Why Do Businesses Fail? Essay - 1520 Words

Business School & MBA Scholarship Application Essay …

“Dear Student, why do you want to attend our school?” - How do you answer this question

Now I began by complaining about wordiness, but I've just completed a whole paragraph and have not really accomplished anything beyond offering the banal advice that you should avoid clichés. Fortunately for me, I don't have to try to impress anybody. But you do. The best way to impress the reader of an essay like this is do demonstrate the unique complexity of your thinking and your being (i.e., the unique complexity of you yourself). Every time you use a phrase that everyone else on the planet also uses, you lose an opportunity to demonstrate that. Try to have that goal (of demonstrating your complexity) in mind when you write a personal essay. It might help to ask yourself, as you write, What am I really saying here? When you say "business makes the world go round," for instance, what are you really saying? What kinds of impacts on what kinds of things are you thinking about? Why are you interested in those impacts?

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It is well known that the financial crisis which started in 2008 is a worldwide recession. Even the Lehman Brothers Holdings, which was a global firm with a high reputation, went bankrupt on September 15th, 2008. Lehman Brothers Holdings failed because it was unable to retain the confidence of its lenders and counterparties and because it did not have sufficient liquidity to meet its current obligations. (Anton R. Valukas, March 11th, 2010) Undoubtedly, the impact of Lehman’s bankruptcy was tremendous and it included a fall in NY stocks, approx 5000 Lehman staff lost their jobs and a series of small banks collapsed. (Gary Duncan, Sep 16th, 2008) It is widely hold that the risk, along with the interest, in business is so ordinary and ranges according to the scale of a form that, one day; it is possible that another big corporation may go bankrupt without any warning. Indeed, the recession may roll over the business world again. This essay will present five reasons why businesses fail and will list some actions which may help corporations to avoid bankruptcy. The five reasons will be divided into two parts: internal and external.

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Free successful business papers What Makes a Business Successful? This essay will break down why businesses struggle with ethical decisions but.

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Many business schools ask applicants to answer an essay question like this one: “Why do you want to earn an MBA?”. Applicants have an opportunity to speak freely and candidly to the admissions committee about their motivations – and more applicants should.

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You will have noticed how little is left of this review and so perhaps already feel the disappointment of having learned so little from it. Unfortunately, I've allowed myself the luxury of speaking in a very prolix and general way about your essay because I knew I would end up saying this: Start over. Think about what business really is and tell your reader what you really think and what you really want to learn and why you think you can learn it at Penn. Think about what the school you're applying to actually does and why it does what it does and why you find that good. The school has produced pages and pages of "Why we're great" content on its website, so there's no excuse for resorting to the generic stuff you resort to in this essay. Final example of what not to and what to do. Don't write nonsense phrases: "I would love to further extend and improve my experience and relationships with younger students by tutoring them, as a new member of Civic House." Do this instead: Think about what Civic House is and why it's a good thing and why you should actually get involved. Then write about that.

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Essay: Why Do Successful Companies Fail?
Introduction
The most important thing any business should get motivated to is the ability to make profits. If the business is not directed to reaching that goal, it heads to fail. If the business is directed to make that move, it should concentrate on the things that make it raise profits. Every successful business has goals, vision, mission and strategies to drive it to the goals and achievements (Zoss).


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