Is the Business of Business only Business?

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113 comments Page 2 of 12.

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)

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)

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)

Sajid said:   1 decade ago
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.
(43)

Sajal Jain said:   1 decade ago
Business of business is not only concerned for profit it is also about services provided by BPO sector.
Profit is the major factor but business process outsourcing is also one of the major term which can be discussed over here.
(7)

Jordanz said:   1 decade ago
Business is definetly not in term when we say its only meant for profit. Originally yeah of course, its main aim is profit making and pulling the business to the summit. But this does'nt mean it only concentrates on this objective. Many compnies nowadays are contributing as far much as we can see to the society. Infosys for that matter. They are devising programs in setting out various activities that would make us youths to help them in contributing to their customers: as normally youths mentality and expressions are far beyond creative. So if this s the case that business is business and only business, then whats the point in adapting a mission and vision statement. Thrash them right away.
(5)

Haresh dholariya said:   1 decade ago
I think business is not a business reason is that today in competition era every company have same product so way choose any one out of them because they provide more satisfaction and doing right thing for society and the company contribute their profit for society like ITC contribute 1 rs. Every stationary product so that is good thong to do and pay society whatever you earn from society.
(3)

Priya said:   1 decade ago
Hello friends, I think business of business is not only business. If a firm only thinks of making profit and not customer satisfaction then it'll not survive in market. It has to make goodwill in the market once goodwill is created then the company has full faith of customer and obviously hell earn profit. For eg. Their are two companies one company is selling a product at higher prices as it has to earn profit only and other company is selling the product at a sightly lower price so obviously the customer ll buy the profit from the second company and after sometime when company will earn goodwill then company will increase the price and start earning profit.
(11)

Nandini said:   1 decade ago
In my point of view business is not only business. Yes I agree with that all business man looking for only and only profit in today's life but they forget if they not give best service to consumers they gone in loss they have a big responsibility to provide best service to consumer who blindly believe them. If they satisfied from those business only then those business can get profit otherwise not. Consumer is leader of all and each business.
(10)

Sarosh akhter said:   1 decade ago
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.
(58)


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