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.
Malaysia is located in southeastern Asia on a peninsula bordering Thailand to the north, the northern one-third of the island of Borneo bordering Indonesia, Brunei, and the South China Sea, south of Vietnam. The country is slightly larger than New Mexico. The capitol of Malaysia is Kuala Lumpur. …
The current worldwide financial environment is called a managed (or dirty) float regime. With national and regional economies increasingly intertwined, currencies are almost universally managed by central authorities: While exchange rates fluctuate daily, central banks or other institutions buy and sell currencies in order to influence their value. …
Management is the process that organizations use to reach their goals utilizing people and other resources. Organizations and the environments that they are located in are changing quickly and significantly. Traditional hierarchical command and structured organizations are proving too slow and costly for the 21st century. Rather than …
Management development is the organized approach to prepare individuals to better achieve career and collective goals by working with and through human and nonhuman resources in order to continually add value to the world and its stakeholders. Managers who do things fast and rapidly achieve career and organizational …
As organizations have grown in size and scale over time, so too has the need for the systematic training and development of managers. To fill that void, there has been an increasing creation and utilization of programs in which knowledge about the distinct functions of organizations could be …
The field of management information systems (MIS) is concerned with a special class of information systems, used to evaluate other information systems in use in the operations of an organization, and to automate, support, and supplement human decision making processes involved in those operations. Like other information systems, …
Management research reflects the broad, eclectic, interdisciplinary character of both the academic field of management and management practice. Research within management can range widely from highly quantitative, positivist, and functionalist studies to qualitative, postmodernist, and critical approaches, and to trans disciplinary work that transcends traditional boundaries between different …
Management science (also known as operational, or operations, research) is an interdisciplinary field that assists decision making through the design and provision of quantitative and qualitative models of problematic situations. More than any other war before it, World War II challenged the opposing armies with problems concerning logistics, …
Many definitions of accounting exist, although a popular one is that formulated by the American Accounting Association: “the process of identifying, measuring and communicating economic information to permit informed judgments and decisions by users of the information.” It is important to note, however, that all the information so …
The word manufacturing has its roots in three ancient Latin words: manu, meaning by hand; facere, meaning to make; and faber, or maker. Recent definitions have expanded this definition into “to make from raw materials by hand or machinery.” The Department of Trade and Industry of the British …
A manufacturing strategy can be defined as the pattern of organizational decisions that determine the ability of a manufacturing firm to deliver its product and service requirements to customers. Successful implementation of manufacturing strategies requires the coordination of physical assets, production capabilities, and relationships as manufacturing firms move …
The yield of a manufacturing process or of any production line is of paramount importance to manufacturers as it is directly related to corporate profitability. For many manufacturing companies, the only alternative to remain competitive is to improve yield. Manufacturing yield is generally considered to be a measure …
Maquiladoras are plants devoted to producing or assembling intermediate goods required by other companies in their productive processes, so they are part of productive chains for activities of international subcontracting. They operate under a special tax system that allows them to import inputs and components free of tariffs …
Marathon Oil (Marathon Oil Corp.) is one of the largest integrated oil companies in the United States. It is engaged in exploration and production of crude oil and natural gas. It was incorporated in 1965, and now employs about 30,000 people (as of January 1, 2008). The company …
A market audit examines a company from a marketing perspective, just as a financial audit, tax audit, or IT audit examines a company from each of their own perspectives. However, while those audits focus principally on internal data, a market audit gathers a great deal of information from …
A market-basket currency is a form of money (medium of exchange) whose value is determined as a weighted average of the value of other currencies. The term is often confused with the term currency basket, which is actually the group of selected currencies. Typically, the currency basket is …
Market development implies seeking out new buyer groups as potential customers for a firm’s existing products and services. These customers may be currently served by competitors or may not currently consume such offerings. For example, a firm that successfully makes and sells coffee to the retail market in …
Market imperfections arise from violating the assumptions of perfect competition as described in neoclassical economics. The neoclassical market model ensures an efficient allocation of all goods and incomes. Moreover, competing vendors can build their business strategy on the equilibrium price because nobody will be motivated to offer or …
Marketing identifies unfulfilled needs and desires and satisfies those needs and desires in the target market. Marketing entails an entire process that involves identifying opportunities in the market that have potential to make a profit, developing a new product, attracting the customer to the product or service, keeping …
A market maker is a bank or brokerage company that continuously publicly displays (quotes) ask and bid prices (for a guaranteed number of shares) at which they will sell or buy during the trading days. This financial operator ensures the liquidity and efficiency of the financial markets (making …
