Is the Business of Business only Business?

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.

Business-to-business (B2B) describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer. Contrasting terms are business-to-consumer (B2C) and business-to-government (B2G).

The volume of B2B (Business-to-Business) transactions is much higher than the volume of Business to Consumer transactions. The primary reason for this is tin a hat typical supply chain there will be many Business to Business transactions involving sub components or raw materials, and only one business to Consumer transaction, specifically sale of the finished product to the end customer. For example, an automobile manufacturer makes several Business to Business transactions such as buying tires, glass for windscreens, and rubber hoses for its vehicles. The final transaction, a finished vehicle sold to the consumer, is a single (B2C) transaction.

Business to Business is also used in the context of communication and collaboration. Many businesses are now using social media to connect with their consumers (B2C); however, they are now using similar tools within the business so employees can connect with one another. When communication is taking place amongst employees, this can be referred to as "B2B" communication.

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.

My opinion is favor of business although service is important in our life but for a successful man and winner in life business is more important business is not business for a business man.

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.

Business of business is not only concerned for profit it is also about services provided by BPO sector.
Profit is the major factor but business process outsourcing is also one of the major term which can be discussed over here.

Of course the business of business is doing business. But first of all let us make it clear the objective of business. Mere profit making can not be the sole aim of business. A business can be operated smoothly only if it satisfies its stakeholders; its shareholders, its customers, suppliers, financial institutions, the society, the government of that country, the trade unions, medias, and other pressure groups. A business is carried out on perpetual basis. So for long term existence it cannot only focus on profit maximization. First of all it should maximize its stakeholders' loyalty towards its activities which will ultimately lift up the financial position of the business and therefore its profit making goal.

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.

In my view, I would like to add some point if first time in business some care has to take then whole life of businessman is settled.

The business of business is business. Social pressure changes the rules of the game and smart business will adapt for long term success. Improving society can be your business, but it is not the business of business.