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.
Regional integration is an arrangement between nation states to cooperate in some comprehensive way for their mutual benefit. The term usually applies to neighboring states, and it usually entails a series of agreements to benefit the well-being of the region—for example, by promoting free trade, enabling easier flow …
A number of multilateral trade agreements have accelerated the pace of global integration. NAFTA has expanded trade between the United States, Canada, and Mexico. The General Agreement on Tariffs and Trade (GATT), which was ratified by more than 120 nations in 1994, has created the World Trade Organization …
As embodied in administrative rules, public regulation is any attempt by the executive branch of government to implement statutory law controlling the behavior of citizens, business and nonprofit enterprises, and subunits of national or state/regional/ provincial governments. In effect, public regulation is the government’s attempt to limit the …
The term relationship marketing implicitly recognizes the importance of both the buyer (the customer) and the seller in the marketing process. Beginning in the 1960s, marketing practitioners and scholars (like Theodore Levitt and Philip Kotler) began to emphasize that marketing truly was an “exchange” in which both parties …
The French automobile manufacturer Renault takes its name from Louis Renault, the company’s founder, and is currently the fourth-largest automaker in the world. It was founded by Louis, Marcel, and Fernand Renault, and also Thomas Evert and Julian Wyer, with Louis Renault being the main force behind the …
Repsol YPF is an integrated international oil and gas company with headquarters in Madrid, Spain. It operates in more than 30 countries and is the industry leader in Spain and Argentina. It is one of the 10 major private oil companies in the world and the largest private …
Research and development (R&D) is defined by the Organisation for Economic Co-operation and Development as “creative work undertaken on a systematic basis in order to increase the stock of knowledge … and the use of this stock of knowledge to devise new applications.” As this definition indicates, R&D …
Mixed methods research is a field of inquiry that uses both qualitative and quantitative methods to answer research questions within a single study. The application of mixed methods research in social sciences can be traced at least to the beginning of the 20th century. The research is considered …
Qualitative research is a field of inquiry that usually emphasizes words rather than numbers in data collection and analysis, is inductive in nature, and more concerned with rich description and meaning than causal connections and generalizations. The origins of qualitative research date back to the beginning of the …
Quantitative research is a field of inquiry that emphasizes numbers, is often deductive in nature, concentrates on hypotheses testing, and aims to uncover causal connections between different phenomena as well as to make generalizations. Quantitative research is often associated with a positivist paradigm. Positivists tend to see the …
A reserve currency is one in which institutions (mostly central banks, but also financial institutions or individuals) hold their nondomestic-currency reserves. A reserve currency must meet the requirements of an international currency and there must also be sufficient supply of the currency. Over the past decade, the U.S. …
Resource-seeking investment is one of the types of foreign direct investment; it mainly focuses on rich raw materials, low-cost unskilled and skilled labor, technological assets, and physical infrastructure. According to the United Nations Conference on Trade and Development (UNCTAD), resource-seeking investment was the most common foreign direct investment …
Retail capital markets are national and international exchanges, mostly formal though informal in some cases, where individuals can invest or obtain funds; because of the small size of most of these transactions, usually financial intermediaries such as banks or share brokers are involved. Retail capital markets can be …
Retailing involves all the activities used to sell goods and services directly to final consumers for personal nonbusiness use; global retailing represents retailing activities that cross national boundaries. Over the past several centuries, entrepreneurial merchants have ventured abroad to exchange merchandise and open retail operations. International trading and …
Reuters, the world’s largest international multimedia news organization, provides a variety of news-related services including newswires, pictures, video, online syndication, and news graphics. In 2008 the company employed 2,400 journalists reporting from 196 bureaus. In 2007, it filed over 3 million news items in 132 countries. According to …
Revaluation occurs when a government or its central bank increases the official price at which its currency can be bought on the foreign exchange (Forex) market. For example, suppose that the current U.S. dollar (USD)/British pound (GBP) exchange rate was 2:1, meaning that $2 had to be given …
Reverse engineering refers to any activity that analyzes a product to determine either how it works or the principles underlying its functioning. Starting from the product itself, an attempt is made to derive an earlier stage in the design and development process; this could be a detailed design, …
Risk is a concept that refers to a possibility of occurrence of some undesirable event and is closely related to uncertainty. There is no universally accepted definition of risk. Risk has been considered in many academic disciplines and treated from various points of view. It has been studied …
Human beings have been taking and managing risks for centuries. Peter Bernstein argues that the mastery of risk is what separates ancient from modern times. He attributes the calculation of probabilities, beginning in 16th-century Italy, with our ability to quantify risk and to make informed decisions on the …
Robotics is the design, construction, and use of machines (robots) to perform tasks traditionally done by human beings. Although there is no consensus regarding the definition of the term robot, it is commonly defined as a mechanism that can sense its environment, process what it senses, and act …