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.
Throughout the early modern period, as communications increased in speed and effectiveness, there were attempts to make larger capital markets, with the end goal being the creation of a global capital market where money can be raised internationally, allowing for greater access by all companies to the same …
The Global Competitiveness Index (GCI) is an aggregate measure of the set of critical factors that, as a group, determine the degree to which countries are expected to achieve levels of economic prosperity in the short and medium term. The GCI, introduced in 2004, was developed by Columbia …
The global digital divide refers to differences in Internet and other telecommunications access and usage across countries. The global digital divide encompasses two concepts. First, there is a divide in access and usage across definable groups within countries, and second, there is a divide in access and usage …
Globalization is the ever-increasing process of integration of local and regional markets into one unitary market of products, services and capital. The main results of this process have been an increase in the interdependence of traditionally national markets on the macroeconomic level and the internationalization of corporate processes, …
According to the Oxford English Dictionary, the use of the term globalization emerged in an article in the October 5, 1962, issue of The Spectator. However, it was not until the early 1980s that the term began to take shape within academia. Since then, the term globalization has …
A key approach to understanding culture in international management has been to study work-related values as expressed through national culture (a national culture approach assumes that members of a nation share a common ancestry and identity, thereby establishing the basis for a shared culture). Initiated by Robert J. …
Global product divisions are part of a multinational’s organizational structure when the primary division of the firm’s activities is based on product (or service) categories. For example, an automobile manufacturing firm may be primarily divided into a truck division, a passenger car division, and an SUV division; or …
A multinational firm’s organizational structure that reflects the “global” philosophy that the world is basically one homogeneous market is called a “global structure.” For example, by this philosophy, many large electronics and consulting firms, while allowing for minor local adjustments to packaging and language, basically project the same …
The Gnomes of Zurich is an old tongue-in-cheek term for the Swiss market, and especially Swiss bankers. The term was first used by Harold Wilson, the Shadow Chancellor of the British Parliament in 1964, who believed the Swiss were speculating on the British pound on foreign markets in …
The gold standard was a fixed exchange rate system that operated as the primary monetary regime of the international economy from the late 19th century through to the outbreak of World War I. The apparent virtues of the gold standard lay in (1) its ability to eliminate exchange …
A government bond is a security issue by the national government of a particular country that gives the right to the bearer to request the promised interest to be paid in agreed intervals (usually annually). This is a special type of bond, based on the qualities of the …
Greece’s official name is the Hellenic Republic and the official form of government is the presidential parliamentary republic. Other conventional names include the names Hellas or Ellada. It is a Mediterranean country in southern Europe comprising an area of 131,944 sq. km and with an extended coastline of …
The term Green Revolution refers to the series of advances in agriculture and agronomy that led to exponentially higher cereal harvests in the 1960s and 1970s, especially in food-scarce nations in Asia and Latin America. Genetic improvement of high yield plant seed was fundamental to the increases, but …
Grey market (also sometimes known as “gray market”) involves the trade of legal goods through unauthorized, unofficial, and unintended channels of distribution. Hence, trademarked products are often exported from one country to another and sold by unauthorized individuals or firms. This practice is also often known as parallel …
Decisions about allocation of a society’s resources require some understanding of how these decisions will affect the welfare of the citizens. The most convenient measure for the welfare of citizens has been found to be the volume of goods and services available in the society. Ideally we would …
The Group of Twenty Finance Ministers and Central Bank Governors, or G20, draws its members from 19 of the 25 largest national economies, plus one member representing the European Union as a whole. G20 is used to refer either to that specific group (which has no support staff …
Guanxi is a Chinese word for which the closest English synonyms are connections and relationships, although neither of these words best encapsulates the broader cultural implications that guanxi represents. It refers to the dynamic and complex nature of friendships, trust, interpersonal relationships, and the construction of closed family …
Guatemala is a Central American country that shares borders with Mexico, Belize, Honduras, and El Salvador. Its economy is heavily reliant on the agricultural sector, in particular the export of bananas, coffee, sugar, textiles, and fresh vegetables. Its population is over 12.7 million (2007). With a highly unequal …
The Hang Seng Index (HSI) is the internationally recognized stock market indicator of the Stock Exchange of Hong Kong (SEHK). The HSI is a free-float capitalization-weighted index of selected companies listed on the Hong Kong exchange. The index was developed on July 31, 1964, with an initial base …
The Hanseatic League (the “Hanse”) was a regional alliance of North German cities and towns that operated to control trade along the Baltic and North Seas and thrived during the late Middle Ages. Historians point to the Hanse as an early example of regional integration within Europe. Indeed, …
