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.
Caremark Pharmacy Services, a subsidiary of CVS Caremark Corporation, is a Nashville-based pharmacy benefit management (PBM) company. Caremark was the name of a unit of Baxter International (established 1931), a global healthcare company headquartered in Illinois. Baxter’s Caremark division (originally an independent company called Home Health Care of …
The Caribbean Community, or Caricom, is a customs union comprised of 15 Caribbean countries. The member states of Caricom are Antigua, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, St. Lucia, St. Kitts, St. Vincent, Suriname, and Trinidad and Tobago. Caricom was established under the Treaty of …
Carrefour (pronounced kar’fur) is an international hypermarket chain headquartered in Levallois-Perret, France. The name means “crossroads” or “junction” in French. It is the second-largest retailer in the world after Wal-Mart, with 2006 retail sales of $98 billion, income of $2.85 billion, and a compound annual growth rate of …
Carrying cost is an accounting term that refers to the cost of holding a financial position. The position may be purely financial such as the cost of holding securities. Or, it may be the cost of holding physical inventory for manufacturing, for shipping, or for sale. Businesses all …
In the United States, cash management is actually viewed as a marketing term to describe how businesses promote services to their large customers. When looking at this concept from an international perspective, one could define international cash management as the services provided in the international banking arena to …
Employing nearly 100,000 people all over the world, Caterpillar Inc. is the world’s largest manufacturer of equipment for the construction and mining industries, as well as manufacturing turbines and engines. The characteristic yellow paint scheme of much of their equipment is as familiar to people in regions where …
One of the largest building supplier companies in the world, Cementos Mexicanos (CEMEX) produces, markets, and distributes cement, ready-mix concrete, and construction aggregates and materials. It is the world’s largest trader of cement and clinker, the leading producer of white cement, and the third biggest cement manufacturer, after …
Central America is the isthmus connecting North and South America, and though geographically considered part of the North American continent, it is rarely included in cultural, economic, or political mentions of North America. The North American Free Trade Agreement, for instance, does not include any Central American country. …
The Central American Common Market (CACM) is a trade organization originally created for Guatemala, El Salvador, Honduras, and Nicaragua. These four nations signed the General Treaty on Central American Economic Integration on December 13, 1960, in a meeting held in Managua, the capital of Nicaragua. The objective of …
Since the establishment of the first central bank in Sweden in 1668, the number of central banks has increased to 178 (in 2008). The emergence of new sovereign states saw a corresponding increase in the number of central banks. Central banks have legitimate power to create national currency, …
Centralization in the context of an organization relates to the concentration of decision-making authority at the higher levels of management. Its converse, decentralization, is the dispersal of authority from the higher levels to the lower levels of management. If more authority to make decisions is concentrated at the …
Centralized control, in the context of organizations, means control exercised by a central authority such as top management. Contrary to centralized control, we have the concept of decentralized control where the function of control is delegated to lower levels of management. In reality, there is no absolute centralized …
A Certificate of Origin is a formal document that authenticates the country of origin of merchandise. The Certificate of Origin (CO) is an import document; the import authority of a country establishes the requirements for it. While Certificates of Origin vary across countries, they have a common set …
The Korean word chaebol is used to refer to the highly diversified business groups contributing to the post– World War II industrialization in South Korea. Family ownership has not been significant in chaebols; despite this, the control of chaebols by founding families is typically due to cross-shareholding. For …
A channel means a narrow but deep route connecting two entities. Business entities use channels to connect themselves with their customers. Most businesses today use two broad categories of channels: communication channels and distribution channels. They use communication channels to carry various kinds of information and messages to …
Chevron Corporation, one of the world’s leading energy companies, is headquartered in San Ramon, California, and operates in more than 100 countries. Among its major business activities are exploration and production of oil and gas, refining, transport, and marketing of oil and oil products, manufacturing and sales of …
The Chicago Mercantile Exchange (CME) is an American financial trading place based in Chicago. Often called MERC, it was founded in 1898 as the Chicago Butter and Egg Board. When the CME began it was a not-for-profit organization. Its purpose was to trade futures contracts on agricultural products. …
The Chicago School was a group of highly influential economists affiliated with the University of Chicago in the last century. The heyday of this group was in the 1950s when economists teaching in the economics department joined forces with professors in other academic areas in the graduate school …
Children have been used as cheap labor from the earliest times of human existence. Historically children were viewed by parents as a source of labor on farms or in areas of “woman’s work.” Grown children were the “social security” of their parents for whom they would provide. In …
Chile is a country on the western coast of South America with a distinctive geography and rich natural resources. After decades of import substitution industrialization policies, the country has been pursing an export-led growth strategy since the late 1970s. Its economy is integrated with the rest of the …