8 answers
Thomas
Student
Stamford, VT
2
Questions
Asked
2256 views
What are the different types of businessmen?
I know that being a businessman is not just a profession in itself and that there are branches of businessmen. I am simply inquiring about what are the different branches of business and businessmen. #business #entrepreneur #professional
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8 answers
Giovanni Palermo
Project Analyst 1
18
Answers
Germantown, Maryland
Updated
Giovanni’s Answer
Hello Thomas,
I will answer in regards to the different branches in business. There are many branches in business that can grab your attention, show you what your strength in business are, and what branch can influence your path during your professional career.
Please see the list below:
-Accounting: Do you love numbers? As an accountant you'll be able to apply accounting principles, learn tax laws, and how to process managerial accounting documentation for a business' operations (Example roles: Accountant, Auditor)
-Business Management: Equips individuals who pursue this branch in business to lead teams in various business branches such as accounting, business operations, marketing, tech teams, economics, finance, and much more within a organization. (Example roles: Sales Manager, Account Manager, Lead Manager)
-Economics: Do you like to research principles and theories regarding economics? With economics you'll be able to apply math formulas and analyze past economic data to make predictions; such as analyzing and forecasting trends. With analysis and forecasts, an economist will be able to improve business operations and performance (Example roles: Economist, Budget Specialist)
Finance: This branch allows you to concepts and skills in financial analysis, economics, statistics, and portfolio management. This branch can lead you towards getting a job in the accounting and or investment areas. (Example roles: Risk Manager, Financial Analyst, Portfolio Analyst, etc.)
Human Resources: Do you like working with people? In HR you'll be able to work with any company's HR department by looking for and bring in talent for the company you work for, help those who are in the company by providing aid and resources, and much more (Example roles: Recruiter, HR Project Analyst)
Marketing: Market research, communication, and marketing strategies is what marketing consists of. You'll be able to perform consumer research which can have an influence in sales, brand awareness, and customer retention (Example role: Marketing Specialist)
I hope these general descriptions help you. Thank you.
I will answer in regards to the different branches in business. There are many branches in business that can grab your attention, show you what your strength in business are, and what branch can influence your path during your professional career.
Please see the list below:
-Accounting: Do you love numbers? As an accountant you'll be able to apply accounting principles, learn tax laws, and how to process managerial accounting documentation for a business' operations (Example roles: Accountant, Auditor)
-Business Management: Equips individuals who pursue this branch in business to lead teams in various business branches such as accounting, business operations, marketing, tech teams, economics, finance, and much more within a organization. (Example roles: Sales Manager, Account Manager, Lead Manager)
-Economics: Do you like to research principles and theories regarding economics? With economics you'll be able to apply math formulas and analyze past economic data to make predictions; such as analyzing and forecasting trends. With analysis and forecasts, an economist will be able to improve business operations and performance (Example roles: Economist, Budget Specialist)
Finance: This branch allows you to concepts and skills in financial analysis, economics, statistics, and portfolio management. This branch can lead you towards getting a job in the accounting and or investment areas. (Example roles: Risk Manager, Financial Analyst, Portfolio Analyst, etc.)
Human Resources: Do you like working with people? In HR you'll be able to work with any company's HR department by looking for and bring in talent for the company you work for, help those who are in the company by providing aid and resources, and much more (Example roles: Recruiter, HR Project Analyst)
Marketing: Market research, communication, and marketing strategies is what marketing consists of. You'll be able to perform consumer research which can have an influence in sales, brand awareness, and customer retention (Example role: Marketing Specialist)
I hope these general descriptions help you. Thank you.
Randy Chronister
Project Manager
3
Answers
Chicago, Illinois
Updated
Randy’s Answer
Hi there. There are lots of areas to pick from. If you know you want to get a degree in business, but aren’t sure which area, you could take various elective courses to learn about them all. I would also suggest shadowing or being a mentee with various businessmen and owners. Good luck.
Marc Zbinden
Program Management
3
Answers
Leesburg, Virginia
Updated
Marc’s Answer
Are you asking so as to identify types of businesses you would interested in working in? Or what does a businessmen do?
The answer is almost limitless. Business and businessmen are very generic terms. Wikipedia says..."Business is the activity of making one's living or making money by producing or buying and selling products (such as goods and services)."
This could be anything from a small business to a major corporation, individually owned or publicly traded. Could be anything from a hair salon, food store, Amazon, or Ford Motor Cars. There many industries where businesses operate. For example...Manufacturing, Aerospace, Transportation, Computers, Education, Food, and Healthcare.
And a Businessmen is simply someone employed by a Business and performs professional, managerial, or administrative work. Often times associated with manager or executive level.
In general, I would consider the things you like to do...from there I'm sure you can find all types of business examples.
The answer is almost limitless. Business and businessmen are very generic terms. Wikipedia says..."Business is the activity of making one's living or making money by producing or buying and selling products (such as goods and services)."
This could be anything from a small business to a major corporation, individually owned or publicly traded. Could be anything from a hair salon, food store, Amazon, or Ford Motor Cars. There many industries where businesses operate. For example...Manufacturing, Aerospace, Transportation, Computers, Education, Food, and Healthcare.
And a Businessmen is simply someone employed by a Business and performs professional, managerial, or administrative work. Often times associated with manager or executive level.
In general, I would consider the things you like to do...from there I'm sure you can find all types of business examples.
Ivy Attram
Operational/Technology Risk Management
6
Answers
Laurel, Maryland
Updated
Ivy’s Answer
Hi Thomas, if your goal is to work for yourself or own a business, which will make you a businessman, then my advise to you will be to find something you are passionate about and see how you can use that to serve others. Once you have that figured out, think about what industry that falls into, example - Accounting, Finance, etc. and then determine how businesses in that category are managed. Regardless of the industry you will need to know how to manage a business as a businessman if you hire people to work for you . Therefore you will need to learn or take courses in business administration or entrepreneur-ship, or work for someone and learn the craft. I hope this helps. Good Luck and keep dreaming big !!!!
Syed Ferdous
Program Manager
100
Answers
Dallas, Texas
Updated
Syed’s Answer
Hi Thomas, looking at it from a functional point of view, here are different areas of business:
Accounting
Consulting
Entrepreneurship
Finance
General Management
Human Resources
Marketing and Sales
Operations
Nonprofit and Social Impact
Technology
Accounting
Consulting
Entrepreneurship
Finance
General Management
Human Resources
Marketing and Sales
Operations
Nonprofit and Social Impact
Technology
Gloria Ortiz
Instructional Designer
842
Answers
Irving, Texas
Updated
Gloria’s Answer
Hi Thomas,
Business people can mean different things to different people. I think of it as someone who works in corporate America. I work for a Fortune 500 company. That is a specific type of business person over people who own their own businesses, since hierarchy can create a lot of challenges. I would be curious to know what kind of business man do you think of when you hear that term? I think that "business" is the key part of that term. If you are considering your career, what kind of business do you want to be in? I have seen others recommend doing activities like job shadowing or volunteering to give yourself a greater sense of what is happening in a variety of businesses.
My career is in a segment known as Learning and Development. I am an Instructional Designer. I create training that allows others to learn how to do or improve how they do their jobs. As a businesswoman within an organization, my challenge is always to stay up-to-date on the changes that are occurring every day in the career that I have chosen. I also need to be aware of how the company I work for does business and it is my job to understand those details as my own career details. Your college diploma will be and should be handled as a foundation for all the life-long learning that you will need to do in order to stay on the cutting edge of the work that you want to do.
Good luck in your search for your business focus.
Business people can mean different things to different people. I think of it as someone who works in corporate America. I work for a Fortune 500 company. That is a specific type of business person over people who own their own businesses, since hierarchy can create a lot of challenges. I would be curious to know what kind of business man do you think of when you hear that term? I think that "business" is the key part of that term. If you are considering your career, what kind of business do you want to be in? I have seen others recommend doing activities like job shadowing or volunteering to give yourself a greater sense of what is happening in a variety of businesses.
My career is in a segment known as Learning and Development. I am an Instructional Designer. I create training that allows others to learn how to do or improve how they do their jobs. As a businesswoman within an organization, my challenge is always to stay up-to-date on the changes that are occurring every day in the career that I have chosen. I also need to be aware of how the company I work for does business and it is my job to understand those details as my own career details. Your college diploma will be and should be handled as a foundation for all the life-long learning that you will need to do in order to stay on the cutting edge of the work that you want to do.
Good luck in your search for your business focus.
Jack Haeberle
Risk Analyst
3
Answers
Arlington, Virginia
Updated
Jack’s Answer
Hi Thomas! what a great question! everyone here has listed that different type of business professions! However, how do you narrow it down? I think the real question here is why business? what attracts you to business? In general, what kind of work do you enjoy doing and what problems do you like solving? Get clarity on what you like doing, so you can get clarity on what kind of business person you want to be! Keep asking questions!
Chris Albers Denhart
Project Manager
2
Answers
Washington, Washington
Updated
Chris’s Answer
Hey Thomas!
My best advice would be not to focus on the title (they're ALWAYS changing in the real world) but to focus on the build-able skillsets and talents. Some of the best advice I got from a mentor early in my career was to think of your career as your toolbelt (like a carpenter), and that every experience you have helps to add more "tools" to your toolbelt.
To that end. Successful people in business know how to:
1. identify a problem or opportunity in the real world that real world face
2. develop, build, or fit a product or service to address that need
3. build a system around delivering that service in a repeatable and profitable way
Accountants do this: businesses need to know what money is coming in and going out and what their cash flow is to stay viable.
Marketers do this: they know the company needs to fit their product to a real market need and help get the word out to the world about their products.
Economists do this: they know businesses can only do so much with limited resources and help companies strategically decide where to put their efforts.
Designers do this: they understand how the humans that use products and services actually use them and make them more desirable - thus increasing market share and price point for the companies.
The list goes on - I hope this helps!!
-Chris
My best advice would be not to focus on the title (they're ALWAYS changing in the real world) but to focus on the build-able skillsets and talents. Some of the best advice I got from a mentor early in my career was to think of your career as your toolbelt (like a carpenter), and that every experience you have helps to add more "tools" to your toolbelt.
To that end. Successful people in business know how to:
1. identify a problem or opportunity in the real world that real world face
2. develop, build, or fit a product or service to address that need
3. build a system around delivering that service in a repeatable and profitable way
Accountants do this: businesses need to know what money is coming in and going out and what their cash flow is to stay viable.
Marketers do this: they know the company needs to fit their product to a real market need and help get the word out to the world about their products.
Economists do this: they know businesses can only do so much with limited resources and help companies strategically decide where to put their efforts.
Designers do this: they understand how the humans that use products and services actually use them and make them more desirable - thus increasing market share and price point for the companies.
The list goes on - I hope this helps!!
-Chris