Business Essays

The Wealth of Nations

Adam Smith on the Relationship between Town and Country Most people, Smith believes, would rather “invest their money in the development and cultivation of land than in industry or international trade.” Keeping one’s money inland, he claims, brings it “more under one’s sight and command.” Furthermore, “the magnificence of the country, the delights of country ... Read More

Pages: 4       Words: 1075

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The Use of Incoterms in International Trade

International Commercial Terms (Incoterms) refer to the globally-recognized set of standards or regulations used to import and export goods. They were introduced by the International Chamber of Commerce (ICC) to help importers and exporters understand parties responsible for every aspect of the shipping process, such as preparing certificates of origin, packaging and labeling of shipment, ... Read More

Pages: 5       Words: 1351

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The Unfairness of Low-Wage Work

The United States is a society that prides itself on its working population. Having a job is valued in American society and is associated with social and financial competence. However, the reality of many workers is jarring since some jobs pay very little and the connection between having a job and decent living is non-existent ... Read More

Pages: 4       Words: 897

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The Securities and Exchange Commission

Introduction The Securities and Exchange Commission is an American-based organisation that is responsible for monitoring securities markets and assuring investors. In September, 24, 2021, Stephan Toth and Thomas Powell entities, Homebound Resources LLC and Resolute Capital Partners were accused of alleged misinterpretation and omission of materials with several unregistered oil and gas companies. Toth and ... Read More

Pages: 4       Words: 902

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The Pert Mustang Case Study

Vicky’s Report Robert Auto Sales and Service (RASAS) now has three automobile dealerships, two auto parts stores, a huge body shop, a salvage yard, and a painting facility to better service its clients. Vicky Roberts, the owner of RASAS, inherited her father’s Ford dealership. Her hard work, education, and experience allowed her to grow into ... Read More

Pages: 10       Words: 2676

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Annotated Bibliography: The Importance of Project Management

Atout, M. M. (2020). Importance of Project Management Implications in Construction Industry Projects. BULMIM Journal of Management and Research, 5(1), 17-27. The resource was authored by Mamoon Mousa Atout, an assistant professor at the “American University in the Emirates”. He is also a senior specialist at the institution with a Ph.D. in engineering and project ... Read More

Pages: 8       Words: 2065

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The Impact of NFTs

In the article, Laurence explains how NFTs bring a positive change in the arts/cultural/creative economy. NFTs will ensure that artists and creatives will have their products copyrighted hence will eliminate the duplication and use of their work without consent. NFTs are transactions that take place under block chain technology, which offered a credible way of ... Read More

Pages: 4       Words: 940

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The Differences in Transportation and Logistics Functions of Reverse Logistics

The supply and distribution sectors apply the terms transportation and logistics interchangeably; however, they differ in the scope of operations and functions. Transportation is the movement of merchandise from one point to the other along the distribution channel. On the other hand, logistics is the inward and outward movements of goods from the manufacturer to ... Read More

Pages: 6       Words: 1635

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The Concept of Work-Life Balance

The concept of work-life balance has gained popularity in today’s business world with the main goal of achieving societal prosperity and meaningful lifestyle for workers. The term is often used in large companies and it is associated with corporate welfare which involves promoting each employee’s growth and the continued development of the organizations. The main ... Read More

Pages: 3       Words: 783

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The Black & Decker Corporation: Power Tools Division Case Study

Black & Decker is a manufacturing firm that specializes in the production of power accessories and tools, as well as home items, security hardware, and outdoor equipment. In the Black & Decker Corporation: Power Tools Division case, there exists competition amongst Makita Electric and B&D in three important sectors of the power tool business— Tradesmen, ... Read More

Pages: 6       Words: 1386

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Tesla Marketing Strategies

A solid marketing strategy needs to focus on the firm’s value proposition, which tells customers what the company stands for, how it runs, and why they should do business with it. Therefore, the marketing strategy is considered a detailed outline of the marketing plan, which is a document that outlines the many sorts of marketing ... Read More

Pages: 9       Words: 2239

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Tesla Inc. Analysis

Martine Eberhard and Marc Tarpening formed Tesla Company in 2003. The company’s development was spurred by creating an electric sports automobile. Elon Musk, a co-founder of Tesla, was one of the persons who contributed financially. At the company’s start, Eberhard served as Chief Executive Officer, while Tarpening served as Chief Financial Officer. Musk served as ... Read More

Pages: 8       Words: 2146

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Teamwork and Teambuilding

Teamwork experience Teamwork, in my opinion, is one of the most important aspects of any organization. In the majority of organizations that value teams, teamwork is essential to innovation and invention. It encourages the merging of various perspectives from various individuals, and it’s the end outcome of this process that becomes a marketable idea. In ... Read More

Pages: 6       Words: 1606

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Supply Chain Management

Walmart has efficient supply chain management systems which improve its ability to track its commodities from the manufacturer to the point of sale. The company has remained a dominant retail store over the years by continuously improving its supply chain processes. Efficient supply chain management systems enable a company to reduce the prices of commodities ... Read More

Pages: 3       Words: 744

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Supply Chain Management Plan

Company Profile General Business Information Johnson and Johnson is a public company founded in 1886 by Robert Wood Johnson, James Wood Johnson, and Edward Wood Johnson. The company is based in New Brunswick, New Jersey, the United States of America. Johnson and Johnson comprises over 250 operating companies with approximately 140000 employees globally. Company Overview ... Read More

Pages: 4       Words: 981

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