Category: Business Essay Examples
See our collection of business essay examples. These example essays are to help you understanding how to write essays on business-related topics. The word “business” can refer to a particular organization or to an entire market sector (for example: “the financial sector”) or to the sum of all economic activity (“the business sector“). Compound forms such as “agribusiness” represent subsets of the concept’s broader meaning, which encompasses all activity by suppliers of goods and services. Also, see our list of business essay topics to find the one that interests you.
Commitment is the action of committing oneself to a particular course of conduct. In management research the notion is widely used in the sense of organizational commitment, describing an individual’s psychological attachment to a group or an organization and desire to remain part of it. High organizational commitment …
The European Union system of common agricultural policy (CAP) was introduced in 1962 following the creation of the European Economic Community (EEC, the “Common Market”) in 1957 by Belgium, France, the German Federal Republic, Italy, Luxembourg, and the Netherlands. The CAP has remained through the development of the …
A common external tariff is an agreement among two or more countries to adopt identical tariff schedules for all goods being imported from other trading partners. Having a common external tariff is the central feature of a customs union, which is an agreement among countries to eliminate internal …
A common market is an advanced stage in economic integration, a process in which two or more countries, usually within a geographic region, agree to reduce barriers to economic transactions among themselves. It goes beyond a preferential trade agreement, in which the countries concerned offer each other lower …
Effective communications are vital for success in today’s business. Managers need to communicate with those they deal with—their customers, employees, vendors, and the public—in order to give directions, share ideas, motivate and elicit or disseminate needed information. Communicating takes up the majority of the time for managers and …
Global businesspeople often encounter difficulties in cross-cultural communication. These difficulties arise when people from different national cultures have a different understanding of the same concept and different ways to express their thoughts on it. In this backdrop, business people need a better understanding of the factors affecting cross-cultural …
The word communism is derived from the Latin communis meaning common or shared. Communism is a socioeconomic structure and political ideology that aims to replace profit-based economy through the abolishment of private property and the public ownership of the means of production, distribution, exchange, and subsistence. According to …
There have long been traders, both African and Arab, working throughout the African continent, but especially along rivers or along its east coast. From the late 15th century, but more particularly in the 16th century, there have been a number of European colonial companies that mainly operated under …
A widely used regional designation for Australia and the Pacific is Australasia, whose broadest scope contains the countries of Australia, New Zealand, Malaysia, the Philippines, Papua New Guinea (PNG), and the many island nations of the Pacific, such as Fiji, Samoa, and Tonga. A more narrow definition contains …
Many companies based in Central America and the Caribbean are rapidly becoming integrated into the global economy. The small size of local and regional markets has motivated several companies in this region to pursue business opportunities not only in the more developed countries of North America and western …
From ancient times, central Asia had been part of the Silk Road for trade between China and Europe, and this led to the emergence of many small trading companies in the region. It also resulted in Chinese, Turkish, and European businesspeople establishing businesses in Central Asia. Owing to …
East Asia’s roaring economies, led by China, are raising their competitive edge relative to the United States and Europe. The economies of East Asia grew by 9.8 percent in 2006 and those of the United States and Europe rose 2.2 and 1.3 percent, respectively. The entry of multinational …
Because of their location and size, and also the history of the region, Germany and Russia have tended to dominate the countries of eastern Europe, and although there have, obviously, been traders since ancient times, the first evidence of named trading companies comes from the medieval period with …
Admiral Alfred Thayer Mahan, the American naval strategist, called the region the “Middle East,” a name that has stuck though it has negative colonial connotations and is geographically inaccurate. There is no unanimity on which countries constitute the Middle East, with their number varying between 14 and 27 …
Prior to the arrival of the Europeans from the 1490s, little is known about businesses operating in North America, although it is clear that there must have been some system of barter trade between different tribes. The origins of the businesses and firms that operate in North America …
The storms of history have brought more wreckage than treasure to South American shores. Though pre Columbian civilizations like the Chavin, the Muisca, the Nazca, the Huari, and the Inca were sophisticated and often technologically superior to their North American neighbors, the continent has been at a disadvantage …
A term not always immediately familiar to American ears, south Asia consists of the sub-Himalayan countries in a southern region of Asia: Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, Sri Lanka—all of which are members of the South Asian Association for Regional Cooperation (SAARC)—as well as the British …
Trading companies had operated in Europe since ancient times, and there is evidence of some of these from Roman times. Perhaps the largest “inter-country” private business operation of the mid third century b.c.e. was the Carthaginian colony on the east coast of Spain, where they extracted silver that …
When challenged to provide a nontrivial, nonobvious economic insight, Nobel laureate Paul Samuelson listed comparative advantage. Despite general agreement on the topic in the economics profession since David Ricardo’s 1817 formulation in his On the Principles of Political Economy and Taxation, comparative advantage remains one of the more …
Compensation as a human resources management (HRM) practice is the linkage between reward and employee satisfaction. Modern organizations can adopt various HRM practices to enhance employee satisfaction. The form and structure of an organization’s HRM system can affect employee motivation levels in several ways. HRM practices in general …