Easily Customizable Capstone Topics for Business Administration Majors
- Globalization in Business
- Importance of Cultural Awareness
- Growing Role of Technology
- Why Countless Start-Ups Fail in the United States
- Salary Negotiation With Entry Level Roles
Students who are in search of business administration capstone topics often face problems related to the lack of unexplored topics. Given the number of Ph.D. candidates, it is not surprising that people find it hard to come up with something that has not been researched before. Well, below are some of the best starting points that can be revamped for uniqueness.
1. Globalization in Business
The term globalization entered the business spheres a few decades ago and has not stopped growing ever since. The recent trade war between the United States and China, which employed countless tariffs, is a perfect testament to this. Even with over 7,200 miles between these two regions, both countries found a way to impact each others’ markets. Thus, globalization has certainly reached a point where consumer goods and services are facing ver lenient laws of cross-border operations. A capstone topic in this area would be a great starting point because students can subsequently modify it however they please to avoid plagiarizing anyone.
2. Importance of Cultural Awareness
According to Forbes, corporate culture is one of the key influencers of employees’ performance levels, motivation, and workplace atmosphere. Unfortunately, a lot of large organizations lack the necessary cultural awareness. Some historical examples include conglomerates such as Best Buy, eBay, and even Google. Trying to expand to areas where their services are not commonly used cost all of those brands millions of dollars. Thus, choosing to research such patterns and finding an innovative question to answer here can be another excellent business administration capstone topic.
3. Growing Role of Technology
Other than globalization, the implementation of technology is probably the only other trend that has such an aggressive track record. Just consider, for example, how Amazon was able to enter the market dominated by eBay and completely overtake it relatively quickly. Whilst they have been in business since the 90s, it just took a few years for them to become the industry leader based on their inventions of prime services such as the next-day delivery. Therefore, focusing the capstone topic around technology in business would be a great chance to explore patterns such as the aforementioned one.
4. Why Countless Start-Ups Fail in the United States
According to the U.S. Small Business Administration Office of Advocacy, approximately one-third of all companies make it to the 10-year mark of existence. The list of reasons that cause this is extremely long and includes everything from a clear lack of planning to overly zealous expansions. Students who may want to have their own business one day should certainly look into this area. Doing so can help them learn the ins and outs of starting a new venture as well as some of the most common mistakes that should be avoided.
5. Salary Negotiation With Entry Level Roles
Finally, one of the most under-explored topics when it comes to all college majors goes back to salary negotiations for recent graduates. Since business administration students can effectively tie their capstone course to this topic, however, they have a perfect chance to explore it thoroughly. Some great points to analyze would include proper ways to approach professional negotiations, why many individuals do not negotiate at all, and what leverage newly graduated folks have. Besides securing a solid topic, choosing salary negotiation will be perfect for anyone interested in maximizing their earnings early on.
Related Resource: 25 Most Affordable Online Master’s of Business Administration Degrees
Due to the versatility of all of the choices, it is safe to say that most, if not all, prospective entrepreneurs will find something that sparks their curiosity. After all, each of the five business administration capstone topics above can be further broken down into dozens of sub-questions worthy of extensive research.