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IA05

     The guest speaker I enjoyed most was Kip Soteres. I really enjoyed Kip's presentation and it was honestly the only presentation that I remember. Kip is an expert in communication and explained the key points of communication. He explained that communication is a competition for peoples' attention, and to get your point across, you need to keep peoples' attention. He also explained how crucial it is to have good communication skills within a company.      Communication between employees within a company is imperative, without it, companies could have major incidents. Manufacturers could order incorrect amounts of materials and not produce the right amounts of products to meet the demand. This could cause a shortage or surplus and it would ultimately cost the business money.      Forbes.com says that communication is the base of a successful business; when all employees are aware of their role in the process, things work better. Informat...
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IA04

     I attended several meetings for the exercise science club throughout the semester. A majority of the meetings are to discuss fundraising and upcoming events. We sold shirts and sweatshirts for a fundraising event and also have many events coming up after winter break. The meeting is usually conducted by one of the four student officers, and occasionally one of the exercise science department staff attends.      These meetings are a good way for me to expand my network and meet people who share my major and passion for fitness. I am able to discuss ideas and ask questions to my peers who know more and have experience with things. I also can build relationships with future and current professors who can help me later in life.      These meetings allow me to connect with people and build a network, similar to what an entrepreneur would need to do to start up a business. Networking is needed for any aspect of business and creating a relati...
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IA03

Personal Business Plan Mission Statement      The goal of my business is to improve the lives and bodies of customers through physical therapy and personal training.  Business Environment       My business will be in the health care industry and will focus mainly on physical therapy and personal training. The health care industry is always growing and the demand is growing even larger now that the baby boomer generation is aging. Economically, changes occur in my industry when there are changes in insurance and government decided health care. People have to choose recovery options based on what they can afford and what insurance and the government is willing to give them.  Entrepreneurship and Strategy      My business's ideal market is athletes. I hope to practice and train athletes in order to improve their abilities to compete at a high level. In my opinion, the most difficult part of advertising and s...
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IA02

     I recently was able to interview a junior business student here at Chatham. He participates in a lot of intramural sports and is also a member of the Residence Hall Association. He learned of Chatham because he lives in Pittsburgh and had a cousin who used to attend the university. He plans to attend grad school but is not sure where or what for.      When we began to discuss studying strategies, he had a lot of tips and tricks to offer me. However, he made sure to emphasize that every person is different and studies in their own unique way. Two of the best tips he offered me were to create study guides for the topics I struggle with and to use flashcards/drawings. Creating a study guide on topics I struggle with allows me to focus my studying on topics I need to work on, while not repetitively going over topics I know very well. Using flashcards or drawings help in two ways; creating flashcards allows me to write and read the information while making...
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IA01

Caleb Lehman IA01 https://www.economist.com/business/2018/09/26/michael-kors-splurges-on-versace      The American brand Michael Kors took a bold leap as a company by buying out Versace for $2.1 billion on September 25th. Michael Kors made such a move in order to bring the brand to the level of some of the top European designers. With the acquisition of Versace and Jimmy Choo (bought for $1.35 billion in 2017), Michael Kors changed its name to Capri Holdings. Although the buyout seems as a good move for the company, Michael Kors shareholders were not convinced, and share prices fell by nearly a tenth. There was also disapproval voiced by Versace customers who feared the brand would become "tacky" and lose the original luster.      Capri Holdings will be considered a merger company; the result of one company buying another company and creating a new one. Michael Kors' motivation for the merger was to attain new markets and distribution Chanels, MK wante...
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