Is the Business of Business only Business?

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113 comments Page 11 of 12.

Ajit sahoo said:   1 decade ago
If any investor is investing money, there no doubt he/she goes for profit but we are leaving in one society, we are responsible for our social responsibility. Corporate world has social responsibility. Making profit, generate revenue and going for growth without this company or business man cannot sustain.
(3)

Onkar A Puranik said:   1 decade ago
Yes I am agree of the point which is our pointing out. This is only way in business to do the great deal of business. So as we can handle as much we can. As per taking into consideration of relative business strategies we can say that business is business only for business. And in in it propriotor look in his profit maximization and this is the best strategy. It also creats new ideas for the future of the particular compony.
(5)

Puneet said:   1 decade ago
In the existing scenerio the organisation not only think for profit maximization but they also think about the society point of view that is why they are indulging in csr activity also. I wanna give you an example of it like when you purchase any classmate register then every time 1rs given for the poor person and its a good activity by them. Most of the organisation inspired by these work to doing csr activity.
(4)

Hemant said:   1 decade ago
In current emerging and compitative market no business can able to survive by the motive of profit only. If they think about only profits and not for the customers than society as a whole reject the product and its become a reasoning of the failure of the business.

Concept of CSR is adopted by many companies in all over world only because they know that today buyer is the king of the market.

There are choices for the customers for a similer product. If one company which supply product only with the motive of profit compete with another having CSR policy, surely the later one will be winner.

Business entities are using the resources of the society so they are responsible for society for fullfiling their need by earning a reasonable level of profits.

So business of business is not only business.
(22)

Pratibha kumari said:   1 decade ago
Business is not only business. It increase the society value and help in the society. Because if society value increase then business profit will also increase. They can do business on across the state or country and make own reputation. If you talk only profit, its mean you can earn money through crime, cheat etc. But you can not make own reputation in your society. So business is not business. Business means, you do work through employee its means you have ethics. Businessman think if their society become rich then he can also profitable.

Business wants firstly customer satisfaction then he get profit. Many company wants only profit, so they never invest in school, hospital for poor.
(6)

Abhi said:   1 decade ago
According to my point of view. Business of business is only business is true, atleast for today's era n genration and its only motiv is profit, profit and profit. If we talk about FDI in India then our major industries don't have any problm with this foreign invsment just becaz thy will get profit from the FDI's but our local shopkeeprs oppose FDI why. ? why they oppose foreign investment in retail just because it will harm their business n directly affect their profit. So in this genration there is no place for emotions evryone thinks about his/her persnal profit. So why not these business persons.
(11)

Mohanapriya.m said:   1 decade ago
In my point of view, the above statement saying "business of business is only business" is exactly true. Because nowadays no business men think about the development of the society. They have no worries or care about the common people. Their intention is only on money. They work only for the prosperity of their company or institution. Thus the above phrase is an awesome match for today's business people.
(7)

Avishek Sengupta said:   1 decade ago
Here the word business is used in in multiple meaning. Most often we common men think that business means no ethics. But it not not true. Most of the successful organization has increased their popularity worldwide by their ethics and values. If it is only business to them means only for profit for them then a business will not survive. They may get money for few years but after that their without goodwill they will not survive in this competitive market.

GeneralLy all good organizations do welfare works regularly apart from their business. They also take care about the environment and betterment of their employees too. So business of business is not only business. It can be succesful if the members of the business work as family and take care of their neighbors :-).
(35)

Jeyakanthan.b said:   1 decade ago
In my point of view. Business is not only the business, it shows our product quality to our customer needs. It should not hazard to our environment. It should be a equal to every class of society. If we do like this we can improve our society.
(16)

Priya said:   1 decade ago
Today's all business are depending only increasing profits.how many brands are coming in market and people are using this type of things for low prices. beacuse advertisements also one of the business attraction of our country so people only starting buiness only profit oriented.
(9)


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