Is the Business of Business only Business?

Business of the business is not the only business. Man is a social animal and society is teaching every member of the society to live like a human. If you are not human sooner or later you will be out of the society. So is business, if you want to remain in business in long run, than only business will not do the business. You have to think for the society and pay back to it else you will be out of of business.

But the maxim of profit maximisation appears to be the sole motive of modern day business and causing lot of unhealthy practices in the business. Now it is the government business to see such business and put them out of such business or else society will put everyone out of business.

Absolutely NO, a business should be socially responsible. For it to actually run smoother and grow it should serve the society. For example consider a person running small stationary shop has a daughter giving self defence training somewhere can provide it for free for one day (women's day for example) near the shop (like a camp). This way the businessman will earn good name and also advertise his shop.

Hi Friends, According to me Business of Business is not only Business. Every Businessman is also a part of society. If he want to survive he must manage Himself according to this society. Otherwise society will through him out. And his business will ruin. But NOW a days Everyone want to earn more and more by hook or by crook. In this competition some times businessman will do things which is against the society. But he must remember if he will do this may be in starting he will get success but later he will realize his guilt.

Business is completely business of business. This days all we ever think about is how to maximize profits but maximizing profits has to do with satisfying consumer wants and needs because if the consumer is not satisfied with what was delivered, they will never be sales therefore where there is no sales there is no profits. So, business is business of business and not business of business where sales varies. Thank you.

For a long time survival of business in market business of business should not a business because in competition world business must be fair and square, and consumer oriented otherwise standing in market for long time is very difficult. Once they can be cheated with public but next time not possible. Ya every businessmen wants to earn more and more profit but they should fulfill consumer requirement otherwise consumer throw out them.

Hi friends.

According to me business of business is not a business when the business man only thinks.

For his profit without considering customer needs and social welfare because without them a business can not be established.

And business of business is business when the businessman consider all the needs of customers as he is first a person who leaves in society because if we satisfy need of customer then only business become successful and gain more profit.

I believe that business of business is the only business if it involves social responsibility and sense of customers need and services. Gaining profit is soul of the business but gaining trust of the customers, make business live long and more profitable in long run. Every consumer have a different mind set at the time of purchasing but they have common expectations and views in terms of post sales services. Giving better services and making customers happy can be a key of success and is a contribution towards good and satisfied society. Hence in my view business of business is the only business is not a good idea in long term running.

Dear Friends,

Every business is for profit making only and all after sale service, customer retention/satisfaction, CSR activities etc are for business purpose only. Business of business is the demand of today's market.

E.g.

A mobile company is selling mobile and provide after sale service till warranty period. After that make business from their service center - business of business. Further company give a new mobile in exchange of old mobile - Again it's business of business.

Taking electronic waste back is CSR activity of company and selling new mobile is business.

First of all I would like to say thank to all my friends who are involved in discussion.

It is good to appreciate the topic which we get as a discussion.

As per my opinion if a person think only for business aspect then it is going to be wrong way. But a person is thinking business of business then he could be the following skills which is made successful business path.

1. Social Responsibility towards the society.

2. Satisfy the customer needs and wants.

3. Good interpersonal relationship towards the social and business.

4. Marketing skills.

When a person have a above skill he can make business of business in effective manner.

Every business motive is to earn profits and to gain market share. There is nothing wrong with that because they are investing money, efforts in the business and expecting return for it. So, Business of Business is only Business.

But the in the case of companies they are using natural resources in their manufacturing process. So, they are supposed to take the responsibility and do something for the society. Here, Business of Business is more than Business.