Stress is one of the issues we can’t avoid completely these days. Our pace of life puts us under pressure, so we need to look for more keys to reduce stress and live a happy and colorful life. Students are especially vulnerable to stress – endless deadlines, huge volumes of materials to read, learn, memorize, the vibrant activities you have to leave behind during exam preparation. When you try to combine learning with active and colorful life, you find yourself even under more stress because, for some reason, the deadlines are flying by even faster, and you keep falling behind.
Don’t forget about added stress for first-year students – very often they have to move out of their town and their parent’s home where they’ve been taken care of and start living a whole new life where they have to assume responsibility for so many things. The first couple of months can seem like hell, and as soon as you get used to the new life, you have to face new challenges – exams, projects, internships. All in all, there’s a lot going on in their lives – and they have to somehow learn to manage all that.
It’s very common for students to procrastinate – they wait till the last day to turn in their assignments and put off the preparation for the exam until the night before it. If you’re not a perfectionist, procrastination doesn’t seem to be that bad. However, medical research has shown that procrastination increases stress, anxiety, and fatigue.
Piers Steel, a business professor at the University of Calgary, pointed out in the 2007 study: “It is estimated that 80 to 95 percent of university students procrastinate, around 75 percent consider themselves procrastinators, and almost 50 percent procrastinate consistently and problematically.”
What is a skill? It is an ability of a person to do something good. Skills do not come from anywhere. One needs time to develop them to become experienced. Sometimes, a person masters skills subconsciously due to temperament and appropriate environment. For example, a girl can be patient because she is phlegmatic, and her parents give her tasks to develop this skill like beading, gathering puzzles, and collecting things.
The statement reveals how educational institutions can influence students when deciding the field of study they wish to pursue. On the one hand, there are reasons to support this idea because educational institutions have years of experience and can accurately determine a student’s abilities to- or not to pursue a specific course. Further, the scientific approach to decision making via a proven assessment procedure is perfect when implemented to benefit the learner. On the other hand, these institutions may discourage learners from taking up courses or subjects they are passionate about and which they can succeed. Success in a particular is determined by an individual’s desires and passion, and not what others say or think about his or her abilities.
Cost volume profit analysis examines the interaction of a company’s sales volume, selling price, cost structure, and profitability.
CVP analysis is a useful tool in making management decisions such as production, investment, and financing decisions. Wonder Company simulation has to establish various factors that influence its product sales and customer demand. The success of a company is based on how many people are willing to purchase their products at existing prices. Competition is inevitable in case a company does not have monopoly powers. Brand management seeks to promote the presence of a company in the market. Many companies are investing heavily in brand management to improve sales by attracting more customers and retaining existing ones. Company products follow an inevitable life cycle. A life cycle of a product begins with the conception of an idea on what to produce, how to create, and who will constitute a market for the product. The product is then moved to the product development stage, where it is delivered and finally availed to the market for consumers to purchase and use it. After several years in the market, a company might fail to upgrade its product based on existing market requirements leading to consumers opting to use alternative products. Lack of market may result in a company failing to meet its objectives and eventually wound up. In such cases, the company withdraws its products in the market. Brand management takes place in various forms. It begins with the assessment of how customers are relating to a product in the market and proceeding to evaluate how their perception of the product changes with time. Consumer perception of a product significantly determines company success.