Is the Business of Business only Business?

Hello friends.

Before discussing I would like to get your attention to one incident which is happent kerala, ther is actualy a hill station and most of the people living there are labours of tea plants, most of the children of them are causing mental disability. Only reason for that is the pesticides used in the plants. Due to the hike of mental disable children the company had built a special school, so can we call it as social commitment?This is the reality, what they really have to do is stop using of that pesticide but what they really do is helping people after causing serious issues. Now the business of business become a business.

I think business of business is not only for business.

IN Today's competitive world every person who is doing a business may be small or large have an elementary idea about the customers they are dealing with. Gone are the days when most of the customers were illiterate and foolish, now a days consumer can easily judge between right or wrong and good or bad, in such a scenario if a particular businessman is doing a business only for business that is for PROFIT BOOKING ignoring the quality of the product then he will the ultimate loser because on broader point of view his product will not be purchased by anyone.

SO, if one want to excel in business he have to respect the business ethics and feeling of consumer. Just doing business for sake of profit booking will not last for long.

Also our government have taken initiative to protect the right of consumer and if in such a case anybody will be cheated he have to pay for it in many respect.

Hence I want to conclude that for development of business and for our better perspective, for our better name and trust in industry and business one have to do business of business truthfully and honestly.

Hello friends.

I have read all the views written here and now I want to present my views on this topic.

Everyone said that big organizations do so much for the society just like they open schools, hospitals etc.

But since, the only motive of each organization is to earn profit and that's only possible by standing in the society for a long time. Therefore, they can't forget about the society.

That means they do for the society but only for their profit.

Yes, they keep customer's need in their mind but why?

Because if they don't take care of customers then, customers will not buy their product.

This means that they have to do for society whether they want or not because only then they can stand for a long time and increase their selling. And this will definitely be profitable.

So, in my opinion, business of business is the business.

A businessman is a person who invest his wealth in a venture to gets it successful in future but along with profit businessman have to follow values and some CSR towards society as the business is run on society. So conclusion is the business of business is not only business but also the responsibility of businessman to be the contributor of country's development.

It is true that every business is started to get maximum profit but for long existence of business, it is compulsory to fulfill other responsibilities toward society and country to make them better.

Every business has its own responsibility and businessman should understand it very well. Any business can get succeed by satisfying the customers by providing them satisfactory products and services. Business is not only a profit for businessman but society and country's development is also depends on it.

Thus saying 'The Business of Business only Business' is not perfect but business is a relation among customers, society and country to make them better.

THANKS.

Hi friends, according to me business is not all about profit, because if we seeking for profit only, gradually we lose our customer and each and every business depends on their customer. So we have to deliver good service first to make our goodwill, once we made the goodwill we can earn more. It should be the responsibility of every business to keep their customer happy.

Good morning friends. I feel glad to share my thought in front of you. Yes business of business is only business. Business simply means maximize the profit and minimize the lose. If we are earning money then it simply means customer is satisfy with us. Yeah its true we need to do business after seeing what the customer want. If we are doing business without seeing the requirements of customer then the time and money is spend on it goes for wastage.

I believe that business of business is the only business if it involves social responsibility and sense of customers need and services. Gaining profit is soul of the business but gaining trust of the customers, make business live long and more profitable in long run. Every consumer have a different mind set at the time of purchasing but they have common expectations and views in terms of post sales services. Giving better services and making customers happy can be a key of success and is a contribution towards good and satisfied society. Hence in my view business of business is the only business is not a good idea in long term running.

I think business of business is the only business because if we go some years back the government asked every company to invest 2% of their total revenue in CSR but the studies show no company has spend more than 0. 089% of their total revenue all they care about is profit because if we look at the selection process of best companies in the world the main critaria on basis of which the company is awarded is profit and only profit, in case of selling the products ultimate objective is selling more and more so as to earn more and more profit. Not only selling but the motive of advertising is also making aware the consumers about the product so that they will buy only their products and company will make cash entries in their balance sheets we all know demand is directly propositional to sale and sale leads to profit so all they care about profit even if they provide better quality they charge you for everything quality, transportation, advertisement, and technology. So I would love to say business is only business.

Hello friends, please let me share my views in the present context, which is business. If we consider business as a book. The front page of the book says "business of business is not just business" but to be precise when we read the book completely the conclusion will be like "business of business is only business" some may not agree with this. So think, if some wants to start a business, what would be his/her 1st priority.

And the fact begin the answer given will be to earn more than I spent. That's what business is attracting the consumer by cover page and earning their profit by end of the book. It becomes quite complicated when argued. But in today's real world, the business of maximum number of businesses is just business.

Thank you.