Is the Business of Business only Business?

I agree to all, and I want to add that business of business should not be the ultimate motive of an organization. But also to note the customer satisfaction, the dealings in quality production, giving good after sales service and the most important one, contributing something for the society, which is otherwise termed as corporate social responsibility.

From my point of view yes in our present scenario most of the organisation, business man, every one create a business only for profit motive. Just go 10 to 15 year back in our country for visit the temple or saw the god there will be no charge but look at our present day, what will be happened? So every one create a business including the ego or temple only for profit motive.

Hi friends I'm gowthami; I'm happy to share my views about business of business;

Business of business is not only business because the business is running only for profit motive then it will not sustain in this large society and the person who starts the business he should mind the following matters.

In which place we want to start the business.

Its useful to the customers or not and that product has demand or not.

For doing our business we must use the resources of the society. So inturn we must do something for society now a days which the industries are neglecting by using the techniques which harmful to humans, plants and animals. We must consider our staff welfare because they are the pillars to our business, we must concentrate on the quality of our product then only the customer satisfy and get interest to buy it. So business is not for profit motive.

Business of business only business, yes, No body starts a business for charity. For example I launch a new product in the market and for advertisement purpose I distributed free samples or a 50% discount. Its a business strategy. But every time we don't go for it. Its an initial offer to try our quality of product which is suited to to you or not. If consumer fells good then they go for it and purchase it further. But business ethics is necessary. Its grows the faith of the customer for company.

The ultimate goal of every Business is to make profit. Since inception of the term "business" implied gain or profit. Without profit no business is sustainable or viable. Ensuring customer satisfaction, quality products are some of the procedures of making the business successful and ultimate measurement of the success in business is profit.

Hello friends. !

Yeah business of business is obviously a business, as nowadays company main motive is to earn profit instead of taking care of customer needs. Ya I agree companies made products as per customer demand but not because they concerned about providing best facilities to them but instead because they have to earn profit as much as possible.

I think for all company is doing only business. They do something by the name of social responsibility it is not a social responsibility it is only a new idea of advertisement. If they understand social responsibility in such a way, they introduce minimum one product with no profit or very less profit for all mankind. Example parle-g product is available in 4-5 rupees last many years (40-45 rupees/Kg).

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.

Happy Diwali :).

Is the business of business only business? I think YES.

I will like to address first who are against the notion. Companies are doing CSR activities and proving better customer support and product quality. But why are they doing these ? They only and ultimate goal is to maximize the profit. Customers make their choices by looking into after purchase services as their profit and so the companies make use of this to give you profit and in turn increasing their sales, brand value. CSR activities are done to strengthen its roots within the society by making a good image in the society.

Thus all these activities are to make the long term run profitable and hence business of business only business.

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.