The Impact of Studying Abroad on Graduate Employability Coursework

The Impact of Studying Abroad on Graduate Employability - Coursework Example Students may acquire abilities that are highly valued as a result of studying in foreign nations. While it is often believed that foreign language skills are the most visible advantage of studying abroad, there are other factors that can result in a graduate being considered in different workplaces. Skills and knowledge gained from studying abroad that are valued in the jobs marketplace In the first place, the exposure to distant cultures increases one’s cultural sensitivity and tolerance, both of which are cherished values given today’s diverse labour force. Employers are always searching for potential workers who are able to interact and communicate with persons of different cultures and nations (Orahood, Kruze, and Pearson 2004). Also, internationally experienced students are also more open to espousing different kinds of change. This means that they can readily adjust to new situations without needing too much help. Study abroad programs also help in making graduate students more positive and self-assured when facing different situations (Parey and Waldinger 2011). Such skills serve them well during job interviews. Internationally experienced graduates acquire a number of skills that other students cannot replicate. For example, they acquire the ability to handle constant change while also being informed about different working regulations in different countries (King, Findlay, and Ahrens 2010). They are also big risk takers and are not easily scared away when encountering unfamiliar situations. Internationally experienced graduates learn easily how to conduct themselves diplomatically in all situations and thus build relationships with people from different ethnic backgrounds. In some cases, these students are also able to execute leadership in spite of religious or cultural differences. They tend to have good cross-cultural skills, are mature, and self-motivated (Jones 2009). Positions/jobs graduates who studied abroad are more likely to sec ure There are many positions that internationally educated graduates have access to. For example, they can be appointed as their organisation’s representative to foreign nations or as leaders of foreign branches (Varghese 2008). Due to their people skills, they can also work in the public relations division, or human resources department in various business organisations (Fielden, Middlehurst, and Woodfield 2007). They can also function as consultants for issues concerning international business. Internationally experienced graduates are also usually quite proficient in written speech. This is because they had to write often during their studies in order to communicate with family members or correspond with universities. Such skills give them the ability to be able to apply for jobs which require a lot of writing such as journalism (Cai 2012). There are also numerous jobs in the internet such as being a social media manager, which calls for one to have good communication skil ls and proficiency in various internet skills. They could also serve as online content creators, where they update the business’s status and write blogs. They could also successfully serve as customer service representatives and represent their companies. This job calls for people who

Case Analysis Report Study Example | Topics and Well Written Essays - 1000 words - 1

Analysis Report - Case Study Example With reference to the case, it is observed that GMCR has established a business venture with Starbucks for K-Cup portion package of their coffee for use in ‘Keurig Single cup brewing technology’. The key players or officers as mentioned in the case study are Howards Schultz, the President, Chief Executive Officer (CEO) and Chairman of Starbucks Corporation, Jeff Hansberry, President of Starbucks Global Consumer Products Group, the then CEO and President of GMCR Lawrence J. Blanford and Nigel Travis, the CEO of Dunkin Brands and President of Dunkin’ Donuts among others (Green Mountain Coffee Roasters, 2009). The current CEO and President of GMCR is Brian Kelly. The company’s total sales for the year 2012 were USD 3,859,198 and the total profit was USD 1,269,399 (Yahoo! Inc., 2013). One of the major events in the GMCR’s history was in the year 2006 when GMCR made acquisition of Keurig, a maker of single-cup brewing machines. Moreover, in the year 2010, the company’s stock rose to an all time highest figure, placing it in the number one position in the Best Corporate Citizen criteria. In 2011, GMCR’s decision to enter into a venture with Starbucks was another important phase of the company (Green Mountain Coffee Roasters, 2009). ... It has a wider reach to the customers created through joint venture with the top most coffee houses in the coffee industry. It is the only manufacturer of single brewer machine (Wile, 2013). Weaknesses The main factor which may be weakness for the company is its financial performance is dependent primarily on the sales of K-Cups. Increased cost and decreased of raw materials may have keen impact on the future production of the company (Wile, 2013). Opportunities Owing to the reason that GMCR is the only manufacturer which provides single serve brewing machines and K-Cup, its brand name is getting promoted with joint ventures formed with well known companies such as Starbucks and Dunkin’ Donuts resulting in attraction of more companies to form a venture with them (Wile, 2013). Threats With the new trend of globalization, the world has become a much smaller place and GMCR is facing significant competition from companies manufacturing similar products (Wile, 2013). SWOT Matrix An alysis Via Porter’s Five Forces Model Porter’s five force model is a business strategy tool used to analyze the value of an industrial structure, capturing the vital rudiments of competition. Threat of new entrants GMCR is the only company which provides a wide selection of coffee products, the number of competitors competing for the same section of customers and resources is limited. Thus, threat of new entry can be deemed to be low as the company possesses exclusive offerings which can be quite hard for new competitors to imitate (Vitalsource.com, 2013). Bargaining power of buyers GMCR, being the only manufacturer of K-Cup, has a large number of buyers resulting in quite limited bargaining influence by the customers having a positive impact on the company (Vitalsource.com, 2013).