A business critique is an analysis and evaluation of some enterprise. If you need to write it, you should start with learning some essential information about the subject.
For starters, a business plan is a detailed description of all the aspects of your business. It contains SWOT analysis, risk analysis, all the goals, and the ways to achieve them. The business plan covers the financial, marketing, operational details of a company or nonprofit organization. Qualitative business research is also one of its crucial parts.
Any business plan is a way to attract possible investors for your startup and to achieve your goals. After completing each objective, it is necessary to update your journal and set new goals.
Good planning creates the foundation of a startup or international business. So, proper feedback is always necessary. That’s where criticism comes in handy.
Our experts have explained how to write a critique paper about business. We’ve listed what parts of the company’s plan you should evaluate and analyze. Besides, under the article you’re reading now, you’ll find business critique examples.
How to Critique a Business Plan
We hope now you realize the importance of critique for any organization. To write one, you’ll have to conduct a critical evaluation of a business plan. In this section, we’ll learn how to do so.
To do a business plan review, you’ll need to analyze the following:
Capacity.
Is there’s enough organizational and financial capacity to achieve the goals and follow the plan? You can think of the entrepreneurial changes needed. Consider the possible threats and how achievable the goals are.
Finances and organization.
Check if the numbers are precise. Are there any miscalculations in the plan? It is crucial that the costs are estimated and not omitted. Besides, there should be a possibility of revenue growth. Were the previously predicted results successful?
Value of the products.
Analyze the competition in the market and the target customers. Do they need what the company in question offers? Do these products or services have superiority over the competitors?
Techniques and models used.
Evaluate the method and the model used. Are they effective? Can the business benefit from them? Keep in mind that even poor planning might have value. Meanwhile, over-planning might cause harm.
Management team.
To analyze the management team, you need to evaluate its capability. Examine if the unit is complete and if it can achieve the goals listed in the plan.
Check out our business plan critique examples below to see how you can evaluate these aspects.
Structure of a Critique
To write a good critique paper about business, you need to learn how to structure it first. Let’s dive into it. For more information about organizing, read our article on how to plan your paper.
Here are the two ways you can organize your essay or research paper:
Structure 1:
Introduction. Introduce the case of your business critique analysis and state the points you’re going to write about in your thesis.
Body Paragraphs 1-3. Analyze and evaluate one aspect per section.
Conclusion. Write down your essay summary and restate your thesis.
Structure 2:
Introduction. Introduce the case of your business critique analysis and state the points you’re going to write about in your thesis.
Body Paragraph 1. Write down a detailed description of the project.
Body Paragraph 2-4. Evaluate three aspects of the plan (one aspect per paragraph).
Conclusion. Write down your essay summary and restate your thesis.
Thanks for reading! Check out the examples of critique papers about business below. There you’ll find out how to use these methods and take a look at writing samples composed by other students.
Two hours into the journey, the ship was passing the Italian Island of Giglio and Captain Schettino gave orders for the ship to change course so that it could sail closer to the Island's shore [...]
Although Tim Hortons is a fastest developing coffee joint in Canada and United States, Starbucks is also catching up due to their quality products it offers to its customers.
In particular, the paper will investigate these important business aspects with respect to the company's recent acquisition of a carbon fiber plant, the prospects of BMW working in partnership with Toyota in the future, as [...]
Here is the central argument between business profitability and ethical rights of the customers; the agencies are to evaluate the losses which can be suffered and the level of product inefficiency in accordance with all [...]
Some of the major operational characteristics of the business in the last decade are the sale of Eckerd Pharmacy locations in 2004, the discontinuation of its catalogue business in 2010, and the appointment of Ron [...]
When the company went bankrupt, the owner sold off the inventory, locked out the workers without paying them, moved his machines in the middle of the night to another factory, and reopened under a different [...]
The main work of the organization is to protect and improve the environment in the two countries. Strengths The agency receives substantial funding from the Welsh government and the UK government through the Department for [...]
Gunderson argues that while the intention of employees is to bankrupt a business, the management has a prerogative to protect the interests of the investors.
Today, however, they are ready to pay some extra money to obtain a product from a tolerant, eco-friendly company."Victoria's Secret" has been one of the most widespread lingerie manufacturers for the past decades.
The first difficulty that the representatives of the Coca-Cola Company happened to face due to their campaign in the territory of India was caused by the concerns of the local government.
It is managed by the owner who controls the profits and the tax issues of the business. Limited partners are never involved in the management of the business entity; the liability of limited partner to [...]
Political maneuvers on the part of Logicon to ensure the contract went through complicated issues, but not to the extent demonstrated by state bureaucrats, who not only failed to scrutinize the deal as much as [...]
In the lawsuit, the EEOC conducted an investigation into the conduct, finding that the organization's executive director harassed female employees regardless of the complaints made to the management and the board of directors.
For example, eBay's acquisition of Skype in 2005 was one of the biggest business flops of the 21st century because they did not investigate the feasibility of their expansion strategy.
It was founded in 2003 by the merger of Kmart Holding Corporation and Sears, Roebuck, and Co, and the company is headquartered in Hoffman Estates, Illinois.
Researchers believe that human beings and their arrogance were to blame for Enron's demise, while others contend that Enron was a striking example of vanity and the blind acceptance of praise.
In his article, Friedman denounced the mechanisms of CSR, accusing companies of falsely trying to show concern for current world problems and arguing that the accumulation of profits was the main task.
In the same vein, due to problems in the company itself, especially among the management, the consequences after the scandal actively affected the economic, political, and social components.
According to Biggs and Richwine, there is considerable evidence that teachers receive market-level salaries, which are even exceeding the salaries of similar private-sector workers by 8 percent.
Fonterra, the largest trader of dairy products and Sanlu's partner, is also considered a major stakeholder, but Sanlu shared the information of melamine with them.
I cannot say I have any particular preferences for brands, but I have some favorite stores. As for the lifetime value, I would introduce a system "the more and longer you buy the bigger the [...]
Baldrige Performance Excellence Program is intended to improve the quality of services and products provided by United States companies, which is shown on MESA 2020 enterprise's seven types of performance measures.
With the presentation of structure and general layout of the facility to the customers who seek the business services, they are bound to recommend the services to their colleagues where the marketability will mostly de [...]
In a bid to determine the positive relations between the revelations and environmental responsiveness, the article employs the legitimacy theory. In addition, the article brings out the correlation between the organisations' environmental responsiveness and their [...]
The transfer of debt to the balance sheet of the firm would reveal to the investors the true financial state of this firm, which at that time, was not attractive at all.
FECRC seems to be suffering from the ripple effects of the recession in the construction industry, which has effectively slowed the growth of FECRC's business.
It might be assumed that the discussion of the case in the framework of 10 Principles of the United Nations Global Compact is a relevant action to undertake.
Review the standards guiding both design and construction of the wall and identify possible non-compliance. Undertake investigations to find the possible causes of the defects recorded in the collected physical evidence and also take into [...]
The establishment of this corporate culture in the report is an attitude that brings out the opportunity for the company as one that values sustainability and the need to protect the environment as one of [...]
The model of flexibility leads to the move towards flexibility which is more of an opportunistic nature taking the advantage of a high level of unemployment and a reduction of the power of unions.
Apart from that, there is also a risk of store arrangement whereby the order of the hazardous substances and flammable materials are stored in a safe, dry place and away from the staff.
The fast-food chains employ the most disadvantaged members of the American society and provide only training on basic job skills such as getting to work on time.
The public has called for the company to review its marketing practices to ensure that they abide by the established ethical guidelines. The company should change its advertising practices to guarantee that youths do not [...]
The purpose of this paper is to give a detailed analysis of the Walt Disney Company's contributions to the United States' cultural and economic transformations.
In this paper, the evaluation of the current attitude of Company Q toward social responsibility will be discussed to develop several recommendations and improve the interior and exterior environment in the organization.
Though it is impossible to make a blanket judgment regarding Walmart's ethical issues, the company's business processes should be carefully analyzed for determining the real reasons for various operations.
Amazon regularly conducts audits for its suppliers and members of the supply chain internationally to make sure that these standards are followed by the company's partners and to identify areas for improvement.
The relationship between Yelp and local businesses is complicated as business owners are in constant conflicts with the corporation because of the reviews.
This policy was supposed to improve the functioning of the supply chain in this corporation, especially the procurement of products. The most important objective was to minimize the levels of inventory and reduce the operational [...]
It was through such an undertaking that it failed it to maximize its profits in 1990s. The relationship was affected and it had to reconsider its business model.
This paper discusses the aspects that led to this issue, which consist of placing the clients of RACQ at the core of its operations, the requirement for the company to administer capital and risk coupled [...]
The corporation soon earned the admiration of industry experts and investors, and was able to hire the best young minds from across the nation, and the resultant enthusiasm with which these newly recruited employees served [...]
In the contemporary market, Apple Inc.has managed to address the unique demands of its customers with various products including the iPhone 4, iPod, iPad, and other technological tablets demanded in the market.
Under internal security breach, there is the IT security breach and the physical theft of assets of the organization. Some of the regulatory practices employed by the NYS OMH include enactment of compliance policies and [...]
Walmart Stores is a retail firm which operates a chain of large department stores in various countries in the world. Walmart's business model has been instrumental in making the firm one of the most successful [...]
The company has penetrated the world market due to its ability to narrow the gap that has been there in the transportation industry, especially in the world cities.
In addition, the paper will also attempt to investigate how Madoff managed to convince even the most sophisticated investors to invest in his dubious scheme, how he was able to sustain it for so long [...]
The government used to handle the task of waste management in the Sultanate but with the establishment and legalization of Be'ah, the task of such is delegated to the said company.
According to Kerlin, social enterprises are characterized by the continuity of producing goods and services, the aim to benefit the community, low amount paid in terms of work, the initiative to take up risks, and [...]
As part of the obligation of the leadership team of Angel of Hope, it is possible to communicate unmistakably with donors and organizations that will present gifts and funds they require.
The company has the option of focusing on being the best low cost airline in the industry. This industry is at the core of the operations of the Aviation industry.
The liberalization of the airline industry, through a breakdown of economic barriers, has significantly led to increased competition among airlines around the world and in the same manner, given enough room for innovation in the [...]
Key provisions of the act include disclosure controls, improper influence on conduct of audits, disclosures in quarterly reports, evaluation of internal controls, and criminal penalties for violating the provisions of the act.
Through the said law T-Mobile, it not auger well with the mobile manufacturer as the law will reduce consumer choice and reduce the resale of T-Mobile devices that consumers have paid for in full.
The changes in the environment will necessitate Orangin Juice Squeezer to come up with informed business strategies in order to survive and triumph in the market.
It is therefore important to remember the principle embedded in a statement made by a business guru who said that, "The business of international business is culture".
Successful Country in Internationalization Sweden which is the home country of IKEA was the most successful in internationalization of IKEA's products.
The staff experiences difficulties in communication and cooperation because of the effects of such contextual factors as the lack of the necessary seats and space in the waiting rooms and because of the significant waiting [...]
In addition, while the #Bloomieselfie Instagram contest was in progress campaigns had to be run so as to inform the fans of the various entrants and to present an opportunity for them to vote.
The main aspects of the market structure includes the total number of the firms, the extent to which the industry is vertically integrated, the share of the market, costs, structure of buyers, turnover of customers [...]
In general, globalization affects the world in various ways one of which is the industrialization of countries where the introduction of global markets that are able to foster worldwide production have been able to ensure [...]
Recent annulment of the Honda Accord hybrid is one of the greatest marketing failures to have ever occurred in the automobile industry for the last five years.
Interpreting the given definition, one can assume that core business is the kind of business that focuses on the key issues, i.e, labor, resources and losses/benefits that the owner of the business can possibly take [...]
In particular, the Commission accused Bristol-Myers of a series of anticompetitive activities leading to a decline in generic competition and to a promotion of Bristol's new drug products.
Looking at the cases under consideration, it should be stated that the difference in the outcome of the politics held by Johnson & Johnson and Dow Corning was caused by the frames which were used [...]
The terrorist attacks and period of deterrence in the United States made the company introduce change to the sphere of specialization and focus on the manufacture of security equipment for prisons and government buildings.
Lots of people have already heard about the scandal, connected to the activities of Bernard Madoff. This case is a turning point in the history of American finance system that has to be evaluated in [...]
In addition, the product also meets the eternal purpose of the market high quality and variety of choices. Moreover, it can also attract other consumers who will be persuaded in the quality and insurance of [...]
What we believe in at the Gateway Resort is that members are the foremost key stakeholders of the company and their satisfaction is our joy and that has for a long time dictated our programs [...]
Certain technologies we use are essential for critical functions such as security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and ensuring the site operates correctly for browsing and transactions.
Site Customization
Cookies and similar technologies are used to enhance your experience by:
Remembering general and regional preferences
Personalizing content, search, recommendations, and offers
Some functions, such as personalized recommendations, account preferences, or localization, may not work correctly without these technologies. For more details, please refer to IvyPanda's Cookies Policy.
Personalized Advertising
To enable personalized advertising (such as interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. These partners may have their own information collected about you. Turning off the personalized advertising setting won't stop you from seeing IvyPanda ads, but it may make the ads you see less relevant or more repetitive.
Personalized advertising may be considered a "sale" or "sharing" of the information under California and other state privacy laws, and you may have the right to opt out. Turning off personalized advertising allows you to exercise your right to opt out. Learn more in IvyPanda's Cookies Policy and Privacy Policy.
