StudentShare solutions
Triangle menu

History of business - Essay Example

Nobody downloaded yet
In the next segment, historical perspectives of marketing, consumerism and entrepreneurship have been discussed. Further by discussing the impact of technology, changing nature of work and the concept of deindustrialization, an attempt has been made to highlight the historical evolution and portrait of the current business scenario.
The term is specially referred to huge sized organizations or multinational businesses either in individual or collective sense. Today Microsoft, Google, General Motors, and Wal-Mart are leading organizations that are the leading Big Businesses.
The term came on the horizon just after the American Civil War along with the combination movement when the US Congress passed the legislation to allow the individual business entities to form up corporations. From 1895 to 1905, small organizations or firms took benefits from new legislation and consolidated into huge corporation through mergers and acquisitions processes. During the early phase of the Big Business, the US government had a lenient policy toward the business. Along with large public opinion, the government also believed on the laissez-fair theory that demands free economic markets without the government intervention. Therefore free developing market environment created a competition that led to fair prices for consumers. But it was a temporary phase. Within few years, these corporations became dominant on the American industries. They quickly gained control of all the aspects of the market of their respective industry and set new business trends and American life styles. Such corporations and their owners became exceedingly rich and influential mostly at the cost of numerous poor workers. For example during that era, Andrew Carnegie’s Carnegie Steel, John D. Rockefeller’s Standard Oil Company, J.P. Morgan’s Banking House, and Cornelius Vanderbilt’s New York Central Railroad System were the leading Big Business organizations. The owners of Big Business were ...Show more


Staring from ancient times, the human being has put its abilities, knowledge, expertise, and experience to build and improve its working field and life. This paper has mainly focused on the issues…
Author : kali23
History of business essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"History of business"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Business communication: personal language history
Being the second born to ethnocentric parents meant that I had to learn my mother tongue thoroughly before I could be introduced to another language. Our neighborhood also comprised of monolingual families from my race and therefore, my early encounters with language meant I learnt one language and accent.
12 pages (3000 words) Essay
Business History Analysis of Globalization
We have observed the evolution of the big national companies into multi nationals in the twentieth century with ever increasing boundaries for business and this trend of transcending national boundaries grew even stronger in the twenty first centuries and resulted in global companies.
8 pages (2000 words) Essay
International Business History: Randfontein Estate Gold
2011). Randfontein Estates is into the primary line business of Gold Ores. Corporate family of the company is quite big including 9 companies. Viewing the sales history of the company, Randfontein’s sales volume, as based on estimated type was $151,707,600 (Mergent Online, Nov.
8 pages (2000 words) Essay
History of Business Ethics and Ethical Theory
Ethics go hand in hand with culture as they characterize a moral dimension on how people act (Ardalan, 2008:514). People working together in a given entity differ in terms of their morals and values. Therefore, it is important to establish norms and standards within an entity to govern the way people relate.
3 pages (750 words) Essay
Business History
He was also a fervent supporter of the Canadian Pacific Railway (CPR). Jay Cooke was a renowned banker and a "financier of the Civil War". He was born in Sandusky, Ohio on August 10, 1821. A man of many achievements with a strong personality, a scheming mind and a generous heart, Donald Alexander Smith, 1st Baron of Strathcona, knows what he wants and will stop at nothing to get it.
5 pages (1250 words) Essay
Business History - coursework
According to Windolf and Beyer (1996), "Three major differences are identified in the structure of the networks in these two countries: (1) In Germany ownership is highly concentrated, i.e., shareholdings-generally by the non-financial sector-tend to be sufficiently large to allow the owners to dominate the firm.
5 pages (1250 words) Essay
Business History
Businesses squabble for a bite of the current and prospective clients by combining the raw materials, capital and labor resources to fill the needs and wants of the customers in time.
6 pages (1500 words) Essay
Business history
The Qing dynasty was one that was beleaguered with problems. The dynasty had a string of weak emperors who took minimal interest in their royal duties, and spent more time building their personal treasure houses or devoting themselves to
6 pages (1500 words) Essay
America Business History
Due to the emergence of any new enterprises, the need for smooth functioning through well organized offices is the need of the hour. Office furniture is one of the essential commodities which enhance the functioning and overall performance of any
3 pages (750 words) Essay
History of Business
Significant changes in the business sector emerged during the industrial revolution. Civil war is a major factor that influenced Industrialisation due to the increased demand for weapons by the North and South nations. Notably, sole proprietorship was the
4 pages (1000 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
Comments (0)
Click to create a comment
Let us find you another Essay on topic History of business for FREE!
Contact us:
Contact Us Now
  • About StudentShare

  • Testimonials

  • FAQ

  • Blog

  • Free Essays
  • New Essays
  • Essays

  • The Newest Essay Topics
Join us:
Contact Us