Is the Business of Business only Business?
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113 comments Page 6 of 12.
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.
(8)
PRIYANKA.HK. said:
9 years ago
In my view I like to add up some point. Business is the place where we going to learn more about the business as well as risk management. Business is business is not only business because it gives importance to stakeholder that is employees government financial institution etc.
And first priority goes to customer because customer is a king of the market if business organisation is ready to satisfy the needs and demand of the customer he can live longer time in the market. Business must not be profit motive.
And first priority goes to customer because customer is a king of the market if business organisation is ready to satisfy the needs and demand of the customer he can live longer time in the market. Business must not be profit motive.
(25)
Sudarshan said:
1 decade ago
Definitely not!
Business of business is much more than just doing business.
To say businesses to do only business is like to say a person not to be active socially, and to be only a selfish.
Instead of being profit driven businesses must understand their responsibilities towards customers, society and all its stakeholders including government.
They should do more than just a business. In-fact whatever they do more than a business should be the integral part of business.
Seems to be very complicated !
Business of business is much more than just doing business.
To say businesses to do only business is like to say a person not to be active socially, and to be only a selfish.
Instead of being profit driven businesses must understand their responsibilities towards customers, society and all its stakeholders including government.
They should do more than just a business. In-fact whatever they do more than a business should be the integral part of business.
Seems to be very complicated !
(21)
Anuj said:
1 decade ago
If profit making is the only objective of business then why goodwill appear in the assets side of balance sheet. Today a business is ought to be integrated with values. Because of an unrestrained production today we have several environmental issues to be dealt with. A business can thrive in as a part of the society only if adjust it sails as the society demands. Though profit maximizing still remains the basic focus of business it should come at the cost of product not at the cost of consumers.
(3)
Neeraj said:
1 decade ago
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.
(13)
Mangai said:
1 decade ago
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.
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.
(35)
Jitendra Mishra said:
1 decade ago
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.
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.
(16)
RAMHARI SONSALE said:
1 decade ago
Yes, business is business but not only for business means only for profit.
In today's competition world the customer is god of market and all businessman should fill all their requirements (ex. Quality of products, quantity of product, price, life, its effect on environment and on human health etc. ) then and then only business is business for business otherwise not.
Business means not a business it is sense. Having sense of market and all those thing required.
In today's competition world the customer is god of market and all businessman should fill all their requirements (ex. Quality of products, quantity of product, price, life, its effect on environment and on human health etc. ) then and then only business is business for business otherwise not.
Business means not a business it is sense. Having sense of market and all those thing required.
(17)
Sourabh said:
1 decade ago
Business involves dealing with human beings. Business should be carried in such a manner that the profits are maximum keeping in view the interest of customers and society.
Business uses the resources of society, exploits them for earnings, and in turn it should help the society to grow and developed.
Business also includes the auxiliaries to business which plays a major role of development of business. Therefore there is more to business than just business.
Business uses the resources of society, exploits them for earnings, and in turn it should help the society to grow and developed.
Business also includes the auxiliaries to business which plays a major role of development of business. Therefore there is more to business than just business.
(6)
Janardhan said:
1 decade ago
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.
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.
(9)
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