Business Self-Reflection Essay


The business field is one of the most important and influential sectors in the world today for it dictates the employment levels, production of goods and services, and the status of the society. In this business self-reflection essay, it is important to understand business practices and theories, as well as factors that influence the operations of a business, including the demographic factors of the clients, tastes and preferences of the consumers, and technology. Most importantly, it is critical for business students to understand all these issues as this reflective study shows.

Changing theories and practices in business and their potential, positive impact on society

Theories are important for guiding the conception, growth, and development of businesses as well as ideas. Through the various stringent measures, limitations and working scope, a theory is sufficiently able to guide a business towards achieving its greatest potential. In addition, these presumptions define the moral standards, compliance expectations, transparency, fairness in terms of operation ground and equal opportunities to the different players in the business industry. Theories often lead to the development of practices and business cultures that guide the day-to-day operations of business environments (FairTrade International, 2015). Ultimately, this leads to a production culture that is not only profit driven but also society and environment mindful, thereby ensuring that all the parties involved in the business activities benefit from the venture directly or indirectly.

Importance of theory in forming the foundation of scholarly inquiry

Some of the benefits and importance of theories and practices in business include protecting the interests of the different participants in business and production processes from employers to the producers of raw material as well as the consumers and the environment. In addition, theories and practices serve as guidelines for the business to follow to ensure that their operations do not affect the society negatively. Issues of pollution, marginalization, globalization, technology, as well as giving back to the society are often sensitive subjects related to business that can only be addressed by adequate theories and practices to ensure that there are no conflicts of interest that can affect the operations of a business (FairTrade International, 2015).

One of the business theories includes the Theory of Change that is the backbone for developing strategies for dealing with particular unfair trade issues. Such a theory has eventually led to FairTrade Theory of Change used by Fairtrade International to improve and streamline the FairTrade Monitoring, Evaluation, and Learning (MEL) system. It deals with a wider scope of FairTrade issues such as interventions with interests in changes in the short and long-term period. As such, it is a framework used to find the best indicators and metrics for FairTrade results and progress in line with its goals (FairTrade International, 2015). The different strategies used by FairTrade aim to analyze causes of unfair trade and best approaches to change such trends. It aims at improving trading activities across continents including Latin America, Africa, Asia, and the Caribbean.

How business leaders can address cultural differences and change in the twenty-first century

Many factors drive Business in the 21st century, mainly globalization and technology. As such, the business dynamics have greatly diversified forcing business ventures to readjust to fit into the new dimensions the market is taking. Cultural differences are largely attributed to primary, secondary, and tertiary dimensions. The primary dimensions include race, age, ethnicity, gender, and disability. Secondary dimensions include education, religion, sexual orientation, economic status, culture, thinking style, family status, geographic origin, lifestyle, work experience, political orientation, language, and nationality while the tertiary one includes beliefs, group norms, assumptions, values, perceptions, feelings, and attitudes. The cultural diversity can serve to improve a company’s production and consumption if well tapped into though it can also lead to negative consequences to a company if not well-managed (Rijamampinina & Carmichael, 2005).

Such differences mean that companies have to come up with new better ways of factoring in diversity in their production as this ultimately improves their productivity while also giving them a competitive edge. Effective management values diversity as a driver of production at both the employee level as well as the consumer one. Managers and organizations have the challenge of constructively utilizing the cultural diversity at the work place to maximize production and meet organizational goals while also factoring this into the production process and products channeled out into the market (Mazur & Białostocka, 2010). Diversity means variety in demand, which is why organizations should focus their efforts towards producing a variety of goods and services that suit the needs of each group with their specific cultures. Furthermore, when organizations venture into diversifying production, the organization has a competitive edge over its rivals in terms of gaining acceptance in the society.

Business leaders can also make sure that their organizations and productions prosper by investing in building an all-inclusive media image that appeals to all the different cultures and people. Marginalization often occurs in cases where certain groups feel that they are not included or factored in in the production process of a company. In addition, an organization has the challenge of finding out the tastes and preferences of the different groups and cultures and making products and services that specifically appeal to such groups (Mazur & Białostocka, 2010). Such demands mean business leaders have to adopt a flexible approach concerning production and more market assessment to understand the nature of their clients. The approach ensures that they do not waste their effort, time, and resources in producing products that are unacceptable because the consumers do not disapprove of them, and this allows them to save on these important factors.

Describe a trend in business research and the potential positive impact on society.

One of the current trends in business is outsourcing, which came into being because of the need to stay competitive through diversification of responsibilities. Companies are avoiding the idea of taking on all responsibilities by delegating other elements of their production process to focus on the areas of their strength that they are comfortable with. Businesses have over time recognized that they cannot do it all by themselves, at least not excellently. As such, new theories and concepts are emphasizing on the idea of focusing on core areas of a business such as value addition (Hernaus, 2011). Secondary activities that are not the main areas of production that cannot in any way give the company its competitive edge are instead delegated or rather outsourced to outside partners, which gives other organizations opportunities to partner on joint ventures as well as develop business networks that benefit all the parties involved.

Such a trend is beneficial to not only the organization but also the society from two points of view. One is that it provides sustainability and, in a way, provides social responsibility among businesses. The sustainability is through the fact that outsourcing allows for specialization, reduces competition, and ensures long-term survival of organizations. On the other hand, it also ensures that organizations share ideas on ways to maximize the sales of their products, thereby guaranteeing their survival even with a lot of competition (Hernaus, 2011). Social responsibility is because the outsourcing process ensures that many people are employed at a given time. As such, the community is able to benefit from the co-existence of such setups and networks. In cases of international organization such as Multinational Corporations, outsourcing ensures that the locals not only consume their products but also benefit from them by getting jobs.
Compare and contrast the consumption of knowledge with the creation of knowledge.
Address the differences in consuming and creating knowledge, and explain how you will or may contribute to business knowledge in the twenty-first century.

Knowledge creation and consumption are critical aspects of business that cannot be ignored if a business is to thrive (Langlois, 2001). Ultimately, the concept of knowledge management immediately comes in since everyone appreciates that knowledge is available and accessible. On the other hand, using it correctly and appropriately is what distinguishes between those who benefit from the power knowledge offers and those that do not. Knowledge management easily determines the economic progress of the many states across the world since it informs the management on the approaches and decisions they make about a business. Since its start, the internet has availed knowledge that is readily accessible for the businesses, which has made knowledge creation easy. On the other hand, knowledge consumption has also been made easy by these new strategies as well.

However, there is a need to ensure that the knowledge acquired is managed well for the best results in business. Knowledge management has been largely beneficial to businesses that have learned how to use new information availed to them effectively. Knowledge of markets, trends, and technological advancements are readily accessible over the internet making it easy for businesses to keep up with the latest data to help them strategize (Langlois, 2001). It also allows them to adjust easily to catch up with their competitors, which is important in remaining relevant in the highly competitive environment today. Access to information has allowed multinational corporations to learn about new markets where their products can thrive, which helps them to plan before investing there.

Impact of technology on businesses in the twenty-first century

Technology is widely seen as the key behind the success of business in the twenty-first century, however, it is not without a fair share of challenges. Technology and internet have largely contributed to globalization, thereby making the world seem like a small village. This has led to the development of businesses that are able to run across boundaries (Langlois, 2001). Online transactions, the ability to move across continents within hours, and access to the latest technology has made it possible for businesses to grow exponentially and produce more than was initially possible. On the other hand, this has led to issues of monopoly with multinational corporations taking over world markets at the cost of the small business struggling to take off. Such trends have led to hostile treatment of organizations and stagnation of local economies unable to promote their own production and local products, which has been very consequential to some communities.

Businesses have also overtime heavily depended on technology for production and distribution of merchandize. As a result, the human resource is gradually being faced out thereby rendering many people jobless, which is a possible catastrophe in the making. Companies are dropping human resource that is expensive and replacing it with technology that is cheaper and much more convenient. Technology allows businesses to work longer because unlike people who get tired, technological systems do not and can operate for many hours continuously. In addition, the chances of human error are minimal, which is a great advantage to organizations. The result is a continued number of unemployed people who are left stranded, and may decide to engage in unwarranted activities in the quest to make a living.


For this course, the expectation is to learn the different business approaches and strategies that explain the changes in the business environment today. This requires an individual to work towards understanding the business environment overtime to understand the way the different tools and factors such as competition, globalization, and technology among others affect the operations of businesses. At the end of the course, it is clear that a person will have a better understanding of the complex matrix that makes up the business environment and how each cause contributes to business. This is by looking at all the components involved, understanding how they relate to business activities and how they influence each other in terms of their contribution. From the learning experience, so far it is clear that the business world is unique in its own ways and many factors influence the success or failure of an organization. This knowledge is important as it sets a foundation to understand the business concepts taught in the advanced levels better.


Tired of Guidelines or Lack Time to Work on Your Paper, Get Original Custom Research Paper Writing Service

Thecustomwriting.com research paper writing service has saved thousands of students from stressful college life. Writing a custom research paper may be challenging, considering it has to be plagiarism-free. And it is better not to do your project than to hand in plagiarized work or hurriedly complete it if you do not have time.

Academic integrity is so vital that you may get a suspension or an expulsion because of a copy-pasted work. Writing a custom research paper requires research and writing skills to produce original content. Here are essential things to know about getting the best and legit assignments help websites.

Perfection is vital

Every website will promise you that they produce high-quality work. However, you put your money for your end-of-semester paper only to get a pass. You must learn how to identify the best writing service before committing.

Thecustomwriting.com produces quality content at all times. Rather than a quality promise, quality assurance is what you should consider before hiring a research writer. Best writing services are reliable. You don't want to partner with a cheap research paper writing service that will deliver poorly written essays hours after the due date.

Quality writers are part of the best writing service. A company that has untrained writers will fail you. Before committing, ensure that the people who will write your paper are academicians and professionals. It would help if you had a writer who will be prompt to respond to your questions and follow instructions. Writers who do not fear to ask for clarification where they don't understand are the best for you.

Beware of Scammers Posing to Provide Custom Research Paper Writing Service

It may take time and effort to find a legit custom research paper writing service. Most of the websites claiming to offer writing service trades your paper with another student. For example, if you order your paper today to submit it next week, you may find that another student has already handed over the same document.

Your money is gone, you have no paper to submit, and the deadline is in two hours. You can only sit and cook up some stories for your lecturer. Otherwise, wait for a penalty or suspension.

Others will give you half-baked papers in the name of cheap essays. Apart from reselling your paper, some companies will offer you copy-pasted work. If you don't have tools such as Turnitin or Copyscape to check plagiarism, you may find yourself in the dean's office explaining why you copied your work from the internet word-to-word.

We offer one of the best research paper writing services in the USA and the U.K.

You won’t regret choosing Thecustomwriting.com to handle your research. Your project is an essential part of your academic work. It determines whether you will move on to the next semester or if your name will appear on the graduation list. Do not gamble your education by hiring any cheap essay writing website you find on the internet. Look for a custom research paper writing service reviews before commit.

Avoid scandals by hiring Thecustomwriting.com. Count yourself lucky if you are reading this article. You are in the right direction in finding the writing service for your paper. Though many websites could have frustrated you, Thecustomwriting.com is committed to providing you with reliable service for your paper.

Thecustomwriting.com offers quality services at affordable prices, and they deliver your work on time. They have native English writers that write your paper using the correct language.

Plagiarism Free Custom Research Paper Writing Service

Our writers understand the seriousness of writing plagiarized papers. Every institution has regulations that govern how a research project is conducted. Universities and colleges take plagiarism as gross misconduct. The best writing services are those that will deliver plagiarism-free papers.

Plagiarism involves, among others, copying a published work and delivering it to your lecturer as your own without acknowledging the sources.

Another way your work can be plagiarized is the failure to include the source of your content in a research paper. If you are using someone's thought, you need to include a reference and in-text citations to show that you are using another scholars' worker.

It's a gross mistake to write a five-page paper without a single source unless the paper's nature does not require you to rely on any sources. Here are some tips our writers use to avoid accidental plagiarism:

  • Cite direct quotes, statistics, and paraphrased content.
  • Ensure that all in-text citations are included in the biography and vice versa.
  • Directly quoting not more than 2% of the paper, if quoting is necessary (some papers are exempted from this rule, especially literature).
  • Stick to high authority, scholarly sources. Our writers will hardly paraphrase content from third party blogs and other questionable sites.
  • Consider Buying A Custom Research Paper from Thecustomwriting.Com

    Consider hiring an expert essay writer if you are not sure about your capabilities. Referencing and citations can be challenging, especially if you try to do it for the first time. It's even harder when your lecturer asks you to use a hard referencing style. For example, Harvard requires you to include page numbers, dates, and the author's name in the text. If you have several papers with a strict deadline, you should consider hiring a custom research paper writing service to help you work on your essays.

    However, ensure the website you want to hire offers legit writing service. A good website should at least charge for its services. You will find many websites willing to provide you with free services. No one is that idle to sit and write a paper for free. Sites that provide free or cheap services hooks you when you least expect.

    Also, consider the price of writing a paper. Though cheap essays are of low quality, other sites may have inflated prices for their rate, making you needlessly break your bank.

    Thecustomwriting.com understands the need for a fair and reasonable price for most students. We know that most students need service, but they do not have enough resources. We, therefore, offer quality service that you can afford.

    Benefits of using custom research paper writing service

    If this is your first time considering using a custom writing service, the first thing is to know why taking such an action is the best. Choosing Thecustomwriting.com ensures professional writers handle your paper. Letting a qualified person handle your project can boost your grade. You cannot afford to fail in the upcoming end-of-semester project. In any case, your progress to the next level will be determined by how well you perform in your essay.

    Thecustomwriting.com ensures the timely delivery of your work. The good thing about legit essay writers is that they can write your essay within the shortest time possible, with one page taking up to one hour at most. It doesn't matter what time you want your work done: Thecustomwriting.com is always ready for a task.

    We will give you a paper written explicitly for you. We will ensure that your paper is not delivered to someone else.

    Come to think of this; if five of your classmates decide to order an essay for the same class, five writers will be assigned to work on different papers instead of paraphrasing one paper and sending it to five of you.

    Frequently Asked Questions (FAQ)

    Do subject specialist writers handle my research paper?

    It's our responsibility to ensure that someone from your field handles your paper. Our company has enough writers from every discipline. We provide only a research writer qualified in your subject to handle your paper. After placing an order, the first step is to screen the question and requirement and match it with the best writer. The less qualified writer has a college diploma, and they only handle high school papers. All other writers are bachelor, masters, and PhD degree holders.

    Are your researchers qualified enough to know the core of the research?

    We commit to quality content. We understand that failure to deliver quality service will result in the loss of clients. Therefore, we only hire qualified writers who have an in-depth understanding of your paper. Whether you want quantitative research done using Chi-square or qualitative research, Thecustomwriting.com’s writers will comfortably handle any discipline or type of paper. Besides, we offer research paper service from college to PhD. Therefore, we cannot afford to have unqualified writers. Our researchers take every instruction keenly when writing your essay.

    Should I worry about order placement?

    There is nothing to worry about placing your order. Our platform has a simple, user-friendly interface that enables you to navigate to different functionalities with ease. We offer quality custom research paper writing services; thus, you don't have to worry about getting value for your money. Besides, you can track your order's progress. Our system progressively send you email notifications regarding every stage of your orders' progress; thus, you don't even have to log in to track down your order. You will also see the progress on the dashboard when you log in. Moreover, our support team will contact you when the writer needs any clarification.

    Can I have direct communication with the writer after the order placement?

    Our system is designed in such a way that it allows you to communicate with your writer directly. We understand the need to clarify things yourself to the writer. Furthermore, our support team is available 24 hours to ensure that urgent matters are communicated swiftly with the writer.

    Will I get any discount on recommendation?

    The answer is yes. We value your efforts and trust to recommend us to your friends. We will offer you a discount on your next order if a client mentions your email when placing an order.

    What guarantees should customers look for?

    We have a written list of what we guarantee our clients in our terms. We guarantee the quality, confidentiality, free revision, original content, and timely delivery. We also guarantee money-back if, in the unlikely event, you are not happy with the quality of the paper.

    What makes a reliable writing company?

    It's easy to know a reputable company. First, they are transparent about their services. They offer multiple methods of communication and have qualified writers. Most importantly, they deliver your work on time, deliver original content, and honour what they have guaranteed.

    Why should customers not opt for cheap essay writing services?

    Cheap essay services will only waste your time. They have foreign writers who will produce plagiarized content full of grammar errors. You will waste your precious time waiting for a paper that you can't give your lecturer.

    Is buying essays online safe?

    It's safe to buy your essay if you take the right precaution. Before putting your money on a strange site, explore the website to see whether you will get customer reviews. They will help you make the right decision.

    How do I hire someone to write an essay for me?

    These are common questions with most clients. It's effortless to get a professional writer. The first step is to identify a custom research paper writing service that is legit and sign up. After that, they will guide you on how to place your order and get a writer. Some companies will allow you to choose a writer for yourself or choose a writer for you.

    What types of writing services can I order online?

    Our website offers a variety of legit essay services. We provide any academic assistance, including research projects, assignments, and admission letters. Visit our website to see what each service entails.

    What benefits and additional features do Thecustomwriting.com services offer?

    We offer several free services to our customers. We offer free revision, a discount on your first order, and free pages such as references and cover pages. Also, we have a quality control department that ensures that all papers are of high quality before delivering them to you.

    Do websites maintain your privacy? Are orders secured?

    Your privacy is our top priority. You will be recognized by your I.D. assigned to you after signup instead of your name. The only person who can access your account is you or anyone else you give your password. Your payment is through a third party. Therefore, your personal information will never reach our site without your consent.

    What are the pros of ordering from custom writing services?

    You get quality papers. We have writers with decades of experience delivering quality papers worth the client's money and much more. We understand your power to influence our progress. Your paper will be delivered on time and written by professional writers.

    Hire a professional writer

    Now that you know what to look for when considering the custom research paper writing services, it's time to try us. Sign up and get a discount on your first order. You don't have to worry about quality, timely delivery, and price. We know they are essential to you.

    Calculate your order
    Pages (275 words)
    Standard price: $0.00
    Client Reviews
    Our Guarantees
    100% Confidentiality
    Information about customers is confidential and never disclosed to third parties.
    Original Writing
    We complete all papers from scratch. You can get a plagiarism report.
    Timely Delivery
    No missed deadlines – 97% of assignments are completed in time.
    Money Back
    If you're confident that a writer didn't follow your order details, ask for a refund.

    Calculate the price of your order

    You will get a personal manager and a discount.
    We'll send you the first draft for approval by at
    Total price:
    Power up Your Academic Success with the
    Team of Professionals. We’ve Got Your Back.
    Power up Your Study Success with Experts We’ve Got Your Back.