{"id":1677,"date":"2015-04-21T19:01:22","date_gmt":"2015-04-21T19:01:22","guid":{"rendered":"http:\/\/blog.knowledgecity.com\/?p=1677"},"modified":"2024-04-17T09:46:31","modified_gmt":"2024-04-17T16:46:31","slug":"succeeding-business-world","status":"publish","type":"post","link":"https:\/\/www.knowledgecity.com\/blog\/succeeding-business-world\/","title":{"rendered":"Succeeding in the Business World"},"content":{"rendered":"<p>Have you ever considered starting your own business? Or thought about going back to school for your MBA? Or perhaps you are already employed, but want to better understand the principles that drive the economy and how to navigate changing market trends.<\/p>\n<p>Regardless of your industry, job title or the state of the economy, there are certain principles that remain true for businesses of all kinds. KnowledgeCity\u2019s <a href=\"https:\/\/www.knowledgecity.com\/en\/library\/BUS1044\/introduction-to-business\/\" target=\"_blank\" rel=\"noopener\">Introduction to Business<\/a> illustrates the fundamentals of any business succeeding in the business world. This dynamic course gives you a comprehensive, behind-the-scenes look at the various types of businesses, what drives economies and global markets, how to analyze the competition, marketing strategies, business ethics, and more. Instructor Lisa Sharpiro explains key terms and concepts, teaching you essential strategies for avoiding common pitfalls.<br \/>\nFor example, one of the tools covered in the course is something called a SWOT analysis. A what?<\/p>\n<p>A SWOT analysis is way to evaluate the Strengths, Weaknesses, Opportunities, and Threats facing your business. Here is a small sampling of the types of questions that can help you reflect on how you can improve your business:<\/p>\n<p><strong>Strengths<\/strong><\/p>\n<ul>\n<li>What does your business do well?<\/li>\n<li>What resources are available?<\/li>\n<\/ul>\n<p><strong>Weaknesses<\/strong><\/p>\n<ul>\n<li>What can you improve?<\/li>\n<li>What should you avoid?<\/li>\n<li>Strategize to overcome weaknesses<\/li>\n<li>Hire talent<\/li>\n<li>Get training<\/li>\n<li>Outsource<\/li>\n<\/ul>\n<p><strong>Opportunities<\/strong><\/p>\n<ul>\n<li>Be aware of:\n<ul>\n<li>Positive trends<\/li>\n<li>Favorable technology<\/li>\n<li>Changes in regulations<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong>Threats<\/strong><\/p>\n<ul>\n<li>What is the competition doing?<\/li>\n<li>Does the business have cash flow problems?<\/li>\n<li>Are regulations becoming stricter?<\/li>\n<li>What dangers can threaten the business?\n<ul>\n<li>Environmental<\/li>\n<li>Social\/Political<\/li>\n<li>Economic<\/li>\n<li>Consumer behavior<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>By better understanding these principles, you can enter the business world with more confidence and a firm foundation.\u00a0We can help you stay up to date with\u00a0the <a href=\"http:\/\/visitor.r20.constantcontact.com\/manage\/optin?v=001AxOKTxDnDwv4-V1hJxg2CZwJutqgQiFfixTHHZxdAW_OW_e9BddKrvL7D4PKpCHM2IC4HGLQ430ezDZUlAcDTAzWAz-GXr1mI9O6BT_M4nhrR03edpAIKXEPN5cgPfiMALdeWfVfMq4Ab9tgLKUAgr5pOR6tGR0-J1FDfoOI9KL3Hdcxoot0faCJwy2cNXf4\" target=\"_blank\" rel=\"noopener\">Knowledge City newsletter<\/a>! \u00a0New blog posts and new courses being added all the time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Have you ever considered starting your own business? Or thought about going back to school for your MBA? Or perhaps you are already employed, but want&#8230;<\/p>\n","protected":false},"author":5,"featured_media":1838,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":""},"categories":[4001],"tags":[39,52,50,51,38],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Succeeding in the Business World - KnowledgeCity<\/title>\n<meta name=\"description\" content=\"A comprehensive look at succeeding in the business world, what drives economies, how to analyze the competition, marketing strategies, business ethics.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.knowledgecity.com\/blog\/succeeding-business-world\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Succeeding in the Business World - KnowledgeCity\" \/>\n<meta property=\"og:description\" content=\"A comprehensive look at succeeding in the business world, what drives economies, how to analyze the competition, marketing strategies, business ethics.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.knowledgecity.com\/blog\/succeeding-business-world\/\" \/>\n<meta property=\"og:site_name\" content=\"KnowledgeCity\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/KnowledgeCity\/\" \/>\n<meta property=\"article:published_time\" content=\"2015-04-21T19:01:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-17T16:46:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.knowledgecity.com\/blog\/wp-content\/uploads\/2015\/04\/business-success.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Knowledge_City\" \/>\n<meta name=\"twitter:site\" content=\"@Knowledge_City\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"KnowledgeCity\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.knowledgecity.com\/blog\/#website\",\"url\":\"https:\/\/www.knowledgecity.com\/blog\/\",\"name\":\"KnowledgeCity\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.knowledgecity.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.knowledgecity.com\/blog\/succeeding-business-world\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.knowledgecity.com\/blog\/wp-content\/uploads\/2015\/04\/business-success.jpg\",\"contentUrl\":\"https:\/\/www.knowledgecity.com\/blog\/wp-content\/uploads\/2015\/04\/business-success.jpg\",\"width\":800,\"height\":533,\"caption\":\"Business Team\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.knowledgecity.com\/blog\/succeeding-business-world\/#webpage\",\"url\":\"https:\/\/www.knowledgecity.com\/blog\/succeeding-business-world\/\",\"name\":\"Succeeding in the Business World - 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