Question 1-whats your opinion to about MBA distance learning program , this time I couldnt wait 2 yrs to complete an MBA then searching for job , I want to study with applying ? so if I ll take this path I ll find a job in any engineering consulting service company as entry level if I ll satisfy I ll take an MBA even if distance learning or anything else , whats your opinion also ?
2-is my abilities & skills & desire to
- stratgic planning
- innovation
- creation
- analysis
- working with data
- diverstiy & varities of issue
- diversity in many knowledge & business issues
to do my own business ????????????????????????
3- is doing small business even if simple project need business planning for instance ( Importing ear muff & defender for well know company in USA or china or being their agent) - ( or being an agent or franchise for fiber optical service for well know multinational company) or I may suffice with fesability studies only ?
4- when I do any work plan for any sort of business I often brake in a same step which is collecting information about your market for instance ( if I want to import product , my problem to research is their anyother competitors if yes what about their work , volume
noticed that , I did internet research some personal investigating , also ask people in the field but I obtain few info , to do market research from well known company it ll cost too much
please comment , suggest
5- can you tell me from your point of view if someone has good theoritical information about some engineer issues , illustrations , ideas , vision beside lot of business info specially in business managment , international business(import/export , franchise) , marketing , investmet basic , economy basic
A- which positions can collect between the two knowledge ?
B- is that good basis to start a small business after choosing market niche ?
wish to hear from you soon
thanks
Answer AJ,
1-whats your opinion to about MBA distance learning program , this time I couldnt wait 2 yrs to complete an MBA then searching for job , I want to study with applying ? so if I ll take this path I ll find a job in any engineering consulting service company as entry level if I ll satisfy I ll take an MBA even if distance learning or anything else , whats your opinion also ?
MY PERSONAL OPINION ABOUT MBA [DISTANCE LEARNING]
-it is useful.
-but you need to work twice harder
-due to the lack of interaction, you need some tuition or mentoring
in some subjects.
-you must put into use every piece of knowledge/ skill to gain
the benefits.
-the books supplied with the course are sometimes below the
standard of regular MBA.
-the employers generally do not treat MBA dist
equal to MBA full time.
==================================
2-is my abilities & skills & desire to
- stratgic planning
- innovation
- creation
- analysis
- working with data
- diverstiy & varities of issue
- diversity in many knowledge & business issues
to do my own business ????????????????????????
YES, YOU CAN.
BUT TWO MORE THINGS ARE REQUIRED
1.FINANCE.
2.TAKING RISK.
HERE, KNOWLEDGE/ SKILLS ALONE ARE NOT SUFFICIENT.
================================================
3- is doing small business even if simple project need business planning for instance ( Importing ear muff & defender for well know company in USA or china or being their agent) - ( or being an agent or franchise for fiber optical service for well know multinational company) or I may suffice with fesability studies only ?
FEASIBILITY STUDIES ARE INDICATORS ONLY AND DO PRESENT
THE FULL PICTURE.
BUSINESS PLAN PRESENTS FULL PICTURE, INCLUDES
-market
-marketing
-organization
-finance
*balance sheet
*cash flow
*profit and loss
etc.
THE BANKS/ SUPPLIERS ETC WOULD ASK
FOR THE COPY OF BUSINESS/ MARKETING PLAN.
============================================
4- when I do any work plan for any sort of business I often brake in a same step which is collecting information about your market for instance ( if I want to import product , my problem to research is their anyother competitors if yes what about their work , volume
noticed that , I did internet research some personal investigating , also ask people in the field but I obtain few info , to do market research from well known company it ll cost too much
please comment , suggest
COLLECTING DATA OF ANY KIND IS EXPENSIVE.
1.If you collect information, on your own, the companies may not
provide , as you lack creditation.
You have to join the market research association for creditation.
or
You have to buy off the market research firms.
=====================================================
5- can you tell me from your point of view if someone has good theoritical information about some engineer issues , illustrations , ideas , vision beside lot of business info specially in business managment , international business(import/export , franchise) , marketing , investmet basic , economy basic
A- which positions can collect between the two knowledge ?
IF YOU HAVE LEANING TOWARDS MARKETING,
YOU WILL GO FOR '' MARKETING MANAGEMENT'' POSITIONS.
---------------------------------------------
IF YOU HAVE LEANING TOWARDS OPERATION,
YOU WILL GO FOR '' OPERATION MANAGEMENT'' POSITIONS.
-------------------------------------------
IF YOU HAVE LEANING TOWARDS OWNING/ MANAGING,
YOU WILL GO FOR '' BUSINESS MANAGEMENT'' POSITIONS.
--===========================================
B- is that good basis to start a small business after choosing market niche ?
IT IS AN USEFUL BASIS ,
BUT AS I INDICATED EARLIER, YOU WILL FACE
THE '' RISK'' PRESSURE.
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REGARDS
LEO LINGHAM
