Business Management Discussion

You are applying for a position in your chosen career (please decide the type of position based on your career goals). You really want to impress your future boss with your knowledge of business because you realize that demonstrating that understanding will give you an advantage over the other applicants. You have studied the external business environments, the importance of demonstrating the value of the product or service, and the impact of supply and demand. If hired, you understand how each of those concepts will relate to the success of your potential company, and you feel prepared for your interview.

While the interview seems to be moving along at warp speed, you suddenly are asked the following question:

In this type of business, we are impacted by many external environments that can create challenges. Of the six external environments, which two do you see as creating challenges for this company, and how would you deal with those challenges if you were hired for this position?

Create an audio/sound recording of your response (.MP3, .wav, etc.). There are many methods for recording audio. Use the method you are already comfortable with. If you’ve never recorded audio, review the instructions here. If you have technical or computer issues that prevent you from recording audio, please connect with your faculty to discuss alternatives for completing this assignment.

In your recorded response, you realize it would be best to:

  1. Provide a brief description of this company and reference the type of position for which you are interviewing.
  2. Answer the question in a complete sentence, restating the question that you are about to answer.
  3. Answer the interviewer’s question with detailed information and example(s) to illustrate your total understanding of the environments and their impact on this business where you hope to be employed.