Discuss the idea of presence and how to develop a professional presence
What will be an ideal response?
Answer: These three elements—competence, credibility, and confidence—form the core of professional presence. Some people equate presence with the "wow" factor that allows you to make a great first impression, similar to the peacock that is the emblem of this book. While that wow factor is certainly impressive, presence goes deeper than that. Presence emanates from within, reflecting your comfort with yourself and the rapport you develop with people around you. In addition, your professional presence depends on your ability to communicate so that others recognize your competence, are eager to listen to what you have to say, trust you, and have confidence in you.
How do you develop presence? While you are in school, you have undoubtedly been developing your competence as you take courses in your major and other fields. Ideally, you have also been learning how to learn, so that you can continue to increase your competence on the job. Your credibility is based in part on your character, which you have been developing since you were a child. You also earn credibility by doing good work, being trustworthy, and empathizing with others, showing that you understand their needs and point of view. You develop confidence by believing in yourself and by learning communication skills that allow you to project that belief as you communicate your ideas. Confidence also comes from the knowledge that you can use your critical thinking abilities to adapt what you have learned as new situations arise.
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Which of the following statements is true regarding capitalization of interest?
a. Interest cost capitalized in connection with the purchase of land to be used as a building site should be debited to the land account and not to the building account. b. The amount of interest cost capitalized during the period should not exceed the actual interest cost incurred. c. When excess borrowed funds not immediately needed for construction are temporarily invested, any interest earned should be offset against interest cost incurred when determining the amount of interest cost to be capitalized. d. The minimum amount of interest to be capitalized is determined by multiplying a weighted average interest rate by the amount of average accumulated expenditures on qualifying assets during the period.
In a payoff table, the payoff values must always be expressed as profits
Indicate whether the statement is true or false