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.
Attempting to explain patterns of international trade, Raymond Vernon observed a circular phenomenon in the composition of trade between countries in the world market. Advanced countries, which have the ability and competence to innovate as well as high-income levels and mass consumption, become initial exporters of goods. However, …
Profit-sharing is an incentive pay system where the employees are entitled to a predetermined part of the company’s profits. It can be applied in various ways and for various reasons. In the theoretical literature, profit-sharing is often seen as an arrangement with the purpose of aligning the interests …
Promotion is one of the four activities traditionally included in the marketing mix (the other three being product, price, and place). Promotion aims to increase the customer’s familiarity with the product by using a vast array of techniques and tools. Activities included in the promotion mix consist of …
A prospectus is a document that provides detailed information about an investment. The prospectus first arrived in the investment arena with the Securities Act of 1933, which was created to improve investor confidence, prohibit fraud and misrepresentation in securities, and facilitate the creation of the Securities and Exchange …
Prudential plc is a holding company headquartered in London, England, created in October 1999. The company was founded in 1848 as the Prudential Mutual Assurance Investment and Loan Association and provided loans secured by life insurance to professional people. Prudential became a limited company in 1881 and became …
Prudential Financial (Prudential Financial, Inc.), as a holding company, is one of the biggest insurance companies in the United States. The company offers a variety of financial products and services, including life insurance, mutual funds, annuities, pension and retirement-related services, asset management, banking and trust services. Prudential Financial …
Public finance is concerned with the financing and administration of government activities—and thus includes taxation, expenditure, fiscal policies, monetary reform, and so forth. Public finance reform seeks to streamline and improve these activities. Tax Reform Not all advocates of tax reform want the same thing. In the United …
Public relations (PR) is the business function charged with planning and managing an organization’s relationships with key stakeholders through the effective use of a range of communication channels and methods. The purpose of public relations is to gain and maximize the support of stakeholders for the organization and …
The theory of purchasing power parity (PPP) explains movements in exchange rates by changes in countries’ price levels. It is derived from the “law of one price,” which says that identical goods should sell for the same price in all countries if there are no impediments to international …
With a population of about a million people and an area smaller than Connecticut, the 11,500 sq. km of Qatar are home to Al Jazeera, the Arab world’s most popular television network; the U.S. military’s Central Command; the Doha Round of World Trade Organization (WTO) negotiations; and the …
Quality as defined by the American National Standard Institute (ANSI) and the American Society for Quality (ASQ) is the totality of features and characteristics of a product or service that bears on its ability to satisfy stated or implied needs. Quality is a subjective term for which each …
The systematic approach to quality control was developed in industrial manufacturing in the interwar years. With the impact of mass production required during World War II, it became necessary to introduce a more rigorous form of quality control. Some of the initial work is credited to Walter Shewhart …
A quota is a threshold quantity, used as either a minimum required (such as in a sales quota) or a maximum permitted (such as an import quota), depending on the context. The purpose of a quota is to control the degree of variation in a factor. A sales …
The meaning of a real hedge varies with the context in which it is used. A real hedge involves taking of positions by investors to alter their exposure to risk. The term real hedge is most widely used in the risk management literature to mean a hedge based …
Recruitment is the process of generating a pool of qualified candidates for a particular job. The firm must announce the job’s availability to the market (inside and outside the organization) and attract qualified candidates to apply. To date most of the research conducted has addressed recruitment sources, recruiters, …
In business terminology, redundancy is the condition of having more employees—specifically, more man-hours of labor—than there is work that needs to be done. Though desirable in some sense, as it can be the consequence of improved efficiency particularly if demand does not increase enough to take up the …
Reentry of expatriates (or repatriation) refers to the process and the outcomes of the return to the home country of employees who have been sent on assignments abroad. The reentry of expatriates has been given minimal attention until recently, as most practitioners and scholars focused on problems faced …
A multinational organization is able to pursue one of a number of different approaches in relation to its international staffing. One of these approaches is the regiocentric staffing approach. A regiocentric approach is applicable to situations where regional groups of subsidiaries reflecting the organization’s strategy and structure work …
Regional development banks (RDBs) are public regional financial organizations established by governments of countries in a region with an aim to spur economic development in a region (or continent). They are, to a large extent, the result of mimicking the International Bank for Reconstruction and Development (IBRD), better …
A regional division is a multinational firm’s organizational structure by which the primary division of the firm is by a small number of geographic regions. For example, an insurance firm may be primarily divided into four regional divisions (Americas, Africa/Middle East, Asia/Pacific, Europe), and each of these divisions …
