Tuesday, December 8, 2009

Class Wrap-Up Paper

I had not chosen a concentration before this class. In my mind, I was perhaps leaning towards marketing or accounting, but I'm still not sure what I want to concentrate in.

After this class, I have a couple ideas of what I want to concentrate in. A few of them are management and marketing. I am thinking about management because I like to lead, rather than follow. I also feel that it has a wide range of options for career choices and requires a higher level of analytic and planning skills than a couple of the other concentrations. I am also looking into marketing because I love the creative aspect. I think marketing would allow me more creative freedom as well as requiring interpersonal communication. I like interacting with people, which seems to play a significant role in marketing.

My mind hasn't changed from what I'd like to concentrate it. I've actually expanded my options for a concentration because I now know more about each individual concentration and have a better understanding of what would fit me best about a concentration.

I'm actually a little more worried about choosing a concentration. I have a very high interest in several of these concentrations, which makes deciding difficult. I would probably need to know what is not good about each concentration, rather than the great things each concentration offers. This would help me to weigh my options and find a concentration that's best for me.

The speakers were very helpful with providing information on their fields. It was good to hear a first hand account of how the concentration works and what the speaker really enjoys about their job. It was also good to have them so that I could ask questions and they would more than likely have the answer.

I think having business as a major is a very good choice for me. I enjoy most of aspects of business and I think it plays a huge role in the things I want to do in the future. Business seems to be a very foundational and beneficial major that I'm sure I will use throughout my life.

I would feel comfortable meeting with a Career Advisor. I feel that it would be beneficial in helping me decide on a concentration and perhaps what fields of business would best suit me. The Career Advisor would also more than likely know more careers than I do, which would open new options for my choices.

The information about what exactly every concentration does and how it interacts with the business world was extremely beneficial. I found this to be helpful because it showed me a preview of what my job could look like and what my responsibilities would be if I chose to go down that path as a career.

Tuesday, December 1, 2009

Business Publication #2

The Australian-http://www.theaustralian.com.au/radio-broadcasters-are-snapping-up-bargains/story-e6frg8zx-1225805513533- Radio Broadcasters are Snapping up Bargains-I thought it was interesting that the price of digital radio as gone down significantly due to the new inventions of digital technology and the bad economy. It was interesting that since the government got involved and presumable gave away about 80 percent of the digital spectrum to metropolitan radio broadcasters, it brought the overall value of the digital spectrum down significantly. The auction that took place to sells the digital radio spectrum, was the first of it's kind and the first time a value had been assigned. According to the article, in most cases, the value set was exceeded at the auction. Now the money that had been raised from the auction will be put to use to help increase the number of listeners.

Business Week-http://www.businessweek.com/investor/content/nov2009/pi20091130_268411.htm- MGM Mirage's High Stakes Gamble-Due to the recent drop in Las Vegas visitors, MGM's hotels have been struggling to survive. But, with the opening of a new hotel/shopping plaza/casino, MGM hopes their fate has turned for the better. MGM, however, struggles with a new debt that they have formed with their new CityCenter development. Some of their options that MGM is considering in order to escape this debt is taking out more loans, getting new investors, or selling some of their stock. Analyst have declared that the new CityCenter development will be a must see with it's uniqueness. They are predicting that it will help increase the visitors as well as eliminate some of the competition. But due to the rough times, condo prices for Las Vegas have been significantly cut in past few years since the development of CityCenter started. Investors are depending on this poor real estate market to help boost their hotel market. Analysts are also expecting travel to increase within the next two years or so which is a favorable condition for the newly opening hotels. Several projects around the CityCenter area have not been so favored, leaving them vacant and some unfinished. However, there are still those competitors who continue to expand and challenge CityCenter's new developments.

The Economist-http://www.economist.com/displayStory.cfm?story_id=14959982- A World of Hits-Analysts had once thought that since the Internet and other resources were becoming so popular in streaming media from the home, that the general major hits or blockbusters would suffer in music stores and cinemas. The very opposite happened, however. More and more it is found that audiences are gravitating towards popular hits or blockbusters, thus increasing the overall expected profit. Television shows, which were thought to go extinct due to online viewing, are still in high demand. One reason for this is the huge audience all at a certain time, which benefits advertising significantly. Less popular books and music, are being priced higher then top sellers, due to the highly devoted audience who would buy such rarely acknowledged publications. Though free online file-sharing has created a problem for the music industry, loyal listeners are still showing their enthusiasm by purchasing from online stores such as iTunes. This allows companies to focus on what single songs will make a greater profit. Overall, the opposite happened in the media industry than what had been predicted. The Internet and television movie streaming has actually helped the film industry as well as other media resources, allowing for a bounce-back from an economic crisis.

Sunday, November 8, 2009

Business Publication #1

BBC News- (http://news.bbc.co.uk/2/hi/business/8343179.stm)-Intel in threats and bribery suits- I found this article to be interesting because it shows what big businesses will do in order to stay ahead in today's tough economy. As the economy worsens, competition gets more severe and cut throat, and some don't play fairly. The Intel Company took matters into its own hands by bribing and intimidating consumers to purchase their products over their competitor's. Though this was a very unethical thing to do, I can see why Intel took those steps of precaution to save their own company. I thought it was interesting that Intel seemed to have done this to several companies, yet very few reported Intel's actions. This goes to show that it's not only Intel that's working to survive with the tough economy, even Intel's consumers were willing to accept the extra support in the economy. It was also interesting to see that Intel's influence went over country boarders. Not only is the USA's economy needing the extra help, but people around the world were willing to accept and comply to Intel's bribery. Though it wasn't the best way to get more consumer support, Intel was doing what they had to in order to compete with other microchip companies. I also thought it was interesting that one of the main reasons consumers were opposed to Intel's actions was not due to the fact it was illegal, but more because the consumers could have gotten a better deal elsewhere.

Denver Post- (http://hosted.ap.org/dynamic/stories/U/US_WALL_STREET_WEEK_AHEAD?SITE=CODEN&SECTION=HOME&TEMPLATE=DEFAULT) -Investors look to consumer for clues to recovery- I thought this article was interesting because it shows how businesses are looking less at government predictions as a source for basing their theories about the economy and spending. Instead, business are looking at the earning reports and the job market. The consumer's hesitant spending, especially approaching the holiday season, concerns businesses. Consumers worry about their jobs, which makes them more weary of spending their precious money in this bad economy. I found it interesting that there are thoughts of spending being very tight this holiday season, even though some consumers are thought to justify their spending. Wal-Mart also continues to be one of the biggest businesses due to its promise of low prices and good value. Even stores that were expensive and began losing business, regained that business after cutting their prices to be more competitive with the economy. Businesses have to adjust their perception towards consumers to reflect these new findings in the spending.

Forbes- (http://www.forbes.com/2009/11/06/hollywood-film-funding-business-entertainment-movies.html)- Bad Economy, Better Movies- I liked this article because it relates to the movie business to the economy. It also describes how the movie business is most likely to be better for the consumer, due to the fact that better movies will be produced because of the money shortage. The movie business is now more competitive due to the limited funds, making it harder for small films to even be considered for production. The article described the past couple years as Hollywood having a film 'bubble' that was bust due to the poor economy. The mass amount of produced films during that time were easily lost and discarded, but now films are more likely to be noticed because there are less being produced. Banks have also been impacted due to the film shortage. With less competition and less funding, banks are able to fund the specific movies they fill will make the most money and be the most productive instead of having to fun several movies that were more then likely to get lost with all the other films. I thought this article was interesting because it even mentions foreign influence and money. The film industry is starting to see money support from India, though other countries focus more on their own economic problems.

Sunday, October 25, 2009

About me/Concentrations

Part I
1. Andrea Ver Meer
2. Colorado Springs, Colorado
3. Newsom Dorm
4. Psychology, Intro to Literature, Business, History, Calculus
5. I have a job back in Colorado Springs with Front Range Equine Rescue. I am a barn assistant, attend auctions to rescue horses, manage their youtube and facebook accounts, plus help with other random chores. I work whenever I go home, but I don't have a job in Fort Collins.
6. I chose CSU because both of my brothers have either attended or are attending CSU. I've always just assumed that would be where I would go. When it came time to look into applying for colleges, I was still very indecisive about what I wanted to do with my future, so I just decided that since I knew CSU to be a school, I would attend until I figured out what I want to do with my life and transfer schools if need be. I still am very indecisive and have grown to love CSU, so I think that unless I change to something that CSU does not offer, this will continue to be my permanent school.
7. I chose business as a major because I don't know what I want to do with my life, but I know that business is the basis for many jobs and careers. I have several ideas about what I would like to do after college, and most of them would need some sort of business knowledge. My older brother is getting his MBA and he has told me many times how it has come in handy on several occasions. I also know that business graduates have a higher likelihood of getting a good job after college.
8. I actually haven't had free time until I came to college, as ironic as that is. All through high school, I was either spending my time going to school, working one of my three jobs, or attending 9 hours of dance class a week. But when I do have free time, I spend it taking pictures, watching a select few TV shows, or playing some musical instrument.
9. I don't know anyone in the class yet.
10. The only person I know slightly is my advisor.
11. I am very interested in study abroad. I've always loved to travel, but I've never really had the chance. I would love to experience a foreign country and the different culture. I sometimes feel that America is very isolated from other countries. I also feel that European cultures especially, which is where I'd like to go, have a simpler way of life that I would love to experience.
12. What's the best way to decide on a concentration when you're as indecisive as me and have such a wide range of interests?

Part II
1. I'm good at math and it's something I absolutely love. I have a very powerful creative side that I need to consider when choosing my concentration and career. I love to write, take pictures, play music, sing, and experience the 'artsy' lifestyle. One of my biggest fears of growing up and having a job is that I'll get bored or stay in one place too long. I have a hard time focusing on one thing that's consistent for very long. I was a lifeguard for a year and a half, and it nearly drove me crazy! On the other hand, I am very devoted and when I commit to something, I stick with it. I am very motivated and driven, most of the time. I also believe in experiencing as much of life as possible, so I like to change and try new things often. I love challenges, but not impossibilities. I believe in working hard for things and that the reward is greater when you have to work for it.

2.
Accounting-Some of the reasons I am considering accounting as my concentration is because I took an accounting class in high school and I really enjoyed it. I am also very good with numbers, so I think it would be a good fit. I am also not considering this as a concentration because I think it would be too much of a repetitive concentration for me. I like variety, and accounting doesn't usually have much. Most accountant, as far as I understand, end up behind a desk, which is one of my most dreaded ideas of a job. I would need to know more about what exactly accountants do, and what sort of jobs are open for them.

Management-I am very interested in management, just because I would rather lead then follow and I feel management would be an area that would be strongest for that. One of the reasons I wouldn't like this is because I usually have difficulty making decisions, unless there is no one else to make a decision and I feel confident in my knowledge of the options. I would need to know more about good management and what sort of careers it can be put into.

Marketing- Marketing would probably one of my highest interests as a concentration. I like the creative aspects of marketing and the problem solving. I also feel that this has more people interactions and I love communicating with people. It also seems to be a very diverse concentration with lots of options. I wouldn't consider this because it seems to be a more highly competitive career and very stressful. I would need to know more about how to get involved in marketing and career options.

Computer Information Systems- Though I use a computer frequently, I don't think computer information systems would be a good concentration for me. I would consider it because I think it's a field that will only be growing bigger as computers become more important in everyday lifestyles. I also think this knowledge is going to be in high demand as time continues. I wouldn't consider it because though I can check my facebook, I don't know much about computers nor do I have a huge interest in learning about them. I get rather lost when my engineering brother talks to me about computers. I would need to know more about what kind of jobs this concentration could lead into.

Finance- I would consider finance as a concentration because since I turned eleven I have been all about regulating my money sources. I'm good with numbers and good with the mathematical calculations it would require. I also think that it would be a concentration that would always be useful and in demand. I would not consider it because I feel it would be more involved with economics, which is not something I like very much. I would need to know more about how finance is used and what it relates to.

Real Estate- I would consider real estate because I would enjoy seeing different places. I also feel this would be something that would consist of lots of traveling and changing. I would also consider it because it involves a lot of people interaction. I would not consider this because it is more driven by selling, and I'm not a very good salesman. I also wouldn't consider this because it would depend upon economic conditions which are always changing. I would need to know the best way to succeed in this area and not end up losing time waiting for the economy.

3.
Jung Typology Assessment- My letters are ESTP. This is extroverted sensing thinking perceiving. The careers it suggests for me are sales representative, marketer, police, detective, paramedics, medical technicians, computer technicians, entrepreneurs, comedians, agents, race car drivers, firefighters, military, loan sharks, con men, auditors, carpenters, craft workers, farmers, laborers, service workers, and transportation operators. Some of these jobs I think would be kind of fun, but I would probably never really consider. The description of the personality fits me very well, though. The way the analysis describes the ESTP personality is close to how I would describe myself. It didn't help me much with my concentration because it mostly told me a lot of what I already knew.

Princeton Career Quiz- My colors are blue and green. Some of the suggested careers that I would be interested in are actor, artist, editor, film director, journalist, musician, photographer, psychologist, book publishing professional, writer, and digital artist. I would love to have any of these jobs. I think they are exactly like me. This analysis was very close to what I think of myself, as well. Though it also doesn't help me with a concentration, just summarizes what I already thought.

Tuesday, October 20, 2009

My WHY factor

The reason I am in college is because I have high aspirations for my future. Most of my goals in life require a college degree at the minimum and I strive to achieve these goals. All members of my family, aside from my younger sister, have attained more then four years of college education and both my parents have multiple degrees. I feel that getting a college education is important in knowing many of the opportunities life has to offer as well as helping to jump start me towards my goals. I believe that since I'm going to pay for college, and be here, I should make the most of everything. This includes getting good grades, making new friends, discovering new ideas and philosophies and many other aspects to life. I enjoy some of my classes more then others, and I know that in order to continue in the classes I love, I must do my best in the classes I don't care for. I want to be a well-rounded individual and that means experiencing things that will set me outside my comfort zone and learning new things. I have awesome role models in my life when it comes to college, and I aspire to be able to say that I achieved something by going to college and bettered my life by giving all of my classes a 100%. This is WHY I came to college and this is why I work so hard while I'm here.