If you are studying law, economics, finances, or management, the chances are that you will have to write a business essay. It is a fairly standard assignment encountered at a school or college level. Thus, every student should at the very least know the basics concerning this particular phenomenon.
What is business? Everyone has a vague understanding of the term, but there is also a specific definition. A business is a commercial, professional, or industrial organization involved in entrepreneurship. It is not necessarily motivated by financial gain – a charity can also be a business. The nature of business refers to its operations, its mission statement, and the type of service or product it provides. The organization’s size can range from sole ownership to large multinational conglomerates.
Our experts have selected some business essay examples for you to check out so that you won’t struggle with your task. Besides, in this article, you will find advice for writing these papers. You will see how to organize your work best and which elements to include in your essay.
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In this section, you will see the top recommendations for starting a business essay. The tips here are of most use for argumentative and persuasive writing assignments. These are the most popular styles for essays about business.
1. Pick a topic or analyze a given one.
If you’re free to choose one, select a topic that you find intriguing. Identify a relevant central idea to discuss. When writing an essay on an assigned topic, determine the exact question that needs to be addressed. Double-check the essay format that you have to follow.
2. Research and take notes.
Examine the topic to get a better understanding of the specific field. After identifying a central idea of the business essay, search for the information relevant to your paper. There are plenty of data available online. Yet, books and journals from your local library are also great resources. While researching, note all the useful sources to find them again later.
3. Create a reference list.
In most essays on business, you’ll have to illustrate your points and provide credible sources. Thus, collect the bibliography to indicate all the required citations. It’s a good idea to compile the references before you begin writing. This way, you won’t have to rush to get it all together at the end.
4. Write a thesis statement and create an outline.
Just like any successful organization requires a business plan, your essay requires a solid outline. Create your objectives and formulate your thesis statement around them. Ensure that your points and supporting evidence correspond directly to your central idea.
5. Revise and edit.
Most school and college students don’t bother to double-check their academic works once they are done. However, only with revision and editing will your essay truly achieve success. Check for grammar mistakes and the flow of your sentences. Ensure the logical order of your analysis. If anything sounds off, better to change it before submitting it.
Even after reading these steps, you may still be at a loss as to how to write a business essay. Examples of works written by other students can help you analyze relevant ideas. You can peruse the ones we have provided underneath the article.
Business Essay Outline
In the previous section, we mentioned that you need to create an outline for a successful paper. Thankfully, most essays have the same general structure they follow. We will analyze it in more detail below.
In essence, a business essay structure consists of the following:
1. Introduction. It is the place for you to explain the general idea behind your topic. This is also where you will provide a thesis statement. In the introduction, you will have to identify the central elements of the essay. Make sure you establish communication with the reader.
2. Background. You will always want to clarify specific terms or concepts essential to your audience. Thus, provide relevant definitions and context in your introduction or separate paragraph if your task allows it. For example, most people probably know what leadership is but will struggle to understand social responsibility. If you are writing a case study, important background information is necessary to include in your essay.
3. Main Body. Using your selected sources, create a detailed analysis of the topic. Make sure to incorporate:
Arguments in favor of your position.
Examples as evidence to support your claims.
Counterarguments as evidence that you’ve examined the topic from different perspectives.
Don’t forget to include quotes and citations from relevant sources. These will provide credibility to your research.
4. Conclusion. In your last paragraph, provide a concise discussion of the separate points. Re-examine your thesis statement and reiterate it in different words. Summarize your findings and make sure that they relate to the purpose presented in the introduction.
Thank you for checking our recommendations. Below, you will find business essay examples on different topics. Good luck writing your assignment!
In order to implement TQM, Toyota corporations focused on the following phases: The company extended the management responsibility past the instantaneous services and products Toyota examined how consumers applied the products generated and this enabled [...]
The components of the facilitating services in the Flower of Service chart include information, billing, payment, and order-taking. Borrowed from the nomenclature of a typical flower, the Flower of Service concept summarized the interaction between [...]
With the increasing competition in the manufacturing industry, many businesses have adopted the use of operations management which has been, over the years, a bridge towards a business's success as well as the economic growth [...]
As any other business entity and due to the different tastes of its customers and the diverse products the company offers, it is often faced with challenges and opportunities as it tries to provide good [...]
The intern helped the company in preparing and maintaining a large volume of documentation related to personnel and their movement, and she also assisted in determining the procedure for the formation and maintenance of a [...]
It is necessary for the corporation's management to address these issues in order to guarantee their sustainability in the international market. It has three goals to address its sustainability in the market.
It is vital to agree that leadership is a vital provision; nonetheless, great leaders are not born with their abilities, they are made. It is vital to agree that most great leaders are not born [...]
One of the most serious problems that apple Inc is facing and which to a large extent contributes to the occasional failures of the company is a marketing problem due to stiff competition in the [...]
In McDonald's annual reports of the year 2010, the Vice Chairman and CEO, Jim Skinner states that the company started to create its brand and strength throughout the globe.
Professional training of the employees on the marketing and sales strategies needs to be resumed. The manager must have the ability to motivate and unite employees from the franchises to the head office.
However, the congruence of both definitions with that extracted from the Harvard definition fall short of capturing all the elements of the definition of entrepreneurship, leading to the conclusion that the definition is useful for [...]
Human resource management in the 21st Century appreciates the value of employees and the role they play in giving an organization a competitive advantage in the market.
These forces include the following; the nature and intensity of the competition in the industry, the bargaining power of suppliers, the buying power of consumers, the threat posed by substitute products and finally the threat [...]
Similarly, the company's recognition as a leader and producer of simple-to-utilize competitive items keeps on strengthening Apple by sustaining the company on the edge of the knowledge savvy user, in addition to offering support for [...]
The upper most is the management board which hosts the president and the regional directors including the chief financial officer. The unit manager solely runs and manages a KFC branch.
Subjects: Business Communication
Pages: 2
Words: 696
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Nike has also managed its assets and resources to improve the effectiveness and efficiency of the organization. Nike has strived to stay at the competitive edge because of its efforts and strategies.
Despite many criticisms and theories that dismiss the relevance of scientific management in modern times, this paper analyses the impact of scientific management in the 21st century.
At the moment, it is estimated that Nike holds a global market share of close to 40%. The phenomenal success of Nike is attributed to good product designing and awesome marketing.
Given that competition is adversely affecting the market share of Apple in this industry, the company needs to be more forceful in its business and corporate-level strategies.
Some of the lessons that other aspiring companies who want to venture into the international market can borrow from the failure of Starbucks in Australia is that it is important to study, adopt and embrace [...]
It is a case study of McDonalds and how the international company disregards the ethical considerations of business in the fast food industry. To this end, the ethical practices include the accurate representation of a [...]
The foremost portion of business ethics understands the theory of rights as one of the core principles in the five-item ethical positions that deem essential in the understanding of moral business practices.
Despite the stiff competition that Nike is facing, the company has been and still is the leader in the market. At the same time, the company has incorporated the use of IT and ICT in [...]
This paper identifies, describes, and assesses the Nicosia Model and the Engel-Blackwell-Miniard Model of consumer decision making to determine how they contribute to the development and marketing of successful products and services.
Marketing strategy development This stage entails formulating a marketing strategy that will be used in the process of introducing the product to the market.
The success of a business is greatly affected by the level of expertise the company brings in.it is obvious that the higher the level of skills and expertise, the greater the potential of business success.
This was accomplished through the incorporations of the Coca-Cola company in 1892 and the expansion of the distribution of the concentrated syrup used for making the beverage.
For the cosmetic industry, the most important barriers are the exclusive rights and economies of scale. Potential Development of Substitute Products Ease of substitution Buyer inclination to substitute Buyer switching costs Relative price performance of [...]
Subjects: Brand Management
Pages: 2
Words: 494
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In a bid to save the environment, the company has endeavored in recycling of waste materials and packaging. Nestle company has left a significant mark in food and nutrition sector, hence becoming very competitive in [...]
The Coca Cola Company is an international firm based in the United States and is one of the leading manufacturers of soft drinks and other related products.
This is a continuous process that analyzes and appraises both the business and the industry in which an organization operates, and puts up goals to meet current and future competition.
The advent of internet shopping in the late nineties created a revolution in the retail industry. It is possible to know about the sizes, features, and costs of products in online and traditional shopping.
The analysis covers five dimensions: competitive rivalry, power of suppliers, power of buyers, the threat of substitution, and the threat of new entry. It might be supposed that the threat of a new entry is [...]
It moved from 200,000 songs to 500,000 a day and iPod was the only music player in the market that could play iTune music Social Apple has the network of cooperative suppliers & the base [...]
Some of the things they need to know include the culture and customs of the host country. Failure to comply with the new rules and regulations would most likely jeopardize the operations of the corporation [...]
The perspective acknowledges that it is hard for an organisation to overcome workplace conflicts and it gives a method of embracing the conflict in a productive way.
Victoria's secret is one of the most popular and exclusive brand of lingerie, fragrances and beauty products in United States, Canada and other countries.
This shows that constant and distinct product innovation has allowed Apple to be the best company with the fanatic consumer base and high-levels of profitability.
The approaches used by IKEA helps the management in studying the requirements of employees and customers to ensure that they possess the capabilities and resources necessitated for performance.
And also the differential consideration by the society to men and women, the approach of people in the lower strata of the society towards the social difference and the attitude of people to avoid uncertainty [...]
The objective of HRM is for the success of the organisation through its assets, the working force. The objective of this essay is to analyse and determine the advantages and disadvantages of human resource management [...]
The main reason for positioning itself in this segment is that the business has the opportunity of incorporating new features to the existing services to cater for the changing demands and needs of our targeted [...]
Subjects: Strategy
Pages: 11
Words: 3413
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A change in the management technique and the risk prevention strategy along with the introduction of a slightly new brand will help Tesco to regain its power in the UK retail sector.
The suppliers in the industry affect the industry due to the fact that the quality of their supply influences the quality of products which is then spilled over to the market.
Management is a broad practice that entails the organization and harmonization of activities and practices in a firm especially in regard to the organization's policies, plans, and objectives.
Nike's cost of goods sold is provided in Table 1, showing the company's COGS have increased in the last five years, mainly due to the increase in the price of raw materials including thread and [...]
Effective human resource management makes it possible for workers to contribute effectively and efficiently to the overall wellbeing of the organization and to the achievement of goals.
The goal of this paper is to analyze the McDonald's segments of the generathe l environment, the forces of competition, mechanisms of improving the stability, external threats and opportunities, resources, capabilities, and core competencies, and [...]
The product is soft in warm water but becomes hard in cold water to enhance the cleaning of surfaces. The patented superior sponge is an incredibly adaptable cleaning apparatus for the kitchen and other areas [...]
The present analysis of the Satyam case study aims at identifying the most important facts surrounding the case, discussing the key issues concerned with it, suggesting the alternative courses of action and evaluating them, and [...]
The author of this work believes that a four-day working week is a promising and prosperous method, which, despite some shortcomings, will positively impact companies' economy and the condition of employees.
A careful analysis of inbound and outbound logistics, as well as understanding the role of the information flow within the organization will also contribute to providing viable solutions and recommendations to the company's strategies in [...]
Since the work of a leader is crucial for the performance of the whole enterprise, it is essential to analyze the leadership style of a particular business leader through the perspective of his or her [...]
Application of information systems has benefited Wal-Mart since it has enabled the company to maintain its status as a leader in the market. Wal-Mart should also endeavor to ensure that its customers are aware of [...]
The scope of Management Information System is defined as, "The combination of human and computer based resources that results in the collection, storage, retrieval, communication and use of data for the purpose of efficient management [...]
Subjects: Management
Pages: 10
Words: 2715
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The opening statement of financial position helps to identify capital intensity, the availability of cash to run the business, assets, and the tools available for the firm to continue smoothly.
The economy of Australia is sophisticated and modern and the country is incorporated into the global economy as it is center for commerce and finance in the region.
Human resource management is a very essential function in every organization as it enhances overall efficiency and effectiveness of the organization through smooth running of all the activities and operations that are carried out in [...]
This case study analysis attempts to examine the BMW brand and its approach to market segmentation to expand its automobile sales. Premium vehicles such as BMW base their segmentation and marketing on the concept of [...]
The Tesla Roadster electric sports car was the first major production that brought the company to the limelight. It helped the company to speed up with the development of its second car.
The organization prefers a closed system in order to conserve its information. This system ensures the organization safeguards its information and data.
In the 1990s, Starbucks realized that "motivated and dedicated human resources were critical to the success of the company". The firm has been on the frontline to address most of the employees' growth needs.
In theory, the degree of rivalry in an industry is based on the rivalry between firms in the same industry, the cost associated with migrating from the industry, the level and ability for a firm [...]
It can also be argued that when the people being led are mature such as employees at the higher levels of an organization, the transformational style is more productive and when the workforce comes from [...]
In the fourth year, the price of AGM batteries remained the same, but I reduced the price for SCs to $15 while making crucial steps to reduce the unit costs to leverage profits.
The operations of Apple's supply chain was strong enough to warrant speculations by observers that the company's grasp on the supply chain was enough to dictate the terms of other players in the chain.
Applying behavioural leadership style theories in Bezos and Schmidt's case reveals that the Amazon CEO is an autocratic leader while the Google CEO is a democratic leader.
This is because globally, there are many changes in terms of industrial workforce demands due to the need to beat competitions and increased technological innovations.
The issue that arises is whether employees make the right decision that would benefit the company or they make the wrong choices that call for the downfall of the company.
Subjects: Business Ethics
Pages: 4
Words: 1264
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The share price of the company is over $530 making Apple the most successful company in the technological sector. In this paper, the effect of the apple company on the society in terms of ordinary [...]
This paper is an analysis of the impacts that technology has had on businesses in the past and the impact that future technology is expected to have on businesses.
It is possible to resolve the problem with adding capacity to the factory, changing the order quantity, controlling ROP, and changing the shipping method.
This segment consists of women who are mostly seeking to enter the dating scene. The other segment consists of women of ages eighteen to thirty five who are in relationships.
This paper focuses on the kind of market structure that Nike, Inc.belongs to, the price elasticity of its demands, the price elasticity of its products, the company's closest competitors, the substitutes or subsidiaries of Nike, [...]
The theory comes to organizational communication from the Critical Perspectives. The theory comes to organizational communication from the Constructivist Paradigm.
Tesco depends on the presence and dominance in the U.K.to expand its operations, as well as generate revenues. Price wars and the presence of other strong retail brands are a treat to Tesco's dominance in [...]
This paper will cover the benefits of globalization that IKEA experienced, the importance of cross-cultural understanding, and the limits of the global market.
The proposal is part of a larger marketing plan to expand the company's North American business, given that its operations are mostly domiciled in the United Kingdom and Europe.
In attainment of the goal of satisfying employer and employee needs, Taylor and Malo designed the scientific management concept and the human relations movement.
In addition, the firm needs to understand issues related to the quality of service it offers that need to be improved to help it attain its objectives in the industry.
The research also examines whether the company is likely to succeed to penetrate the Asian market with the retail model it uses in the United States market.
This may affect the operation of restaurants in relation to supply of products, services, and employees. However, oligopoly that exists with regard to other products and services in the restaurant industry presents threats to profitability [...]
The formation and saturation of the consumer markets are the key elements in the current destabilization of the economy. The advantage of starting a business is that it's not mandatory to be held accountable to [...]
If both the receiver and sender are not in a position to understand the subject knowledge, then it is obvious that they will not communicate well and this will be a barrier to their communication.
As in the case of conflicting interests, the parties that claim fair treatment and have different views on the legitimacy of a solution may have the same interests as their counterparts.
Occupation Health and Safety can be termed as the rules, legislation, policies, procedures and activities intended to care for the health, safety and welfare of the workers and all the individuals in an organization.
In the course of this era and the period that followed afterwards, the Lego Group underwent serious fluctuations, due to a number of reasons which included; rapid change in the business environment witnessed at the [...]
Apprenticeship is a work study training approach of both classroom and on the job learning. The trainer has to evaluate the cost of using each method, and consider how effective the training method is.
The company's brand must be reinvented by emphasizing the significance of quality in daily things and minimizing the level of luxury associated with its products.
In addition, it will look at the evaluation techniques used by the company to determine the level of skills and knowledge acquired by the staff members and the different initiatives the government has put in [...]
This competition has been worsened by a number of Chinese firms that mimic the products of the top brands and sell them in the international market. The firm was chosen because of its strategic importance [...]
According to Anthropologie: Our Story, the mission statement of the company is grounded on building a strong emotional attachment with the customers by creating environments that appeal to the emotions of the clienteles.
If a union induces an employee to participate in industrial action, both the union and the employee are obliged by the legal requirements of the industrial action.
The structure of the Ford Motors Company has the Chairman at the apex followed by the President-cum-CEO-cum-Director, then followed by the Executive Vice President.
By complying with the rules and regulations of the organization, the management ensures that it avoids the risks of penalties related to legal systems of a country.
One of the most important tasks is to convey messages to the target audience about the commitment of the company to give the opportunity to taste ice cream without bothering the tension of obesity; thus, [...]
The manager of the North American company has a difficult task because in as much as the decision taken by the company depends on him, he wants to please both parties, that is, the client [...]
The company has traditionally used the strategy of fast mail DVDs delivery, and it has also expanded the availability of its content through streaming.
The issue of skills at work and employment has moved away from the simple question of asking and specifying the roles of employees in the workplace to quite complex questions of whether the current nature [...]
