Samsung Laptop
In the case of the product, a buyer with an MBA will view the business challenges from various perspectives including the marketing, financial, and even the manufacturing of the products due to the demand created by the Samsung laptop. It is evident that the coordinated multidisciplinary approach is usually missed in the undergraduate business curricula. Learning about the MBA disciplines will always provide the person with knowledge and opportunity to synthesize MBA skills. It is evident that MBA usually provides a person with knowledge and skills on how to select on the laptop as well as check other necessary requirements in order to choose the right product that suits his or her demands (Silbiger 100).
Day 1-Marketing: In this chapter, an individual will be in a position to enhance his or her knowledge of the 7 processes incorporated in order to avail the product effectively into the marketplace. He or she will look on the marketing plan as well as the final market plan made by the manufacturer. He or she will be able to analyze the concepts needed in order to overlook at the product and evaluate if it is effective or not. In this, the marketing experts will include the procedure, demography, customer purchasing process, channels of distribution, market competitors, and revising the entire plan in order to project on the profits.
Day 2-Ethics: Under this class, one needs to focus on the business ethics, which might include the business attitude, as well as its behavior towards the entire environment. The customer will definitely evaluate the effects of the product to both him and the general environment. He or she will need to examine the business ethics of the manufacturer in order define whether the product is effective. Moreover, he or she will be in a position to observe how the business treats its employees and the entire procedure such as lay off employees and if they practice unethical business behaviors such as bribery, firing without any reason. The buyer should be in a position to identify on the relativism of the ethics and rights, as well as the responsibilities of the stakeholders (Silbiger 120).
Day3-Accounting: Here, the person will be in a position to account for the product. Under this section, the person will be in a position to identify other aspects used to price the product. Moreover, the accountants of the Samsung Company are in a position to examine the entire financial statement as well as other costs and expenditures incurred during the production of the product.
Day 6- Finance: Under this discipline, the person usually gathers some knowledge on how project’s viability. Here, the person will be in a position to understand on how much the project will generate revenue as well as it’s payback period. A person will be able to evaluate whether the project will bring positive results before producing the real product. Moreover, the expenditure and other expenses that may be incurred will definitely be evaluated on in order come up with the reasonable results. The pricing of the product will definitely depend on the various calculations conducted in order to determine the profitability index of the entire project. Additionally, the finance officers will be in a position determines the period required in order to cover up the entire expenses invested. This implies that the knowledge usually influences financing decisions for the production for the Samsung laptops, hence the type of finance to be used.
Works Cited
Silbiger, Steven. The 10-Day Mba: A Step-by-Step Guide to Mastering the Skills Taught in America's Top Business Schools. London: Piatkus, 2005. Print.
