Category Archives: Business Essay

Weijia Gao Biography

Have you ever dreamed of owning a large media empire with business interest in marketing advertising and event planning? Weijia Gao had the opportunity to fulfill that dream. In August 2010 she of opened her media business in Manhattan. This was due to her determination, hard work, ambition and inte... >>

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Strategic Planning in Business Organizations

Introduction Any business needs to have a well planned course of action which can be taken by the management of the business to make it move forward. These acts as the blue print plan for the business management to channel the business resources in the most appropriate way top ensure the achievement... >>

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Contemporary Issues in International Business

Question 1: Why were sewing machines one of the world’s first “global products?” Globalization has gained extreme importance these last years. At an economical level, globalization is understood as the increased movement of goods and money across national borders, which led to the rise of the ... >>

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Major business pressures the company is likely to face and expected response

Research has shown that many start-up businesses fail in the first two years. According to statistics by Small Business Administration (SBA), 70 percent of start-ups fail in the first two years and only about 51 percent survive the next five years. With this kind of information, I have to try the b... >>

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Starbucks

Aims and Objectives Starbucks is an ever growing business organization. Since its inception in 1971 it has laid success stories of business (Herve, 2004). On the one hand it expanded its operations globally and on the other has portrayed the sustainability of business in the time of severe recession... >>

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Research in E-Business

E-Business or electronic business can be broadly defined as, “any type of business process that totally relies on fully automated communication and information systems”(Paul 2000, p. 70). In the current world, e-Business is mainly carried out through web-based systems and technologies. Methods o... >>

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The Ritz Carlton Hotel Chain

The Ritz-Carlton Hotel Chain is the main or can be considered to be the mother company to the high cost and luxury hotels that use the brand name ‘Ritz-Carlton Hotels.’ The Ritz Charlton hotel company is basically a subsidiary of the legendary Marriott International. They also have other marketi... >>

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International Business and Culture: Starbucks’s Australian Experience

As we all know, culture changes from one place to another. Similarities may exist between cultures; however, there are no cultures that can be described as identical. National and regional cultures not only differ from others, but also define the respective societies and their people. Culture, a com... >>

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Business Mergers

One of the issues resulting from mergers and acquisitions is integrating the different cultures of different companies merging. The merger can be catastrophic when implemented without considering the cultures of the different people in the organizations. There maybe strong differences between the va... >>

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Toyota Industries Corporation Business Report

Introduction The company started operation in 1933 as the automobile division of Toyota Industries Corporation. Toyota became an independent accompany on August 28, 1937. The Toyota Motor Company and Toyota Motor Sales joined together in 1982, to become the Toyota Motor Corporation of today, which i... >>

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Ratio Analysis

Benefits Ratio analysis is important in the determination of a firm’s profitability. It helps to determine a firm’s productivity through computation of profitability ratios and to calculate their revenue productivity to determine a firm’s performance based on current earnings. It is to calcula... >>

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New Venture and Small Business

Why a business needs a business plan Abstract Entrepreneurship is a global phenomenon occurring in undeveloped, developed and developing countries. Different governments worldwide have so far acknowledged the importance and the impact of entrepreneurial activities on job creation and improvement of ... >>

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Competitive Advantage

Introduction In the business world, competition is one of the obstacles which the businessmen need to contend with to ensure sustained higher profit margins (Huggins & Izushi, 2011). Effective control and management of the competition requires the businessmen to be proactive in their market eval... >>

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Confidence Intervals and How They Affect Business Decision

Introduction In this paper, the main area of focus is on the calculation and the interpretation of the confidence intervals of a population’s wages affected by the controllable factors. Some of these controllable factors include education, geographical location, job industry, and marital status. I... >>

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Social Responsibility

Introduction This article is divided into various sections, which handle the issues on social responsibility. It is based on the justification of social responsibility centered on an example of a company that has legal setting but not incorporating social responsibility. Social responsibility Accord... >>

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