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Samples
Management Essay
Subject : Strategic Management
Topic : Is Business Strategy A Mixture Of Luck And Judgement, Opportunities And Design, Or More Of An Art Than A Science?
Introduction :

Firms or companies today face a broad array of risks, problems and issues, be they strategic, operational, financial, customer, vendor, competitor, to name a few. Moreover, concerns about increased international competition brought about by the rapid globalisation phenomenon abound not only in the US but also in Europe with the further expansion of the European Union and in Asia and Latin America due to increased economic integration in these regions. Management experts therefore have argued time and again that firms or companies should respond to environmental changes, such as increased competition, by engaging in more systematic planning to anticipate and respond to changing and unforeseen events. The reason for this argument is because formal strategic planning has been seen to enhance a firm’s performance.

Thompson et al (2006) explain that a firm’s strategy is its management game plan for growing the business, staking out a market position, attracting and pleasing customers, competing successfully, conducting operations, and achieving targeted objectives. Thus, a firm’s strategy indicates the choices its managers have made about the specific actions it is taking and plans to take in order to move the company in the intended direction and achieve the targeted outcomes. In one way or another, a firm’s strategy is partly the result of trial-and-error organisational learning about what worked in the past and what did not. It is also partly the product of managerial analysis and strategic thinking about what actions need to be taken in the light of all the circumstances surrounding the firm’s situation.

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Finance Essay
Subject : Financial Markets
Topic : The Role of Hedge Funds in Financial Markets
Introduction :

A hedge fund is an investment fund which is a limited to high net worth investors. It undertakes a wider range of investment and trading activities compared to other investment funds and pays a performance fee to its investment manager. Management fee paid annually is usually 1%-2% of the asset. Performance fee is also paid which will be 20% of the return the manager makes from the asset (Hedge Fund Studies 2006)

Each fund has its own strategy which determines the type of investments and the methods of investment it undertakes. (Hedge Fund 2009). It can be invested in equities, futures, currencies, commodities, bonds, real estate, even in "Weather Derivatives" (betting on weather conditions) or seed capital for start-up companies like private equity / venture capital funds. Unlike mutual funds, hedge funds have no restrictions on "where" they could invest or "in what" they could invest in.( Hedge Fund Studies 2006)

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