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.
As perhaps the most central of human resources (HR) systems, performance appraisal has commanded the attention of organizational scientists for many years. In the organizational context, performance is usually defined as the extent to which an organizational member contributes to achieving the goals of the organization. Performance appraisal …
International market entry always warrants a careful assessment of the risk associated with foreign target countries. In evaluating and selecting foreign markets, companies may choose to follow a highly customized country-by-country approach or to work with established country-comparisons. One such established comparison is BERI. BERI, or Business Environment …
Berkshire Hathaway, Inc. (Berkshire) is a holding company incorporated in Delaware that owns a diverse set of subsidiary businesses. Its corporate headquarters is located in Omaha, Nebraska. As of the end of 2007, Berkshire and its subsidiaries employed about 233,000 persons. Berkshire is a unique company in two …
Best Buy was founded in 1966 by Richard M. Schulze and James Wheeler in St. Paul, Minnesota, under the original name “Sound of Music Store.” This retailing company, offering mainly consumer electronics, and has more than 150,000 employees. The headquarters are in Richfield, Minnesota, and the Best Buy …
In 1977 Union Carbide India Limited (UCIL) set up a manufacturing facility in Bhopal, a city of some 900,000 inhabitants in Madhya Pradesh, India. It was licensed by the Madhya Pradesh Government to manufacture phosgene, monomethylamine (MMA), methylisocyanate (MIC), and the pesticide carbaryl, also known as Sevin. The …
The bid/ask spread is also known as the bid/offer spread. In the financial markets the bid price is the price at which a dealer (market-maker) will buy a particular security from an investor. The ask price is the price at which the dealer will sell that security to …
The Big Mac Index compares the prices of McDonald’s Big Mac burgers, a fast food item produced and sold in 120 countries worldwide, as an indicator of possible overvaluation or undervaluation of the local currency relative to the U.S. dollar. The tongue-in cheek analyses give an easily digestible …
Bilateral free trade agreements (BFTAs) are agreements generally made between two countries or two regions, or one country and one region; it is widely accepted that they lead to economic growth by reducing poverty and increasing standards of living and generating employment opportunity. While some BFTAs can be …
Routine business activities often involve contracts known as bills of lading. A bill of lading is a document or receipt issued by a carrier when it receives goods for shipment. Usually, the receipt indicates (1) the particular vessel on which the goods have been placed; (2) destination; (3) …
The Convention on Biological Diversity (“Biodiversity Convention” for short) is a treaty signed in 1992 by 150 government leaders who met at the socalled Earth Summit in Rio de Janeiro, Brazil. They pledged to promote sustainable development and to act to protect the natural resources of their respective …
Black markets are markets that traffic in illegal goods or services. They may exist with the connivance of local authorities. They may be hidden or underground markets found down dark alleyways or they may be openly tolerated. In the shadow economies of the world, commerce is seeking to …
Blame culture can be defined as the attitude of a person or a group of people of not accepting the responsibility for making a mistake in order to avoid the risk of being criticized or prosecuted. This phenomenon has infiltrated every part of modern society, especially in the …
Blocked funds are capital assets or cash flows generated by a foreign project that cannot be transferred to another country because of restrictions imposed by the host government. Reasons for funds being blocked include political motives, criminal activity, trading violations, or exchange controls on foreign currencies. Some firms …
Bloomberg L.P. operates the largest privately owned data, news, and financial information network in the world. It provides real-time and historical information on some five million bonds, equities, commodities, currencies, and funds. Its electronic library also holds data on virtually every publicly traded company and has a collection …
The Bayerische Motoren Werke (BMW Group), a German manufacturer of motorcycles, aircraft engines, and automobiles, producing the three premium products BMW, MINI, and Rolls-Royce, has 23 production plants in 12 countries and representation in more than 140. The BMW Group offers customized luxury cars to an international audience. …
One of the most prominent European banks, BNP Paribas was formed in 2000 with the merger of the Banque Nationale de Paris and Paribas, two Parisian banks which, with Crédit Lyonnais (est. 1863) and Société Générale (est. 1864) constitute the “old banks” of France, established in the 19th …
A board of directors is a group of people elected by the shareholders of a corporation to oversee the management of the corporation. Directors are elected at annual general meetings. At this meeting shareholders have the ultimate power to control both their investment and their board of directors. …
The Boeing Airplane Company (originally Pacific Aero Products) was founded in 1916 in Seattle, Washington, by Yale engineer William Boeing and Navy engineer George Westervelt. It was only 13 years since the Wright brothers’ successful flight, and the aviation industry would go through a number of changes, Boeing …
A landlocked country in South America, the Republic of Bolivia (population 9,118,000 in 2007, gross domestic product $40 billion) is named for Simon Bolivar, the revolutionary and former president of Venezuela, who was instrumental not only in Bolivia’s successful war for independence in 1825, but the wars of …
A bonded warehouse is a public or private warehouse authorized by customs officials to hold goods for which payment of duties and VAT (value added tax) has been deferred until removal. Goods stored in a bonded warehouse can be taken out only after applicable taxes and duties have …
