First off, I would like to share some news from the CMC. The Concordia Business Association (CBA) has changed it name to the Concordia Management Council (CMC). We are here to listen to and help all Management students with any concerns, as well as look out for their interests. We are planning to host a Faculty Mixer for all Management students on September 16 starting at noon. Come out and meet with your professors and peers! Additionally, don’t forget that Concordia Management Council is hosting its annual conference February 6th 2016. This event features prominent business professionals, potential job opportunities, and a networking opportunity you won’t want to miss! If you have any questions or concerns, you can reach the Concordia Management Council by our email: firstname.lastname@example.org. We also invite you to check out our ourcsa.ca page, facebook, twitter, or Linkedin for more updates.
Now that I’ve finished with updates and welcomes, I want to get into the main topic I would like to discuss: What is Business?
Business is a person’s regular occupation, profession, or trade. In that sense of the word, business applies to every student at Concordia, from English students to Biology students to Management students. When we all graduate and leave we will be working in an occupation or profession that is ultimately our business. While the specifics and details of every business is unique, there are a few general rules and practices that apply to most types of “business,” and I hope to help you navigate these similarities.
Business is the practice of making one’s living by engaging in commerce. Essentially, whether we are the next William Shakespeare or Madam Currie, the next Steve Jobs or Bill Gates (depending on whether you are Apple or a Microsoft fan), we need to make money to survive. Money is earned by selling, whether it be a product or a service. That money is then used to purchase other products or services. Our lives, in today’s consumer society, are made up of acts of commerce. Eventually most of us will work in business, where commerce takes place. The difference is what is being traded; it could be literature, medicine, consumer products, or skills.
The world of business impacts our lives in many ways. The actions of companies affect our environment and even our individual health. Business is gaining more power and dominance in the political realm. Governments now look at not just how their actions affect citizens, but also businesses and corporations. The United States is seeing one of the country’s biggest businessmen, Donald Trump, run for the Republican nomination in the presidential race. Through marketing, businesses affect how we make decisions and what we choose. Throughout the year, I plan to keep you up-to-date on current events in the business world.
I hope that this article appeals to more than just the Management students on campus, which I attempted to do intentionally with this article. Throughout the year, I would like this column to prove useful to all Concordia students and their “business” lives, despite their academic background.