I’m a Health Science Major looking into healthcare management. I’ve already delved deep into the depths of the healthcare part of it but when it comes to management, I’ve barely even tested the waters. This is my first business class, and throughout the semester, I’ve been learning exactly what business is and how it applies to the big picture that is both the real world and the world.
To borrow a high school essay cliche, business is defined in the dictionary as “the practice of making one’s living through commerce.” And that’s pretty much how my professor introduced it to the class. But as the semester continued, we began to learn the intricacies of this practice and its components. Economics, entrepreneurship, finances, the list goes on and on. We’ve also kept track of past and current events and learned the business-related implications behind them. With every lecture and test and homework assignment, I slowly began to realize that business isn’t simply an analysis of money or contracts. It truly is, at its core, a close study of just about every aspect of the world around us. Things like the aftermath of Hurricane Katrina and the occupation of Crimea by Russia have business behind them that affect or are affected by the given situation. I never would have stopped to think about how groups like Cirque du Soleil paid such close attention to their hiring trends and their competitors!
I feel that it’s through business that I’ve come to have a better understanding of the world and how it works. Much like the factories that produce everyday goods and services or the janitors that clean public facilities at night, business and companies are constantly working to make sure that the world and everything in is running efficiently, and does everything in its power to solve any unforeseen problems. To understand business is to understand how the world works.