Is the Business of Business only Business?
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113 comments Page 7 of 12.
Sam said:
1 decade ago
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).
(5)
Parveen said:
1 decade ago
Firstly the main aim of business is profit making through satisfying its customer need and shareholder, supplier and government In chasing of this goal some organisation harm the environment and and society which they cover through some investment in the form of corporate social responsibility like investing in school and charity, trust, ultimately that will again come in the shape of profit example many management school are run by big business houses.
(4)
Honey said:
1 decade ago
Good morning friends. I feel glad to share my thought in front of you. Yes business of business is only business. Business simply means maximize the profit and minimize the lose. If we are earning money then it simply means customer is satisfy with us. Yeah its true we need to do business after seeing what the customer want. If we are doing business without seeing the requirements of customer then the time and money is spend on it goes for wastage.
(56)
Nandini said:
1 decade ago
In my point of view business is not only business. Yes I agree with that all business man looking for only and only profit in today's life but they forget if they not give best service to consumers they gone in loss they have a big responsibility to provide best service to consumer who blindly believe them. If they satisfied from those business only then those business can get profit otherwise not. Consumer is leader of all and each business.
(10)
Anonymous said:
1 decade ago
I do agree that the products produced should satisfy the customers and also they should be according to customers requirements. The organisers of the business also should be knowing about customers wants so as to get maximum profits.
Also a business need not be only for business but also donate its percentage of profit to charity as many people and organisations do today.
They can also play a vital role in changing situations in society.
Also a business need not be only for business but also donate its percentage of profit to charity as many people and organisations do today.
They can also play a vital role in changing situations in society.
(3)
Govind said:
1 decade ago
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.
(17)
Onkar A Puranik said:
1 decade ago
Yes I am agree of the point which is our pointing out. This is only way in business to do the great deal of business. So as we can handle as much we can. As per taking into consideration of relative business strategies we can say that business is business only for business. And in in it propriotor look in his profit maximization and this is the best strategy. It also creats new ideas for the future of the particular compony.
(5)
Daniel dream said:
1 decade ago
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.
(4)
Puneet said:
1 decade ago
In the existing scenerio the organisation not only think for profit maximization but they also think about the society point of view that is why they are indulging in csr activity also. I wanna give you an example of it like when you purchase any classmate register then every time 1rs given for the poor person and its a good activity by them. Most of the organisation inspired by these work to doing csr activity.
(4)
Mohanapriya.m said:
1 decade ago
In my point of view, the above statement saying "business of business is only business" is exactly true. Because nowadays no business men think about the development of the society. They have no worries or care about the common people. Their intention is only on money. They work only for the prosperity of their company or institution. Thus the above phrase is an awesome match for today's business people.
(7)
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