Is the Business of Business only Business?

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113 comments Page 12 of 12.

Mohan Rao said:   1 decade ago
If the answer to the above question were yes then companies such as TATA, Infosys, Indigo, Southwest Airlines, WestJest Air, etc wouldn't have been different from their counterparts.

What differentiates every organization is its culture and not its profitability.
Only a strong culture can ensure a sustained growth of an organization even during the uncertainties. For eg Rocket Sales corporation of movie Rocket Singh(e,g. focus on customer service as culture).

The human perspective towards business has evolved over time.
Nowadays people's awareness has increased. Investments are no more attracted solely on the basis of chart patterns, ROI and ROE but also on the ethical base, vision and fundamentals of the business.
Therefore the Culture is gaining importance and maintaining it Should be the business of every business.

Subhashini Perumal said:   1 decade ago
From my point of view business of business is not only business the business person should also think about the society as well .. the business man should not think about profit alone he should also have to care about the society only then the business can grow .So the people who buy the products of a company can trust the company's value and the company should be trustworthy for the people to become their standard consumers....So the business is not only business of making profit its beyond money and marketing.

SachinAgrawal said:   1 decade ago
The phrase "business of business is only business " is very true. Sometime businessmen buy low quality product and sell them by their name. The customer buy that product because they believe in that brand. So business is all about business. Buying and selling is part of business. Customer see there profit, company see there profit. No one is concerned about other they only think of profit.

This happens a lot in cloth market they label the cloth by there tag and sell the the same product you can buy a roadside market there you get cheaper.

If we buy from mall we have to pay more money. Sometimes company buy the clothes from roadside and hang them in showroom there we pay amount 1000 for a piece of cloth which cost only 200.

I agree business of business is only business which make profit.

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