Business essay topics in today’s world are of increasing diversity. This collection is designed to include a vast range of different business essay topics, including accounting, business culture, business ethics, economics, finance, globalization, human resource management, international trade, investments, management and leadership, and marketing essay topics.
Accounting Essay Topics
Accounting Information Systems
Corporate Income Tax
Business Culture Essay Topics
Global Digital Divide
Multicultural Work Groups and Teams
Women in Business
Business Ethics Essay Topics
Economics Essay Topics
Acquisitions, Takeovers, and Mergers
Asian Financial Crisis
Economies of Scale
Economies of Scope
Finance Essay Topics
Globalization and Business Essay Topics
Human Resource Management Essay Topics
International Trade Essay Topics
Investment Essay Topics
Foreign Direct Investment
Foreign Portfolio Investment
Multinational Competitive Disadvantages
Management and Leadership Essay Topics
Marketing Essay Topics
Undertaking commerce even by an individual can mean working globally through a welter of new media with opportunities of all sorts rapidly appearing. The boundaries, scope, content, structures, and processes of a business activity can morph into completely different ones in the course of a project. Contemporary businesses and certainly future businesses find it incumbent upon them to fit with the requirements of environmental and economic sustainability of the others who inhabit our world. Of course the practices, technologies, and tools of business are currently utilized by professional managers in government, education, arts organizations, not-for-profit organizations, political organizations, social service organizations, etc. That is, rather than having an opera company run by a former singer who charms its patrons, what is expected is a former singer who is a professional manager who is adept at grappling with the issues, requirements, and expectations associated with responsible business.
In the past century most business topics were free-standing and mostly of interest to narrow specialists in related departments and organizations. However, the 21st century is one of cross-boundary actions. For example, Amazon incorporates the knowledge of prosumers’ book and other product reviews as part of its service to customers. Wal-Mart has suppliers who are alerted by data fed to them by the scanning of RFID tags when the product levels of a particular shelf in a particular Wal-Mart store or in Wal-Mart stores of a particular region or country indicate that it is time to initiate the production packaging and shipping of their products to Wal-Mart. These vendors actually might better understand parts of Wal-Mart’s inventory sales, promotions, and requirements better than Wal-Mart managers.
Such new types of partnering create new terms and topics that those wishing to successfully engage and utilize must understand. Increasingly used structural approaches such as outsourcing and offshoring transcend the still important and now classic conceptualization of international business through an understanding of intercultural issues, the political and economic environment of key countries around the world, home country and host country issues, joint ventures, multinational corporations, international negotiations.
Globalization is a by-word of the current business epoch. Today it is normal for a business in a developed country to employ clerks, technicians, salespeople, customer relations agents, and increasingly professionals such as managers, engineers, and researchers in emerging market nations such as India, China, and Vietnam. Increasingly, corporate teams work virtually with team members distributed around the world. New technologies provide interfaces that are coming to replicate and in some ways even improve on the kind of exchanges that traditionally were only available in face-to-face situations.
In the post-Enron, post-Bhopal, post–Three Mile Island, post–Exxon Valdez, and post-9/11 environment, business and society issues and topics refract off each other with new meanings. For example, what in the past might have just been a climate of corruption, bribery, ineptness, and lack of accountability, now in this or that far-flung place today might have global implications.
Management information systems are a new universe of technologies, and the terms and topics that encompass them, from just 15 years ago. New applications and functions have proliferated, including e-commerce, the blogosphere, social networking (including Facebook and LinkedIn), digital dashboards, e-learning, executive support systems, internet, intranets, extranets, identity theft, moblogs, privacy, spam, transaction processing systems, virtualization, virtual companies, VoIP, business process reengineering, data warehouses, and customer relationship management (CRM).
Operations management is a field of business that is undergoing many structural and technological changes. The quality management revolution starting in Japan and developing in the mid-80s in the United States and Europe has been overtaken by new issues of global supply chain procurement and distribution. New approaches to designing services take on more import in a service economy. Service blueprinting, front office and back office activities, and servicescapes are among the new by-words. Location analysis, hybrid layout design, and process product and fixed position layouts are increasingly structured in their deployment. Enterprise resource planning (ERP) is increasingly sophisticated with new connectivity and integration issues.
Management strategy has been redefined in the United States by agency theory, the resource-based view of the firm, and such important accounting legislation as the Sarbanes-Oxley Act. New types of financial instruments and their deployment through a wider than traditional spectrum of organizational types resulted from deregulation. The looseness and oversight of this new environment resulted in a looseness in financial dealings. Financial institutions worldwide have been shaken by the great mortgage crisis of 2008. This followed the bailing out of Bear, Stearns, & Co. Inc., a leading global investment banking and securities trading firm, by the American federal government. The world economy is increasingly integrated. The European Union (EU) and NAFTA are just two of many such international structures that foster freer trade. The high price of oil in 2008 reflects the ongoing power of OPEC.
Marketing is no longer just a department in a company; rather it entails the collaboration of many departments, vendors, and even customers working together to market products and services. Today we find companies such as Dunkin’ Donuts focusing on the quick provision of inexpensive cups of coffee to go and at the same time other companies such as Starbucks going beyond that to market an entire experience, lifestyle, variety of flavors, and even music to their target market.
We see lateral and vertical marketing, yet the classic mix of the 4Ps of product, price, place, and promotion still frame marketing decisions. Pricing decisions can spring from such varied strategies and focuses as penetration, competition’s price, bundling, differential product line pricing across different price-points, psychological selection of price amounts, and premium pricing to exclusive target markets. Advertising nowadays at times includes subliminal or covert messages. Internet advertising is arising in many new varieties. Marketing has gone from international marketing to global marketing, where marketing decisions are made to apply across multiple countries.
This list of business topics is current and packed with essential information on the state of business in our world. Not only does it reflect where business is, but also conveys the trajectory of business further into the 21st century. The current status of English as the new Esperanto is having a big impact on business around the world. Many business schools in all parts of the world are now offering courses and programs in English. This is creating a need for a reference that will explain English language topics and terms, in university, business, and public libraries. Coverage of the global has not been at the expense of the local. This list of business topics provides insight into the development and current business situation in a wide spectrum of nations through essays on many individual countries. We hope that this section will provide clear overviews of the important business topics of our time.