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.
Exchange rate volatility is a measure of the fluctuations in an exchange rate. It can be measured on an hourly, daily, or annual basis. Based on the assumption that changes in an exchange rate follow a normal distribution, volatility provides an idea of how much the exchange rate …
Ex-Factory, or Ex-Works (EXW), is an INCOTERM, one of the 13 international commercial terms used to describe the responsibilities of buyers and sellers in an international trade transaction. Standardized trade terms have a long history to which INCOTERMs are a relatively recent addition. These terms were originally deployed …
The purpose of the Export-Import Bank of the United States (Ex-Im Bank) is “to assist in financing the export of U.S. goods and services to international markets.” The Ex-Im Bank provides export financing solutions that fill gaps in trade financing arising when the private sector is unable or …
Expatriates are a distinct form of cross-cultural traveler, principally characterized by the duration and purpose of their presence in the host country. An expatriate can be defined as an individual who lives temporarily outside their home country in order to undertake a specific job, project, or assignment. This …
Export is a process in which products are shipped or sent from one country to another country for the purpose of trade or sale; it is the opposite of import. For example, Company A located in the United States sells and sends its products from the United States …
National governments have a vested interest in a high export quota. Not only do exports allow for the accumulation of foreign exchange reserves, exports also increase employment levels, improve productivity, and foster overall prosperity. At the same time, governments recognize the formal trade barriers and the practical challenges …
In today’s business, competition in all export transactions takes place not only in the fields of product quality and pricing, but also in attractive payment terms offered by the exporter to the foreign buyer. Extending credit to foreign customers can be seen as a crucial means of enhancing …
Export management companies (EMCs) act for contracting organizations as outsourced international trade intermediaries for products or services in overseas markets, usually in lieu of an in-house export or international marketing department. Offering full-service export assistance, EMCs can vary in size, scope, geographic areas of operations, and level of …
Export-oriented development was a set of market driven prescriptions based on the policies followed by high-growth developing countries. Their adoption in developing countries was driven by a need to overcome the failures caused by inward-oriented, state driven industrial policies. Performance of export-led development has been mixed, leading to …
Export processing zones (EPZs) are specific geographic locations, physical sites, business premises, buildings and/or assigned localities that have special tax, tariff, or investment incentives and customs (duty) regimes in order to promote export-oriented industry and transactions. Traditionally, EPZs include locations that house special economic zones, free trade zones, …
Export subsidies are attempts by a government to interfere with the free flow of exports. They are payments to a firm or individual for shipping a good abroad. Similar to taxes, export subsidies can be specific (a fixed sum per unit) or ad valorem (a proportion of the …
An export trading company (ETC) is a business entity engaged in export trade. It provides export-related services for industries or other economic operators aiming at selling products in foreign markets. An export trading company may warehouse, ship, and insure goods; in addition, it can supply customers with market …
Expropriation is a broad term. In Canada, it is analogous to the principle of eminent domain: A government or body empowered by that government expropriates property when it takes it from a private owner without consent and without consent being required; it does this as directed or allowed …
External debt, in its most general sense, denotes a payment obligation in which the debtor (entity that obtained resources) and the creditor (entity that supplied the resources) are separate and in essence distinct units. The offshoot of this perspective is that creating or terminating the debt generates a …
Labor markets provide a mechanism for employers and employees to agree on terms for exchanging labor input for wages. In accepting an employment relationship, a worker agrees to receive wages (and other inducements) in exchange for submitting to the directives of the employing organization within some zone of …
ExxonMobil Corp. is the world’s largest publicly traded oil company, and one of the largest U.S. companies, with $404 billion in revenue in 2007 and a market valuation of $504 billion at year end. In 2007 the Irving, Texas-based company produced roughly 3 percent of the world’s oil. …
Facility comprises the physical resources such as land, plant, machinery, and equipment that are brought together at one geographic location for the purpose of producing particular goods and/or services. Decisions on these resources are therefore of paramount importance for firms, not least because they involve large capital investments; …
Factor endowments refer to the resources a country possesses. Traditionally, land, labor, capital, and natural resources were considered as important factor endowments determining the prosperity of a nation. A greater endowment of these resources and subsequent exploitation for value-adding activities is expected to lead to more wealth creation …
The modern fair trade movement evolved in Europe during the 1960s as an outgrowth of leftist student organizations protesting multinational corporations’ “exploitative” trade relationships with producers in economically vulnerable developing countries. In 1968 the United Nations Conference on Trade and Development adopted “Trade not Aid” as its mantra, …
Feng shui (pronounced “fung-shway”), literally “wind and water,” is a 3,500-year-old Chinese body of knowledge, the “science of placement,” that advances the proposition that the buildings humans use can affect the quality of their lives. The design system is directed to allow users of an environment to benefit …
