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.
Liquidity (or market liquidity) is the ease with which financial market participants can quickly execute large trades without significantly impacting prices. An investor buys a financial instrument in a liquid market with confidence that there will be a ready prospect for its sale in the future. In the …
The southernmost of the Baltic States, in medieval times Lithuania was a powerful kingdom in eastern Europe, and as part of the Polish-Lithuanian Federation, was one of the largest and most powerful entities during the 16th century. It became a part of the Russian Empire in the 18th …
The Lloyds TSB Group came from a merger of Lloyds Bank and the Trustee Savings Bank. Lloyds Bank itself was one of the oldest banks in the United Kingdom and was established as a company in 1765—at that stage providing a private banking service—called Taylors and Lloyds in …
Lobbying refers to attempts to influence policy decisions made by elected officials. The term originated in the political systems of the United States and United Kingdom during the 19th century when efforts to influence the votes of lawmakers were conducted in the entrance hall (or “lobby”) of parliamentary …
All firms that operate in a single, domestic context have to design and implement product, pricing, promotional, and distribution strategies to compete effectively in their respective markets. On the other hand, firms that operate on an international scale face an additional challenge that must be tackled before they …
The standard economic textbook treatment of competition gives the impression that production and consumption take place on the head of a pin, as if space did not matter. In reality, of course, space does matter, in ways that constrain the boundaries of competitive domains and the intensity of …
Localization is an international strategy that some companies pursue in their international business operations. Companies pursuing localization try to modify their products and services so that products have local features demanded by local consumers and are suitable to laws and standards. The modifications needed to localize products can …
Locational or location-specific advantages refer to various business opportunities present in individual foreign markets so that companies are encouraged to invest in such markets. Companies invest in a particular foreign market as long as this market has something to offer to the company so that investment in this …
Local nationals (or locals) are the citizens that reside in a multinational corporation’s host country. When an organization decides to venture out into global markets, it may elect to send some of its current employees to start the business with the intent of integrating local nationals into the …
Lockheed Martin is a multinational company established in 1995 through the merger of the Lockheed Corporation with Martin-Marietta. The Lockheed Corporation and the Martin Company were originally incorporated in California in 1912. Martin-Marietta was founded in 1961 through the merger of the Martin Company with the American-Marietta Corporation. …
The Lombard rate used to be a key interest rate in Germany, although such rate existed in France, Belgium, and Switzerland as well. The Lombard rate was the interest rate charged by the German central bank, the Bundesbank, for very short-term loans made to commercial banks against collateral …
Lowe’s (Lowe’s Companies, Inc.) is the world’s second largest home improvement retailer (after The Home Depot, Inc.). It focuses on retail customers and commercial business customers. Lowe’s offers a complete line of products and services for home decorating, maintenance, repair, remodeling, and the maintenance of commercial buildings. Lowe’s …
Low wage production is one of the most controversial issues in business analysis. Low wages can be found in both advanced and poor economies. Conventional economic theory suggests that there is no problem so long as factors of production, including labor, are paid their marginal product. If wages …
Loyalty, or customer loyalty, means that customers exhibit a commitment to, or a relationship with, an organization such as a retailer, a leisure service provider, a bank, or an airline. Loyal customers mean that the organization has a higher level of customer retention and thereby a more stable …
LUKOIL (LSE: LKOD; NASDAQ: LUKOY; RTS: LKOH) is a Russian leader and significant global player in exploration and production of oil and natural gas. In 2007 the company accounted for 18.6 percent of Russian oil production and 18.1 percent of Russian oil refining. Globally, the company reported having …
A landlocked country in Western Europe, Luxembourg (998 sq. mi., population 480,222, gross domestic product $38 billion in 2007) is a hub of its economic and political activity. Once a part of the Low Countries that produced so much of the fine art and music of the late …
The Maastricht Treaty is the supranational agreement that created the European Union (EU) and moved member states closer to economic and political unity. Also known as the Treaty on European Union, it derives its name from the Dutch city Maastricht in which it was signed on February 7, …
Macroeconomics is a part of economic analysis that focuses on the understanding of economic issues at the aggregated level. It is related to microeconomic analysis, which pursues the study of the individual economic behavior of economic agents such as households, firms, and governments and deals with the issue …
The Índice General de la Bolsa de Madrid (IGBM), or Madrid General Index, represents the most relevant set of indices in Spain besides the IBEX 35. The Madrid General Index is comprised of a changing number of stocks (currently more than 100) that are traded in the Bolsa …
The term make-or-buy decision represents the decision of firms to organize their goods and services internally or externally. This decision is so central to the functioning of businesses that it has attracted scholars from multiple disciplines such as supply chains, vertical integration, technology, flexibility, allocation of resources, large …
