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.
The Standard International Trade Classification is a classification system maintained by the United Nations Statistics Division. The system is used to provide a standardized classification of imported and exported goods, in order to make it feasible to compare sets of import/export data regardless of country, and to have …
Standardization refers to the efforts of companies to offer a common product, to use a common marketing approach, and to make their business activities the same or uniform throughout a particular market such as a country, a region such as Europe or western Europe, or the whole world. …
The State Farm Group, headquartered in Bloomington, Illinois, is an insurance and financial services company serving the United States and parts of Canada (Alberta, New Brunswick, and Ontario). State Farm’s mission is “to help people manage the risks of everyday life, recover from the unexpected, and realize their …
With headquarters in Beijing, the State Grid Corporation of China (SGCC) is the provider of electric power throughout China, reaching 88 percent of the country’s area. It operates both the electric grid in the country as well as all power plants. In existence since 2002, it is a …
A state-owned enterprise (SOE) is a business owned or controlled by a national government. SOEs are a common instrument of government economic policy in both developed and developing countries, although concerns about their costs and performance relative to private firms have led to a worldwide privatization trend since …
The former Norwegian petroleum company, Den Norske Stats Oljeselskap AS, was founded on July 14, 1972, and operated as a private limited company wholly owned by the government of Norway after a unanimous act of parliament passed by the Norwegian Stortinget. It came about after the discovery of …
Status refers to a person’s position within a social structure. Status typically involves a ranking (on the basis of relative power and prestige) and is determined by either ascribed or achievement-oriented factors. Ascribed status is automatically transmitted to a person—usually at birth (e.g., gender, ethnicity, and family heritage). …
Stereotyping is the act of representing a group of people based on the assumption that they share certain attributes. The description, a stereotype, is typically an oversimplified, standardized conception or image due to the lack of direct knowledge and experiences those doing the stereotyping have of members of …
A stock exchange (sometimes called a securities exchange or, especially in Europe, a bourse) is both a physical facility and an organization or company that facilitates the trade of stock shares and other securities. Because so much trading is conducted outside the physical facility—electronically or through brokers—there are …
The Stockholm General Index—or the Affarsvarlden General Index—now usually known as the OMX Stockholm 30 (although this has a slightly different balance of companies), is a weighted listing of major companies traded on the Stockholm Stock Exchange in Sweden. Founded in the Swedish capital in 1863, the stock …
The Straits Times Index (STI) is compiled by the Singapore Straits Times newspaper (which is owned by Singapore Press Holdings) and is considered Singapore’s premier equity index. STI is Singapore’s main market benchmark, which has evolved as part of a partnership between Singapore Press Holdings (SPH), FTSE Group, …
An informal or formal agreement between two or more companies with a common business objective is a strategic alliance. Strategic alliances can take forms ranging from informal cooperation to joint ownership of worldwide operations. Some contractual agreements are also treated as strategic alliances when those agreements involve a …
Structured notes are a debt-based type of structured product, which the Securities and Exchange Commission (in rule 434) defines as securities whose cash flow characteristics depend upon one or more indices or that have embedded forwards or options or securities where an investor’s investment return and the issuer’s …
Subprime loans are loans offered to people who otherwise would not be able to afford a loan. People who are credit worthy are those who have a demonstrated ability to pay back the loan. Subprime borrowers are those who would be turned away by conventional lenders because their …
The term subsidiary covers a range of organizational units and subunits, be they part or wholly owned, foreign or domestic, acquisition or spin-off, formally or informally integrated. This term does imply significant legal ownership and a measure of control from the corporate headquarters (or upper) level of the …
Subsidies (or subventions) are forms of financial assistance, economic concessions, or privileges granted by government to a company, businesses, segment of an industry, or industry for the purpose of encouraging their continued existence, growth, development, and profitability (subsidies may also be granted by government to individuals as a …
The largest country in Africa and also one of the poorest, Sudan has traditionally been reliant on Egypt, which controls the mouth of the River Nile. In ancient times, the region that became Sudan, then known as Nubia, helped provide a workforce for Egypt and also supplies of …
The Suez Canal, completed in 1869, was one of the major engineering feats of the mid-19th century, helping with the European access to India and east Asia. Since ancient times, many goods were carried by land along the route of where the Suez Canal was built, but offloading …
The Sumitomo Mitsui Financial Group, Inc., (SMFG) is a financial services group established in December 2002 with ¥1.42 trillion in capital. In 2001 Sumitomo Mitsui Banking Corporation (SMBC) was created through the merger of Sumitomo Bank and Mitsui’s Sakura Bank with ¥1.277 trillion in capital. It was Japan’s …
Sunoco is the leading manufacturer and marketer of petroleum and petrochemical products. With headquarters in Philadelphia, Pennsylvania, Sunoco is one of the largest independent refiner-marketers in the United States. As of December 2007, Sunoco operated five domestic refineries with a total 910,000 barrels per day of crude oil …
