• e-gmat Exclusive Offer
    Get 300+ Practice Questions
    25 Video lessons and 6 Webinars for FREE

    Available with Beat the GMAT members only code

    MORE DETAILS
    e-gmat Exclusive Offer
  • Magoosh
    Magoosh
    Study with Magoosh GMAT prep

    Available with Beat the GMAT members only code

    MORE DETAILS
    Magoosh
  • Kaplan Test Prep
    Free Practice Test & Review
    How would you score if you took the GMAT

    Available with Beat the GMAT members only code

    MORE DETAILS
    Kaplan Test Prep
  • Economist Test Prep
    Free Trial & Practice Exam
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    Economist Test Prep
  • Target Test Prep
    5-Day Free Trial
    5-day free, full-access trial TTP Quant

    Available with Beat the GMAT members only code

    MORE DETAILS
    Target Test Prep
  • EMPOWERgmat Slider
    1 Hour Free
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    EMPOWERgmat Slider
  • Veritas Prep
    Free Veritas GMAT Class
    Experience Lesson 1 Live Free

    Available with Beat the GMAT members only code

    MORE DETAILS
    Veritas Prep
  • Varsity Tutors
    Award-winning private GMAT tutoring
    Register now and save up to $200

    Available with Beat the GMAT members only code

    MORE DETAILS
    Varsity Tutors
  • PrepScholar GMAT
    5 Day FREE Trial
    Study Smarter, Not Harder

    Available with Beat the GMAT members only code

    MORE DETAILS
    PrepScholar GMAT

Analysis of an Issue - lasting Success

This topic has 1 member reply

Rate my AWA and give comments

1
 
0% (0 votes)
2
 
0% (0 votes)
3
 
100% (1 votes)
4
 
0% (0 votes)
5
 
0% (0 votes)
6
 
0% (0 votes)
barron Senior | Next Rank: 100 Posts Default Avatar
Joined
28 Feb 2008
Posted:
72 messages

Analysis of an Issue - lasting Success

Post Tue Jun 03, 2008 1:35 am
Elapsed Time: 00:00
  • Lap #[LAPCOUNT] ([LAPTIME])
    "No one can possibly achieve any real and lasting success or 'get rich' in business by conforming to conventional practices or ways of thinking."
    Discuss the extent to which you agree or disagree with the opinion stated above. Support your views with reasons and/or examples from your own experience, observations, or reading.

    I strongly agree with the argument that no one can ahieve real and lasting success in business by conforming to conventional practices.

    Throughout the history, people have succeeded in business and made a lasting impression by following a non conventional path. Those who get stuck to their conventional view without any improvements has been gradually phased out. One of the classic examples of this phenomena is the 'ambassador' car company of India.
    They introduced their trademark car, 'ambassador', some 40 years back. Since then, the improvements in the car has been negligible when compared to the strides made by later car companies.Now, ambassador is in loss after almost decades of success just because it didn't try to innovate.

    A business which is run in a non conventional way not only makes it a success in the long run but also motivates its employees. The employees will be of the view that theya are working in a unique environment. Take the case of Google. The company made a revolution in the business world by its rapid rice within a decade. The employees of google take pride in this fact and they are also renowed for the personal work on behalf of the company to accomplish new accomplishments like Orkut.

    In conclusion, I strongly agree with the idea of non conventional thinking and practices. The benefits are many, both directly nad indirectly and most of the followers of this philosophy are already renowed as pioneers in their field.

    Need free GMAT or MBA advice from an expert? Register for Beat The GMAT now and post your question in these forums!
    simplypravs Newbie | Next Rank: 10 Posts Default Avatar
    Joined
    03 Jun 2008
    Posted:
    1 messages
    Post Tue Jun 03, 2008 6:54 am
    Hello everybody,

    Am new to the forum.I am writing my essay below. kindlyrate it and let me know your comments about the same.

    I strongly agree with the statement that the conventional methods ould not help in the success of a business over a long run.Actually Business is all about innovation.Innovation comes in many forms here - Marketing, Production,Advertisement,Quality Assurance etc.

    First and foremost adopting innovative measures is the key to success in any kind of industry.Companies compete against one another to prove their superiority over each other.But a company can claim its position in the market only wrt the quality products it delivers which have much better value over the "already existing" or "previous" models.Now to beat the existing models the company has to come with something which shows the result of innovation in its labs.Also the product should be in line with the current trends and should be a value added one too.For example take the example of Mobile Hand sets.The first mobile which had come into the market had the size of a Walkie-Talkie.But now with the improvement in the technology and the adoption of innovative techniques the size of the mobile handsets have become drastically smaller and also offer better services than the previous models.Given an option people always prefer the latest model over the older ones.This directly shows the adoption of innovatve technology in todays world.Now several companies produce various competing models which introduce a new feature everytime they get launched into the market which earns them crores of rupees.Had they stuck to the tradtional hand sets following the same old practices they would have never made so much of money.

    As another example i would like to take the case of a computer.Imagine the very first computer which was almost the size of a big room and which used to dissipate lots of heat.Because of the improvement in the information technology and the innovation in the design, we now have computers which are as small as our own palm.Timely reaction to the demand and the adoption of Innovative techniques have enabled majority of the Computer manufacturers earn millions of dollars.This would have never been the case if they had not followed the changes demanded by the modern world.

    Hence i strongly recommend the adoption of practices which are different from the traditional conventional practices which lead to the prosperity of the business.They bring not just money to the Entrepreneurs but also make life easier for most of the people.

    Best Conversation Starters

    1 Vincen 152 topics
    2 lheiannie07 61 topics
    3 Roland2rule 49 topics
    4 ardz24 40 topics
    5 LUANDATO 32 topics
    See More Top Beat The GMAT Members...

    Most Active Experts

    1 image description Brent@GMATPrepNow

    GMAT Prep Now Teacher

    141 posts
    2 image description EconomistGMATTutor

    The Economist GMAT Tutor

    107 posts
    3 image description GMATGuruNY

    The Princeton Review Teacher

    106 posts
    4 image description Rich.C@EMPOWERgma...

    EMPOWERgmat

    104 posts
    5 image description Matt@VeritasPrep

    Veritas Prep

    76 posts
    See More Top Beat The GMAT Experts