Nowadays, business plays a very important role in almost each sphere of life, and the citizen of any country becomes an integral participant of business science. The changes, which happen in our world, touch business science and require certain improvements and shifts almost every day. This is why business as a maturing science demands more attention to the skills and practices of people, who have an immediate influence to this sphere.
Business feels considerable pressure because only really sophisticated graduates get a chance to find a good job; in spite of the fact that business gets benefits due to technological progress and people participation in computerization, the requirement for graduates create numerous dangers to business development: inability to get necessary practice, troubles with checking own experience, and high demands of employers.
Our world has flattened considerably within a short period of time, and the development of technologies provide people with a chance to reduce own efforts and to get more benefits[1].[2] Technological development requires business and its practices to become more scientific, and this very requirement leads to numerous benefits and challenges within the sphere of business simultaneously.
First of all, business as a science undergoes certain improvements with its management, because good management with good manufacturing and production is the ground number one for the development of successful business. With the help of technological progress, people may concentrate on such points like healthcare system, personnel communication, and environmental conditions. This technological breakthrough creates new conditions for people to get their jobs.
Students have to concentrate on both studying the concepts of the chosen business sphere and studying computing activities, which are indispensible in business. As a result, students, who chose business as their major, become educative in two disciplines business and computing. This requirement is one of the major benefits, resulting from scientific business practice.
Secondly, business as a science creates clear conditions, under which people’s employment takes place. The financial side of education always creates numerous challenges as for students as well as for their further employers. Education in many developing countries costs much money,[3] and some people face considerable difficulties to pay for their education.[4]
Rich students can study easily, pay money, and get necessary grades. And those students, who want to gain recognition in the sphere of business, have to pass numerous tests and competitions in order to get necessary resident tuition and continue studying.
This is the first reason of why businesses feel difficulties to find out graduates, who have high level of knowledge and really comprehend the material. If a person finishes his/her studying process, it does not actually mean that this person is an expert in business science. It only means that a person gets some general information about business and is ready to use this knowledge at practice.
Taking into consideration this fact, employers cannot be sure about the rational development of business strategies, because they have to work on improving their tactics, explain everything to the chosen graduates, and discover how superior graduates’ skills may be. In general, the inability of graduates to demonstrate their skills and knowledge after they leave universities and the necessity to train these graduates create a difficulty and a kind of pressure for numerous businesses.
Finally, the definition of business admits that successful business has to consider three major rules[5]: to present good organization, to meet all kinds of needs, and to earn profits.[6] These three points should also have some connection to business ethics, important moral standard[7], and the concept of fairness.[8]
Comprehension of moral standard and values of business ethics and simultaneous attitude to business as a developing science makes many people become confused and fail to work rationally. The dangers of businesses failures lead to loss of benefits, inability to control own positions, and difficulties to develop necessary communication.
Technological breakthrough may distract businessmen from all these moral duties, and people just simply forget about the concepts of fairness and honesty. Their activities have only one direction – to comprehend how this or that technology may improve the current development of events and what further innovation may improve their work and help to achieve higher results within the business sphere.
The benefits, which come from the fact that business practice becomes more scientific, are all about connection of computing to business development. People have to pay more attention to their technological skills and software awareness; people have to spend more money to gain understanding of computing technologies and activities. This is why benefits and difficulties within the sphere of business have the closest connection ever.
Businesses feel considerable pressure while employing graduates, because now they have to deal with not only business professionals but also with computing technologies, who are able to develop business tactics and strategies by means of technologies and software. Business practices becomes more eventful and interesting, and in spite of the fact that numerous dangers and challenges appear, they actually motivate people to develop, to study, to enlarge their knowledge, and to improve skills.
Works Cited
- Friedman, Thomas, “It’s a Flat World, After All!” The New York Times, 2005, para.12
- Friedman, Thomas, “It’s a Flat World, After All!” The New York Times, 2005, para.12
- Talbott, William, “Which Rights Should Be Universal?” Oxford University Press, New York, 2005, page 179.
- Talbott, William, “Which Rights Should Be Universal?” Oxford University Press, New York, 2005, page 179.
- Pride, William, M., Hughes, Robert, J., and Kapoor, Jack, R. “Business,” Cengage Learning, Mason, OH, 2008, page 9
- Pride, William, M., Hughes, Robert, J., and Kapoor, Jack, R. “Business,” Cengage Learning, Mason, OH, 2008, page 9.
- Jennings, Marianne, M. “Business: Its Legal, Ethical, and Global Environment,” West Legal Studies in Business, Mason, OH, 2006, page 38.
- Jennings, Marianne, M. “Business: Its Legal, Ethical, and Global Environment,” West Legal Studies in Business, Mason, OH, 2006, page 38.