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Effective Communication

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As a professional, it is important to communicate effectively with a variety of audiences throughout your daily activities. With any kind of communication, you need to understand your intended audience. You also need to be aware of each audience’s needs.  Often the same information will need to be delivered to different audiences.

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Trip vs. Business Plannings Choice

Credit: forbes.com

An entrepreneur’s journey to success or failure is often directly related to their planning processes. Part of ensuring a successful future is careful and concise planning. Consider a previous trip, and recall the planning process you went through to make it successful. Discuss the destination and purpose, who you traveled with, the method of travel, cost of meals, lodging, amount of gas, and the length of the trip. Think about any roadblocks or detours you encountered.

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The Concept of Learning

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Explain the concept of learning. What does it mean to be an intentional learner?  How do you use your learning patterns in everyday situations?  State your LCI scores and level of use for each Learning Pattern. Do the results of the LCI reflect your own thoughts, feelings, and actions accurately according to what you you know about yourself? Do you agree with your scores of Sequence, Precision, Confluence, and Technical Reasoning that you got from taking the LCI?

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Business Plan Component

Credit: bizcentralusa.com

One of the most important elements in a business plan is the market analysis. A market analysis is a qualitative and quantitative assessment of a market. It includes data collection and estimation in reference to the market size and value; characteristics of the intended customer base; in-depth understanding of the competition; barriers to entry and the regulatory environment.

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