What Make You Change Your Life Direction My Way Of Developement Essay

What Make You Change Your Life Direction My Way Of Developement - Essay Example It is irrefutable that our actions and decisions are largely influenced by our passions and motivations which, in turn, are developed through our experience. At one point in my life, I have seen how certain circumstances significantly shape my viewpoint and interest. I have learned that external factors do not necessarily change me but only reveals a part of me which I was never aware before. As a young child, I have always been interested in extending my knowledge and skills to other people through teaching. Recognizing that the new era emphasizes the integration of nations into a single global village with English as the primary language, I have been instilled with the determination and courage to cross the cultural and geographical barrier in order to pursue a TEFL (Teach English as Foreign Language) certification in the United States via the UCI Extension Program. I have originally planned to use the knowledge that I have acquired from the program in South Korea and this means establishing my own language institute. Thus, after getting a TEFL certificate in the summer of 2004, I also enrolled in Business Administration certificate program in order to furnish me with the skills necessary in running a business organization. After the program, I am blessed enough to be granted an internship at Merill-Lynch and this experience does not only enable me apply the theories an d knowledge I have gained from my business administration program in the real world but has become the major turning point of my life. My experience at Merill-Lynch has exposed me to finance and management, two disciplines where I have inclinations with. My rationale in taking the internship is to gain a deeper understanding of investment. I am particularly interested on how different investments generate returns to their investors. As an intern, I have been given the responsibility of updating and organizing earnings estimate data. Aside from providing me with knowledge about investment, this task has also exposed me to the intricate and complicated relationship between the different factors in the economy. My internship with Merill-Lynch has bestowed me a fascination of economics as well as its interrelation with the business arena. It is often incomprehensible how a single factor like the interest rate can bring huge repercussions in the whole economy, and how business organizations formulate their responses taking into account these developments. My internship has confirmed my innate passion and inclination on business and economics. My colleagues have been amazed by my unusual aptitude in these disciplines given the limited education and experience I have in these fields. My internship at Merill-Lynch has motivated me to further enhance my strength and competencies in the fields of economics and business management. I strongly feel that my career goal will be centered in creating a career path within these disciplines. After my internship, I have enrolled in microeconomics and macroeconomic classes. I also hope to gain a deeper understanding about international economics and trade considering the rapid elimination of trade borders among economies through the establishment of trade unions and free trade zones. I believe that our directions, illustrated by Newton's first law of motion, are truly the products and by-products of various external forces. However, I also believe that these external forces will only change our paths but will fail to completely change our interests. In my experience, external forces enable me to recognize and develop the strengths and skills which I fail to enhance. My passion for teaching has never wavered and I still want to extend the knowledge and skills that I have. However, I am also very passionate about reaching my full potential

Micro Economics Assignment Example | Topics and Well Written Essays - 250 words - 1

Micro Economics - Assignment Example It is exploitative in nature and it takes unfair advantage of the fact that there are a few firms operating in the market and consumers must turn to them to buy their service (Schiller, Hill, & Wall, 2013). In order to protect the consumers from such exploitative practices and not let the companies take advantage of the consumers’ lack of options, government regulators should intervene and oversee that no collusion takes place. Collusion remains to be a problem in today’s economy as well. Recently, a collusive agreement between top Silicon Valley executives took place whereby they agreed to not hire away valuable employees from each other’s companies (Fung, 2014). Although this collusion was not in the form of controlling prices or output levels, it still shows the exploitative nature of collusion and the harm is does to the people. I agree with statement 1 since it adequately describes the need for free and open markets where the supply and demand equilibrium is not disturbed. Collusion upsets this equilibrium and harms the consumers with artificially high product prices and the companies themselves with its inefficient resource allocation. Statement 2 is also similar in nature and describes how collusion can upset the way market forces are working. In an Oligopoly, collusion is easier and consumers are at a disadvantage. To ensure that the market remains corruption free and exploitation does not take place, it is necessary to let the market forces work to achieve equilibrium rather than setting up an artificial price for the selfish interests of the companies. Fung, B. (2014, April 23). What the Apple wage collusion case says about Silicon Valley’s labor economy. Retrieved from Washington Post: