Business essay

Struggling with where to start this assignment? Follow this guide to tackle your assignment easily!

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Step 1: Understand the Assignment Requirements

• Write a 5-7 page business essay covering key topics from Modules 1-7.
• Discuss business roles, stakeholders, functional components, global factors, business ownership, and entrepreneurship.
• Use at least 8 references from course readings and additional sources on your researched corporation.
• Format the essay using APA 7th edition, with 1.5 line-spacing and 12-point font (Arial, Times New Roman, or Calibri).

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Step 2: Structure Your Business Essay

1. Title Page

Include:

• Title of the assignment
• Your name
• Course name and code
• Professor’s name
• Submission date

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2. Introduction (½ – 1 Page)

• Introduce your selected business and its industry.
• Briefly outline the key business topics that will be covered.
• State your thesis (main argument or focus of the essay).

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3. The Role of Business (1 Page)

• Define the role of business in society.
• Explain how businesses contribute to economic growth, innovation, and employment.
• Provide an example from your researched company (e.g., how Amazon drives e-commerce and logistics innovation).

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4. Business Stakeholders (1 Page)

• Identify key stakeholders:
  • Consumers (customers who buy the products/services).
  • Employees (the workforce that supports operations).
  • Business owners/shareholders (those who invest in the business).
• Discuss how your selected company engages with stakeholders (e.g., Tesla’s focus on sustainable energy for consumers, employee retention strategies, and shareholder interests).

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5. Functional Components of Business (1 Page)

• Explain the key functional areas of a business:
  • Operations (production & supply chain management).
  • Marketing (advertising, customer engagement).
  • Finance (revenue management, profitability).
  • Human Resources (employee relations, hiring).
• Provide an example of how your company structures these components (e.g., Google’s HR policies for attracting top talent).

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6. Global Business Environmental Factors (1 Page)

• Define global business factors (e.g., economic conditions, political stability, technological advancements).
• Discuss how your company operates globally and adapts to different markets.
• Example: McDonald’s customizes menus to fit cultural preferences in different countries.

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7. Forms of Business Ownership (1 Page)

• Explain the different forms of business ownership:
  • Sole proprietorship (owned by one person).
  • Partnership (shared ownership between two or more people).
  • Corporation (legal entity separate from owners).
• Discuss your company’s structure (e.g., Apple operates as a corporation with publicly traded shares).
• Highlight the advantages and disadvantages of this structure.

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8. Entrepreneurship (1 Page)

• Define entrepreneurship and its importance in business.
• Discuss how your company was founded (e.g., Jeff Bezos started Amazon in his garage).
• Explain the entrepreneurial qualities that contributed to its success.

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9. Conclusion (½ – 1 Page)

• Summarize the key points of your essay.
• Reflect on the importance of business knowledge in today’s economy.
• Provide a final thought on your company’s impact and future growth.

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10. References Page

• List at least 8 references in APA 7 format.
• Include course readings and external sources on your researched company.

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Step 3: Review and Finalize

✅ Check formatting: Ensure the paper follows APA 7th edition.
✅ Proofread for grammar and clarity (use Grammarly or another editing tool).
✅ Verify all citations and references.