Monday, August 26, 2019
Different Aspects of Reflective Learning and How it Relates with Hinna Essay
Different Aspects of Reflective Learning and How it Relates with Hinna Azeem Jewelry - Essay Example This report also reflects how our group worked both individually and collectively in order to complete the task. Reflective learning helps us improve our future by learning from the past. A good entrepreneur is one who not only posseses reflection skills but also enhances theses skills as time goes on. Hinna Azeem has proven herself as a entrepreneur who possesses good reflection skills. She has proved this phenomenon with the actions during the course of business. Introduction Hina Azeem, a jewelry brand named under the name of its very designer has become one famous brand. The brand started its life cycle in 2000. Like every business H Azeem grew slowly but steadily and within two years of the business achieved a stable growth. Hinna Azeem, the designer, was in the view of introducing jewelry at afforable price to the community. She not only wanted the jewlery to be affordable but also wanted it to be luxurious and stylish too. She believed that wearing nice and stylish jewelry gav e a lot of psychological advantages to woman in which confidence was one major aspect. After introducing luxurious and stylish watches and jewelry for woman Hina Azeem has now planned to introduced products for men is well. She has planned to start off with gemstone cufflinks and custom made cufflinks and also offers after service products which no competitor offers at the moment. This shall give her an added advantage in the market. Her idea of pricing jewelry at affordable rates has ensured a large turnover which has led to profit making. Her business strategies and skills are impressive. She has outsourced her manufacturing to turkey, china and far off to ensure cheap labour. This tactics in return has ensured her to provide cheap and affordable prices. Instead of choosing a business strategy like that of APPLE and pricing her products highly and make it a fashion symbol, she has prefered to go about it in her own way. Even though now that has business has flourished and her bran d named developed she has shown commitment to her initial strategy and has kept her price low. She has shown her sharpness when it comes to business at many occasions. Entering the men jewelry segment which is hardly saturated and offering extra value added services has kept her spot her. She has also started sales online, which shows her sharpness with regard to use of technology. Her skills and actions make her stand out to the rest of her competitors. She has been mentioned in many journal, which is a great achievement. She is a young but at the same time a prolific entrepreneur. REPORT Below is the report sections which reflect how each of us went about in fulfilling this task. What kinds of problems we went through and how each and every one of us played our part in completing the requirements of this module. The report has been laid down in such format so each individuals work and achievement can be analysed and understood. The conclusion is right at the end, and has been achi eved not individually but as a team. Individual 1 Every entrepreneur has its own way and strategies to success. Some use their own beliefs while others may go from learning from experience of others. Some may go making new opportunities out of threats; some may simply wait and capitalize on them. We may even come across people who believe that entrepreneur are born rather than made. I personally think that people have their own view and we are to respect that fact. No one is an entrepreneur until and unless he actually enters the field of business. On his ladder to success he shall face many
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