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Business Essays

Critical Review of Milton Friedman’s Essay ’The Social Responsibility of Business Is To Increase Its Profits

Introduction The article “The Social Responsibility of Business” by Milton Friedman is the primary source for this essay. Over an extended period, it has been evident that the social responsibility framework creates a unified and vital field of business growth since it encourages business institutions to incorporate fair business practices in any given situation. The ... Read More
Pages: 11       Words: 2882

Essay on Corporate Accountability

Ownership structures refer to the legal structures of the business entity. This includes the internal entities, the rights, and the duties granted to the business owner. Ownership structures often change as the business grows and generate income. A business owner takes the responsibility of choosing the legal form that identifies the business. The ownership structure ... Read More
Pages: 5       Words: 1327
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Control and Budgeting: Personal Budgeting

People, groups, and companies operate under limited resources which require them to allocate the resources to the operational needs. To ensure that the scarce and limited resources meet the organizational or individual needs, heavy planning is involved. The planning is informed by the needs, which leads to the expenses and the income, referred to as ... Read More
Pages: 4       Words: 852

Remote Working in the Post-COVID Period and Implication on Leadership

1 Introduction Covid-19 brought about unexpected changes in the business world, some of which have been recently adopted and made policy. One of the most common trends that found a place in today’s workplace is remote working, where employees are allowed to work from home. This report will explore the challenges leaders face following the ongoing ... Read More
Pages: 11       Words: 2895

Essay on Congestion Pricing

Traffic congestion remains a significant challenge facing major cities across the United States. Traffic congestion often occurs when many vehicle users seek to use the roads within a similar period. However, this often results in movement taking longer, increased pollution, and increased transport cost. Subsequently, one of the solutions made to address traffic congestion has ... Read More
Pages: 3       Words: 661

Conflict Management Styles

Conflict resolution is a process in which good outcomes are prioritized, and negative ones are minimized. This vital managerial ability necessitates innovative thinking, negotiation, and the application of several tactics. An organization can effectively manage conflict, improve business outcomes, improve customer satisfaction, and reduce interpersonal disputes. There are five conflict management techniques, as defined by ... Read More
Pages: 3       Words: 759

Conflict and Negotiation

Conflict and negotiation are two of the most important parts of organizational life. They are also two sides of the same coin, which means that each can affect the other. Conflict is a natural part of human interaction, but how we handle it can significantly impact our ability to accomplish our goals. Negotiation is when ... Read More
Pages: 8       Words: 1928

Keynesian and Classical Economy

Introduction Classical model emerged as an opposition to Mercantilism. Two beliefs defined mercantilism; Bullionism held that a nation’s wealth is defined by its stock of precious metals and that the government should intervene in the economy. Adam smith inspired the classical model. Classical economists consider full employment usual. There is no overproduction or unemployment in ... Read More
Pages: 4       Words: 893

Comparison Report; Working From Home vs. Working From Office

Executive Summary The report paper entitled “Working from home vs. working from office” provides an overview of the optimal work-life balance scenario, which is having the ability to work from home while being there for one’s family. People can now enjoy increased job flexibility as a direct result of the technological advancements that have taken ... Read More
Pages: 7       Words: 1894

Classical Trade Theories

Mercantilism Mercantilism theory states that a country’s wealth is determined by the amount of gold and silver it holds. Thus to increase wealth, a country needed to discourage imports and encourage export to ensure that it always has a trade surplus in the form of gold and silver. Mercantilism formed the basis for protectionism, which ... Read More
Pages: 4       Words: 906

Changes Required To Pursue a Successful Business Strategy

Organizational Overview and Problem Statement The Fast Moving Consumer Goods (FMCG) industry in Saudi Arabia is dynamic, and many proprietors seek professional consultation to maintain a competitive advantage. As a company offering commercial and marketing services to global and multinational corporations in the country, numerous opportunities exist to excel. The company is divided into critical ... Read More
Pages: 8       Words: 1957

Organizational Change Implementation

Organizations often run on a particular culture and system that makes progress stunted or very slow, thus affecting the expected outcome of the organization. Change agents analyze the desired results, the factors that hinder progress, and the most effective changes to be implemented depending on the parties affected. Affected parties when implementing changes are; the ... Read More
Pages: 5       Words: 1269

Business Essentials Advanced-Case of Marvin and Smith’s Coffee Shops’

Marvin and Smith’s Coffee Shops’ Global Expansion Marvin and Smith’s coffee shop should expand to Italy due to strategic reasons that make it a perfect international destination. These strategic reasons include a competitive landscape, culture, and lifestyle that drives the coffee market, as well as the arrival of international players who have disrupted the traditional ... Read More
Pages: 11       Words: 2905

Business and Responsible Leadership in Times of Crises

Introduction A leader’s ability to leverage others’ efforts toward accomplishing challenging tasks, act quickly and decisively when necessary, and exceed the competition often characterizes leadership. It demonstrates a leader’s ability to motivate others to provide their best effort. Initially, leadership was predicated on the born leader, who has natural leadership qualities. A hierarchical control and ... Read More
Pages: 13       Words: 3311

Business and Entrepreneurship

Abstract The paper focuses on the topic of Business and Entrepreneurship by contrasting and comparing various articles on the same. The articles are the research work of different scholars, so they have various similarities and differences in their themes. The paper looks into various secondary sources on the impact of technology on Business and Entrepreneurship. ... Read More
Pages: 5       Words: 1219
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