Sample essays on business studies
Sample Essay
Choosing what position to take in the market in which a business function’s is an extremely important part of a company’s strategy. Michael Porter identified three basic strategies which basically cover the range of positions that a business can take in order to compete in the market.
Sample Essay
Since the last century work environment has witnessed the relationship of various motivation theories among which Frederick Taylor’s theory of scientific management is very well known. His aim was to observe employees thereby suggesting management of ways to increase productivity and efficiency overall (Stimpson 2002, p. 226). This he termed as ‘scientific management’ due to the details involved and continuous observation. According to his observation, he presented his view that there is always one best way to get the job done especially in assembly line which as a result would also save time and pave way to efficiency.
Sample Essay
E-waste recycling is a major issue because of which The Basel Treaty in Switzerland was signed in 1989 gathering quite a number of European countries.
Sample Essay
This situation may push employees to work harder. If two employees are fired, then the remaining eight will work harder to ensure job certainty for them selves. If their quotas are raised then they will work harder to make sure they still earn the same or more commission.
Sample Essay
Basel Accord was based on an agreement for regulating international commercial banks and dates back to July 15, 1988 when minimum levels of capital were decided for them (Risk Financial Manager 643).
Sample Essay
American fiscal policy has come under a lot of discussion and consideration especially lately, because of issues such as the health policy and the war on terror. The health policy, because it will define government spending and tax collection, and the war on terror because it has made significant contributions to the American national debt. One of the major concerns of the American economy has been the huge fiscal deficit that it is running. This has become worse when a financial crisis forced the government to bail out many major financial institutions and collect fewer tax revenues over all.
Sample Essay
Human Resource Management today involves a variety of activities from hiring the right employees, to creating an environment in which they gave their best to the organization and training and developing their potential. In addition to this there is a significant amount of research which provides various theories and approaches to handling each of these activities. An integrated and contingent approach would be one which would keep all these and activities in mind and not simply have one solution.
Sample Essay
As far as the second pillar is concerned, the supervisory review process aims at helping banks develop better risk management techniques and capital management. Capital targets are set and internal assessment procedures are encouraged. Likewise, supervisors can arbitrate for issues that they deem appropriate.
Sample Essay
Apple is already a market leader in certain products that it sells, such as the MP3 player market as discussed above (Bulik, 2010). Advertising has three main functions, such as; ‘informing’, ‘persuading’ and ‘reminding’ while it depends upon which one to pursue depending on the competitive position in the market. Therefore, Apple as a whole need as needs to adapt to a gradual proactive change thereby, reminding and informing the already brand loyal customers about new product offerings and new product lines, for instance, the design and colour of the upcoming iPod models and iPhone models.
Sample Essay
This is also an example of a contingent approach to HRM. All managers should always be aware that each situation is unique and requires different solutions and that there is hardly ever one best fit solution for all the problems. If demand slows down for example an employer might consider keeping more employees on a part time basis to deal with the situation.