Is the Business of Business only Business?

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.

Business of business is only business. So first I would like to see what is business ?

Business of product or service, and product or service is nothing but bundle of solution. EG I am hungry I want food in just 2 minutes? Maggie!

And because of this way at looking business Cisco have grown from 1 billion to 37 billion in less two decade because they don't just provide software and hardware but they provide solutions. When business will be viewed as solution the solution should be long term and it should not raise another problem. So here strategy maker of business play important role of creating strategy which make their business a solution for needy.

Hotels, owned by various owners which is considered as business, Cab or taxi driven by a various person, it is their business, restaurants prepare food for a customer, it is also a business.

Oyo rooms, trivago etc. Dealing with hotels means doing the business of other business.

OLA Cab, Weber dealing with cab service doing the same.

Swiggy delivers food at doorstep from a different restaurant. So all these are doing the business of business which is indeed a business because they are interested in making their profit.

Hence proved that business, business is only business.

The business of business is not only a business. It is just like a Exploitation. You can see, a tobacco company doing a business and so many people affected to take it. Government doesn't stop those company for production of such type of material. In indirect way, Government Also doing a business to protect those injured people who is affected from tobacco and such type of materials by constructing hospitals. I'm saying that Construction of Hospital is only for tobacco afflicted people but government can take response in another way. Government Can protect people in direct way to stop the production of such type of material which is injurious for health but no, Government Is also doing business of business which is started by tobacco company.

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 :-).

Hello friends.

In my view, business of business is not only for business, because every organisation's vision is to sustain in market for a long term, for that they must satisfy the customer needs. So the organisation's first motive is to satisfy the needs of the customers, then automatically the profit will increase. So the corporate social responsibilities are important for all organisation then only the people are impressed. Then the organisation may easily achieve the brand equity.

Business is not only a business but it is a kind of education which no other profession teaches. It enhances the decision-making qualities, increases our awareness, etc. A business starts with an idea but works on planning. Planning to reach the demands of the customer. The customer is the judge of the king, and the business official does every effort in satisfying their king. Every business has a move of profit but prior to that is the satisfaction of customer. So business is not only a business but something more than that.

I am very glad to be a part of this discussion. According to me, the business of business only business is not just making a profit. Yes every businessman desire to make profit but when they do only business so they can not satisfy their customer as we all know customer is the king of the market when we don't know the need of the customer so we can't satisfy them and the most thing is CR customer relation what kind of relation with customer and they create customer loyalty and what kind of strategy we flow in our business.

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.