Bachelor of Business Administration (BBA)

They want to know your specific career goals and objectives. Read the below as to why students pursue the MBA so you can get an idea. However, I would try to indicate your reason for pursuing the degree, which should be specific.

The following was written by Wharton College Pennsylvania. This should help.

Why an MBA

The MBA is not an end in itself, but a means to an end. It is a degree designed to give you the ability to develop your career to its fullest potential, at an accelerated pace. What will you get out of an MBA? Aside from a powerful life experience, the MBA degree should supply three main value propositions: Skills, Networks, and Brand.

Skills

These include the "hard skills" of economics, finance, marketing, operations, management, and accounting, as well as the "soft skills " of leadership, teamwork, ethics, and communication that are so critical for effective management. MBA students acquire these skills inside and outside the classroom. Since MBA programs attract people from very diverse industries and cultures, a program should be able to leverage these differences and translate them into learning opportunities.

Networks

An MBA degree program offers access to a network of MBA students, alumni, faculty, and business and community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships in your current career, or pursuing expertise outside your current field. For example, entrepreneurs need access to capital, business partners, vendors, and clients. Arts-related businesses need access to funding and strategic management in order to position themselves to be relevant in the marketplace. Global businesses need access to local business cultures as they expand their enterprises to new territories.

Brand

The MBA degree is a recognized brand that signifies management and leadership training. The particular school and type of MBA program you attend also have brand associations that can help open doors based on the school's reputation. The strength of a school's brand is based on the program's history, its ability to provide students with technical skills and opportunities for personal growth, and the reach of its alumni and industry network. A powerful brand can give you the flexibility to make changes throughout your career.

Scope of Materials Management Materials management is typically comprised of four basic activities:

1. Anticipating materials requirements.

2. Sourcing and obtaining materials.

3. Introducing materials into the organization.

4. Monitoring the status of materials as a current asset.

Functions performed by materials managers include purchasing, inventory control of raw materials and finished goods, receiving, warehousing, production scheduling, and transportation. The definition of materials management views the activity as an organizational system with the various functions as interrelated, interactive, subsystems.

The objectives of materials management are to solve materials problems from a total company viewpoint [optimize] by coordinating performance of the various materials functions, providing a communications net work, and controlling materials flow.

The specific objectives of materials management are closely tied to the firm's main objectives of achieving an acceptable level of profitability or return on investment (ROI), and remaining competitive in an increasingly competitive marketplace. The major objectives of materials management are low costs, high levels of service, quality assurance, low level of tied-up capital, and support of other functions.

Materials management encompasses a variety of logistics activities. The primary differences between the process of materials management and that of finished goods distribution are that the items handled in materials management are incoming finished goods, raw materials, component parts, and subassemblies to be further processed or sorted before being received by the final customer. The recipient of the materials management effort is the production or manufacturing group and oilier internal customers, not the final customer.

Integral aspects of materials management include purchasing and procurement, production control, inbound traffic and transportation, warehousing and storage, management information system (MIS) control, inventory planning and control, and salvage and scrap disposal.

BY MACDONALD CHIBUZOR NWAOHA