Personal statement Essay Example | Topics and Well Written Essays - 500 words - 26

Personal statement - Essay Example Without it the resources of production remain resources and never become production† (p.147). This proves that management is a crucial activity for the welfare of a business. This is probably one of the reasons why I have chosen business management as the subject in university. I also believe that business management is a vast topic and is applicable to every sphere of business. I have always found business management to be an interesting subject for its scope and range. In the early days of my academic career, I never thought of making business management as a profession, but as soon I become aware of the concept I did not give a second thought and decided to pursue a career in this domain. The interest further grew when I started to oversee our family business which was initiated by my father long back. I have personally experienced the role played by business management in driving our firm towards success. The incident happened 3 years back when our family business was not doing well and for consecutive 3 months, we suffered hefty monetary losses. At this point of time my father stepped in as a manager, despite being the owner. I have seen him to appl y all the concepts of management such as planning, controlling, motivating and administering in the business to identify and rectify the root causes. As a result of the application of the management concepts, our business again became organized and started to earn profits. This episode has really fostered me to believe in business management as a profession in the future. The high school learning has helped me to identify the advantages and disadvantages of this subject, yet I always felt that I need to learn more about the subject. This eagerness to learn the subject still drives me and is one of the major factors that encouraged me to apply business and management course in the university. I believe that my work experience as an