In this essay, I am going to choose one competitor from the retail fashion industry and I will be particularly focusing on analysing the competitive position of this company assessing the external factors that are influencing its success or failure. Various external factors can affect the ability to achieve strategic goals and objectives. These external … Read more
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What is the impact of this article on business using PEST as the analysis tool? Technological Impact: Boeing Commercial Airplanes who develop and manufacture these planes have plans to readjust and revamp the existing softwares and systems being used on these planes. The updates that would be needed to fix and address the issues that … Read more
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ABSTRACT For the last couple decades Furniture designing industry has become one of the most significant issues in an open world market. Interior designing industry is developing day by day with the passage of time and people are now more conscious in their living style which has open the door of opportunity for the furniture … Read more
The IKEA Group, a Swedish company founded in 1943 with its headquarters in Denmark, is a multinational operator of a chain of stores for home furnishing and house-wares. It is the world’s largest furniture retailer, specializing in stylish but inexpensive Scandinavian designed furniture. The IKEA group owns over 2700 stores in 35 countries, with sales … Read more
As an interested stakeholder in the ‘Family Business’ case is R&S Electronic Service Company, Jane as the head of Payroll Department, the 75 employees, Eddie the General Manager, Brad the owner, Greg a service technician. Eddie, the General Manager who has informed her of the need for maintaining strict confidentiality regarding the employee’s information and … Read more
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Introduction This chapter provides an overview of previous research about the influence of information and communication technologies – savvy on firm performance, discuss on related theory from other researcher and generate the conceptual framework from literature. 2.2 Information and Communication Technology (ICT) – savvy Information and Communication Technology – savvy or ICT- savvy are referring … Read more
1. Introduction: International Air Transport Association experts say that the amount of passenger will have grown to 7.2 billion passengers in 2035 worldwide; this is an average growth of 3.7 percent per year (pressroom IATA, 2016). With this growth, there is a need for more aircrafts in the air, for these additional passengers. This will … Read more
Nike is classified among the most valuable brands in the world, and it is a leading manufacturer, and seller of sportswear and apparels. Most of the organisation’s factories are located in Asian nations like Vietnam, China, Taiwan, and other nations. The company signs contracts with contractors who manage the production of sports goods in those … Read more
BACKGROUND: In a recent statement given by the CEO of Niti Ayog “Indian Economy can grow at the rate of 9% to 10% if there is a gender parity in the country, and the share of women workforce is increased to 48% from the current 24 .%” In terms of the World Bank’s 2017 India … Read more
This unit is about the day to day running of an administrative facility from managing the facility, arranging meetings & supervising work. 1.1 Explain the legal requirements relating to the management of an office facility. a. Health & Safety – Provide some examples of some statutory duties and responsibilities of staff & the employer. 1. … Read more
The senior management team have made the strategic business decision to relocate their head office to a business park. I am basing the office move on my own workplace at RES Devon Ltd. However I will be structuring the project in order that the principles could be applied to larger businesses if desired. For the … Read more
Introduction The following essay will be divided into different sections, firstly, the introduction of the essay setting the basis of argument, secondly, the examination of the research highlighting the extent to which deregulation of the labour market improves productivity and performance whilst referencing theory and relevant examples from across the EU and lastly, the conclusion … Read more
1.1: Explain the role of their own occupation within an organisation and industry. My job role is an Apprentice Procurement Support Officer for Doncaster Council. The main aim of this role is to ensure that any administrative duties within the Procurement team are completed efficiently and resourcefully. There are several different areas of admin my … Read more
An economic downturn is worrying for the employers and the employees. During this time of doubt, organisations should focus on the welfare and moral of their staff. It is understandable that the moral of employees will drop during this time of uncertainty, as economic changes can result in recruitment being put on hold and employees … Read more
Reflective Essay Tasks within the academical setting are increasingly focused on groups, as groups’ importance, in the professional setting, increases. Benefits of student-group work include: Chance to work on a project that is too difficult or complex for an individual (Lavy, 2017) Improvement of employability skills and a chance to practice those (Smith and Yates, … Read more
In this composition, I have thoroughly reflected on our Group presentation for ‘Build a Business’. Personally, I believe that the final delivery went remarkably smoothly and all in all it was a great success! In the present scenario, teamwork is considered to be an effective approach for the achievement of the goals and objectives in … Read more
“A man can be as great as he wants to be. If you believe in yourself and have the courage, the determination, the dedication, the competitive drive and if you are willing to sacrifice the little things in life and pay the price for the things that are worthwhile, it can be done INTRODUCTION OF … Read more
Shopping: ‘the new form of hunting’ (Genco et al. 2013) Peterson (1997), has been quoted explaining that shopping ‘is a process, composed of a set of distinct components linked together in a particular sequence’ (Mokhtarian 2004; Hsiao 2009). Characteristically, this process includes ‘desire, information gathering/receiving, trial/experience, evaluation, selection, transaction, delivery/possession, display/use, and return’ (Mokhtarian 2004, … Read more
Abstract Our discussion will focus on how to enhance effective communication in the work place, specifically between the supervisor and the employee. We will look at common events, and how much of the communication process is in the hands of the employee. We will also discuss how communication not only comes in the form of … Read more
Introduction: Often ‘Creativity’ and ‘Innovation’ are used synonymously. However, there are indispensable differences. Literally creativity is an essential pillar for innovation. This is reflected in the now widely accept definition of innovation equalling creativity plus (successful) implementation. Creativity by itself, to come with new ideas, is not enough. In order to get benefits one needs … Read more
A critical appraisal of the “best practice” and the “best fit” approach in HRM – A Lincoln Electric case study analysis – 1. Introduction The discussion between promoters of best practice and best fit approaches has sparked widespread controversy in the human resource management (HRM) area. The topic has gained much scholarly attention because it … Read more
How to write a business essay
When writing a business essay in fields such as Management, Marketing, Finance or any other business related topic, adherence to specific guidelines is essential in developing a piece of work that is insightful, well-structured and fascinating.
Guidelines are also essential in coming up with an essay that is coherent, perceptive and credible. The most noteworthy deliberations regarding writing a business essay are that it offers related content as well as its concepts and ideas being backed by qualified references or examples. Other essential factors to be considered when coming up with a business essay include use of appropriate language, design and presentation.
The following sections offer fundamental guidelines on how to write a business essay.
Before writing commences
1. Scrutinise the essay question
Ascertain precisely what the essay title/question is asking you to discuss. Examine the exact wording to work out the methodology you need to adopt. Key words which are frequently used in business essay questions include ‘interpret’, ‘analyse’, ‘review’, ‘illustrate’, ‘criticise’, ‘compare’, ‘examine’, ‘describe’, ‘compare’ or ‘explain’. If you are formulating your own essay question, choose a topic that interests you, for this will make the process of essay writing more entertaining. Then narrow it down so that only one point or central idea is debated in association to that topic.
2. Research the material to be used for your business essay
In formulating an outstanding essay paper, carrying out good research is critical. Whether you search for research material using the internet or at the library, always choose information from academic sources that are reputable. These sources may include case studies or articles from official journals such as the Journal of Management, or books noted by professionals, researchers or scholars on the same topic or subject matter. Academic sites such as http://questia.com, http://scholar.google.com and https://emeraldinsight.com offer abundant resources for a wide range of business topics. As you write your essay, remember to note the specifics of your information sources (such as title, publisher, author, page numbers, place and date of publication) so that you can offer credit to them.
3. Come up with an outline plan for your business essay
Creating an outline plan or a business plan for your essay will help you organise your main ideas and arguments so that they can be represented in a coherent sequence once you come to write the essay. Note down the major points you’d like to include in the essay’s introduction, main body and conclusion.
Writing your Business Essay
Learning how to write a business essay is not just about writing the essay. You need to come up with a first draft of your essay as per the structure of your outline plan. Try to use a precise, clear language and business terminology which is constructive in putting your points across. On every account avoid the use of jargon. To present your work logically, the following essay format is recommended. It may not be necessary to include all the components discussed; only those that add value to the essay are recommended.
To start with, in the introduction part of your essay, outline your comprehension of the essay question and state how you’re going to tackle it. Make sure that you clearly define the objectives of the essay. Objectives determine the scope of your essay setting out precisely what you are reaching a conclusion for. In this section, you may want to include definitions of relevant business terms.
In the background part of the essay, offer some ground theory on the essay topic or company to be discussed if working on a case study. Further, in the findings part of the essay, (in reference to the sources you’ve collected), carry out a comprehensive analysis of the topic. Make sure that you critically evaluate viewpoints from a number of authors in order to offer a rational discussion and tackle reasons for and against the argument presented. Examine correspondences and approaches that conflict and exhibit independence of thought by offering your own outlook. Correctly structure your ideas and link paragraphs in order to make the presented information seamlessly flow from one idea to another. Throughout this section always remember to reference your citations as per the referencing method recommended in the university guidelines such as footnotes or Harvard. Quotation marks are used to indicate an exact phrase as taken from an information source. If you are paraphrasing, give the reference at the end of the sentence/s paraphrased. The number of references that can be used often depends on the nature and length of your essay. Ten references for every 1000 words is an effective rule.
Finally, in the conclusion part of your essay you should reach your final conclusion by logical reasoning. Discussions undertaken in the main body of the essay should be pulled together concisely. Unequivocally state your outlook as the final result, making sure that you answer the question presented in the introduction section as fully as possible. This final part should also be regarded as a chance to express any recommendations for future action or further investigation on the topic.
Besides, if you adopted the Harvard referencing method, give a list of all used references in alphabetical order. Also, this part constitutes of any supportive content (such as charts, graphs, or written text) that is too enormous to include in the main body.
Proofreading and Editing your Business Essay
Make sure you print a copy of your first draft and read through it. Use a checklist to aid you in marking up any stylistic or grammatical errors, improvement areas and weak arguments. A checklist example could include the questions such as: Is your content put forward in a logical order? Is the essay question answered? Is the essay content relevant and accurate? Is the language precise and clear? Is the punctuation and spelling up to standard? Have you backed your major points with examples and arguments? Are your sources all properly referenced?
Modify the parts of the essay that do not please you and correct any spelling errors or punctuation. Continue to edit and proofread your essay up to the point where you can’t add any value to it.
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