less worried about choosing a concentration because I know which ones fit my personality and interests now. Before taking this class I didn't really know enough about each concentration to really decide which one was for me. The only thing I need to do in order to choose a single concentration is check out the coursework which they entail.

I thought that the speakers were definitely helpful because they gave good information about their fields and didn't just talk about themselves and their specific careers.

Though I'm not officially a business major because I haven't met the requirements to change yet, I know that business is definitely a field I am interested in and could excel in. When I first got to BUS 100 I wasn't entirely sure about that.

I would most definitely be comfortable with meeting with a career advisor because I'm sure that any information they could or would give me would be helpful to me, whether it had to do with school, internships, or careers. I would definitely benefit from such information, especially help with resumes and internships.

The most useful information I received in BUS 100 was the importance of work experience, internships, and networking. I never realized how extremely important it is in the business world to gain job experience early on, not only to get acquainted with the business world, but to gain the necessary skills and connections for a successful future career.

Wednesday, December 2, 2009

Business Publication Assignment #2

BBC- “Google to limit free news access”
http://news.bbc.co.uk/2/hi/business/8389896.stm

The media war between internet and newspaper has intrigued me for awhile, mainly because I would rather read the newspaper than an article on the internet any day. This article described how the websites of newspapers that usually charge for access to their online articles are accessible to users free of charge via Google, which has agreed to use a program that pulls up subscription sites after five clicks. I thought this was very interesting because I completely agree with Rupert Murdoch of Newscorp, who believes sites such as Google profits from its online journalism links. I think newspapers shouldn't have to struggle any more than they already do thanks to the internet and that it's appropriate for users to have to purchase access to their content.

BusinessWeek- "Study: Computers Don't Save Hospitals Money"
http://www.businessweek.com/technology/content/nov2009/tc20091130_048605.htm?chan=rss_topStories_ssi_5

I found this article very interesting because I've thought a lot about the opportunity costs of hospitals and businesses converting to solely computerized record keeping. While my thoughts about such changes were more apocalyptic, such as, "What happens when a major computer crash occurs and medical records are lost forever?," this article did present me with facts that show the returns on such changes are not as beneficial as people have touted them to be. The research done by the Harvard Medical School team showed that only a few out of 4,000 researched hospitals showed profits from computerization, because mainly the software is written for administrators instead of the clinicians. While I did lose my paper medical records in Katrina, which can't be replaced, I still am hesitant as to whether or not we should solely depend on computers to store such important information. The findings of the study further confused me on what to do about health care reform also, because they almost completely contradicted the claims of profitability of computerization that its supports have presented.


The Australian- “Luxury cars, boats, and houses back on the agenda as super rich loosen their purse strings”
http://www.theaustralian.com.au/business/news/luxury-cars-boats-and-houses-back-on-the-agenda-as-super-rich-loosen-the-purse-strings/story-e6frg90o-1225806417924

I thought that this article perfectly described everything I despise about the wealthy. Its description of the various purchases that millionaires and beyond have made in this recession almost disgusts me. While it did say that the super rich have lost the most, as Marc Cohen stated, "if you've got a few hundred million, and have lost a sizable chunk, then you have still got a few hundred million." I thought it interesting yet odd that the article would almost praise the recovering luxury markets while the regular population is still suffering through the recession. Maybe it's just my disdain for frivolous buys but this article irked me!