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.
With headquarters in Paris, the Organisation for Economic Co-operation and Development (OECD) began in 1948 as the Organization for European Economic Co-operation (OEEC), to promote the Marshall Plan for the reconstruction of Europe after World War II. Membership of the OEEC was gradually extended to non-European states, and …
The Oslo Stock Exchange is a medium-sized stock exchange based in Oslo, Norway. Domestic market capitalization, or the number of issued shares of domestic companies, including their several classes, multiplied by their respective prices at a given time, is $353,353 million (2007)—an increase of 26.2 percent from 2006, …
Outsourcing, also known as blind off-shoring, is a process by which companies hire other companies, usually located in other countries, to perform lower level work. The main motivation behind the practice of outsourcing is for a company to minimize its costs while at the same time increase its …
The Overseas Private Investment Corporation (OPIC) has played a vital role in advancing globalization for over three and a half decades. It does so by encouraging outward foreign investment by U.S. businesses to developing countries. Established in 1971, OPIC is an agency of the U.S. government that advances …
Overtime occurs when an employer requires or permits an employee to work extra hours over and above their normal working hours for the day or week. Where overtime is worked, this can take the form of paid overtime (normally at a premium rate), unpaid overtime, or the hours …
The Pacific Rim is the name given to the countries located on the edges of the Pacific Ocean, and is a term generally associated with economic interaction among these countries. Together, they account for some 42 percent of the world’s population, and about 56 percent of the world’s …
Pakistan is on the northwest border of India and also shares borders with Iran, Afghanistan, and China. The country emerged in 1947 from the partition of India when the British left. Pakistan is an active member of the United Nations. With a population of 169.3 million, it is …
This Central American country was occupied by the Spanish from the 1510s and gained its independence as part of Gran Colombia in 1821, becoming an independent republic in 1903. The move to independence centered on Panama’s position, which eventually led to the building of the Panama Canal. Under …
Parent country nationals (PCNs) are employees who are citizens of and are hired from the nation where an organization has its original and current headquarters (the parent country). PCNs are distinct from host country nationals (HCNs), who are staff hired from the country where the international subsidiary is …
A patent is a contract between society as a whole and an individual inventor. The objective of a patent is to provide the holder a temporary monopoly on his or her innovation and thus to encourage the creation and disclosure of new ideas and innovations in the marketplace. …
Payroll taxes are of two types: they are either taxes that must be paid by an employer (employer payroll taxes) or they are taxes employees must pay (employee payroll taxes). The requirement to withhold taxes from the wages or salaries paid to employees forces employers to deduct the …
A pegged exchange rate exists when a government fixes the value of its country’s currency to that of another country or group of countries (the reference currency/currencies). As a result, when the value of the reference currency/currencies rises, so does the value of the pegged currency, and when …
Pemex is a Mexican state-owned oil company that operates throughout Mexico. The company is so large that its revenues account for as much as one-third of the Mexican government’s entire revenue, and for about 7 percent of Mexico’s export earnings. The company is involved in exploration, production, refining, …
A pension is an income given to an individual after retirement. Different systems exist to provide and fund this pension, both private (generally employer-pro-vided) and public (provided by the government). In the United States, Social Security is the closest analogue to a public pension system, though it is …
One of the major manufacturers in the world of carbonated and noncarbonated drinks, and also many other foods, the Pepsi-Cola Company was established in 1898 and only became PepsiCo after its merger with Frito-Lay in 1965. The original founder of Pepsi-Cola was Caleb Bradham (1867–1934), who lived in …
The term periphery refers, collectively, to the poor, unindustrialized, and underdeveloped nations of the world that are not heavily involved in global economic activity. Prime examples of peripheral countries include poor, largely inwardly focused, agrarian African nations such as Burundi, the Democratic Republic of the Congo, Ethiopia, Mozambique, …
The Revised and Updated Illustrated Oxford Dictionary defines perquisite as “an extra profit or allowance additional to a main income” and also as “an incidental benefit attached to employment.” A perquisite is informally called a perk; a company car is a common perk for mid and upper-management positions. …
Persuasion, by definition, involves changing the opinion of another person. However, the process is significantly more complicated than mere manipulation. Effective persuasion involves a thorough understanding of the other person’s interests and needs, detailed preparation and planning, and a carefully structured communication strategy. There are also several psychological …
Peru is a liberal economy enjoying six consecutive years of growth as of 2008. The rate of growth for 2008 was 9.2 percent, which is one of the highest in the world. The country is the third-largest in South America, and almost all the world’s climates are represented …
Petrobras (Petroleo Brasileiro) is a state-controlled integrated energy company. Headquartered in Rio de Janeiro, Petrobras, along with its subsidiaries, engages in the exploration, production, refining, and transportation of oil from reservoir wells, shale oil, and other rocks. It owns and operates thermoelectric, petrochemical, and fertilizer plants, and is …
