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.
The harmonized system, or as it is more formally known, the harmonized commodity description and coding system, is an international classification system designed to facilitate the collection of trade statistics as well as to assist in the collection of tariffs and customs duties. For decades, individual nations used …
The HBOS group provides business, corporate, and retail banking, insurance, and investment services to 23 million customers in both the United Kingdom (UK) and internationally. While 86 percent of its profits are currently generated in the UK, the balance is provided from operations in Australia, North America, Ireland, …
The organized provision and delivery of healthcare services constitutes a healthcare system. The 2000 World Health Report states the goals for healthcare systems to include good health; making the health status of the entire population as good as possible across the entire life cycle; responsiveness to the expectations …
The Heckscher-Ohlin model (H-O model) was constructed to understand the role of productive resources in international trade, analyzing an economy in which two goods are produced using two factors of production. It is a general equilibrium model that extends some important results of the comparative advantage theory developed …
Hedging is a strategy applied to minimize risk. It also involves the synthetic insurance, i.e., the implementation of a dynamic trading strategy that determines the lower bound on the value of a position. Market participants in the 18th century realized the importance of avoiding uncertainty and created futures …
Hewlett-Packard (HP) is a technology company headquartered in Palo Alto, California, that operates in more than 170 countries worldwide. It was founded in 1939 and is a Fortune 11 company with $91.7 billion in revenue, generating $7 billion in organic growth for fiscal year 2006. It produces and …
Hitachi, Ltd., a global Japanese company whose products include electronics equipment, home appliances, train cars, elevators, escalators, computers, mobile devices, power plants, and industrial machinery, originated in 1910 in the electric repair shop of Namihei Odaira. The company’s first product was three 5horsepower (hp) motors, and in 1915, …
Geert Hofstede identifies five cultural dimensions, which assign mathematical scores designating a particular country’s beliefs about each of the dimensions. The five cultural dimensions are power distance (PDI), individualism (IDV), masculinity (MAS), uncertainty avoidance index (UAI), and long-term orientation (LTO). These ideas were first based on a large …
The term holiday is derived from medieval Christian religious festivities that were collectively called “Holy Days.” General usage of the word has transcended from Christian days of religious observance to include other religions’ and secular celebrations and individual vacations. International business operations can be significantly impacted by national …
The home country is the country in which a firm was founded and/or is considered to be the firm’s traditional base. This is generally a simple concept and remains simple as long as the firm retains its headquarters in the original home country. Thus BMW considers Germany to …
The Home Depot, Inc., a large American retailer specializing in home improvement products, claims to be the largest retailer of its type in the world. Their stores offer building materials, home improvement supplies, and lawn and garden products that are sold to do-it-yourself customers, do-it-for-me customers, home improvement …
The growth of the Honda Motor Corporation is inseparable from the explosive surge of the Japanese automotive, truck, and motorcycle manufacturing sector in the aftermath of World War II. That expansion is remarkable. In 1950 the combined total for production of cars, trucks, and buses was around 29,000 …
Hong Kong is one of two special administrative regions of the People’s Republic of China. It is located on the eastern side of the Pearl River Delta. The territory includes Hong Kong Island, Lantau Island, the Kowloon Peninsula, and the New Territories. Its total area is 1,104 sq. …
International business is a scientific discipline that is rapidly evolving in parallel with the efforts of most firms to engage themselves in foreign operations. It researches business activity in an international context at the country, firm, or consumer levels. In particular, the international activity of firms presupposes the …
The hospitality sector of the economy comprises two distinct but related industries, the hotel industry and the restaurant industry. The term is also often used to describe a larger system of companies that are interrelated conceptually or operationally in the food, beverage, travel, tourism, transportation, cruise, casino, theme …
A hostile takeover is a corporate acquisition that is forcefully resisted by the target firm’s top management and board of directors. Although they constitute less than 3 percent of all merger and acquisition (M&A) activity, hostile takeovers have long garnered a disproportionately large share of attention from the …
Typically an allowance paid to expatriates on long-term international assignments, a housing allowance is a financial benefit included in an expatriate’s remuneration package to cover the costs of housing in a new location. With the possible exception of foreign taxes and school fees, housing is usually the most …
Promoting its slogan “the world’s local bank,” HSBC is one of the largest banking and financial services organizations in the world. While HSBC Holdings plc is incorporated in England and headquartered in London (although only from 1993; it was previously based in Hong Kong), it has operations throughout …
North America’s oldest continuously operating commercial enterprise, the Hudson’s Bay Company (HBC), officially known as The Governor and Company of Adventurers of England trading into Hudson’s Bay, was founded on May 2, 1670, to trade with aboriginals in Canada, mostly for furs. At one time the HBC was …
Hungary is a small, landlocked, central European country, capital Budapest, with a population of 10 million. Although its international economic reputation suffered in the first decade of the new century, it has established a positive image as a progressive post-communist state. The modern Hungarian state is a product …