Is the Business of Business only Business?

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.

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.

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.

According to my view, this is not ethically right to say business policies are selfish because they are investing a lot not to show himself as philanthropic, but to earn profit. As a matter of fact for earning profit they are doing many actions which might be treated as social activities (Ex. Satisfaction for their people to get best work, Quality control for reliable products for good sell, Philanthropic activity for making their name familiar in market).

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.

Hello Guys!

In my case business is really not a business only if they will look only for money and for the profit of business then sure they will lose their business soon. Our society now become very intelligent so if the business will look around our society need like quality, quantity and demands of the society then business become business and also they will get good profit too. Lots the business become top list due to this reason.

Now the days every business look for profit and earning money they don't care about our society that's the reason we can say that business of business is only business.

Thank you. !

Hi reading all the above comments, there are some factors where business of business is only business in one point, and not in others view.

It is the way how we look at it.

Business of business is business when companies look only for their profits how to maximize them and all, we know that customer satisfaction, employee satisfaction, quality, quantity.

These are the 4 pillars to keep a company in top and maximize their profits always.

In current scenario companies are doing social activities but I see still poor people and slum areas in our country even though they are in social activities.

It means just to get a good reputation and good values in the society they are publishing that they are doing social activities but not for people sake.

First of all its my pleasure to share my views on this topic.

According to me no the business is not the business of only business because apart from profit there are certain other activities which are required to maintain a business which are goodwill, employee satisfaction, quality control all these things are not only for the personal motive these all activities are done as a social responsibility.

In current scenario business minds are concerned only about how to increase profits and be on top. They are not much concerned about quality and what consumer will suffer from that. So in today's world business of business is only business.

Well the main idea behind any business is profit.

Take a look at the multinational companies who cross borders, language, and other obstacles to do business.

And yes IT IS ADVERTISING THAT ACTUALLY MAKES A BRAND.

With dedicated advertising channels to attract the customers and irresistible business offers and deals, the branded companies are literally ruling the earth.

What do you say friend?