Is the Business of Business only Business?

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.

If business is about long term then pursuance of profit should not be the only objective rather satisfaction of stakeholders which also involves society. If even companies do CSR activities for branding they are serving to the society in a way which is a win win situation for both sides. To focus on long term growth, companies should broaden their view and think beyond profit objective only.

No even now days companies are going out for social responsibility after they reaching their certain level. Can any one please show me the company who do the social responsibility from first day of starting of the company.

Hello friends.

Before discussing I would like to get your attention to one incident which is happent kerala, ther is actualy a hill station and most of the people living there are labours of tea plants, most of the children of them are causing mental disability. Only reason for that is the pesticides used in the plants. Due to the hike of mental disable children the company had built a special school, so can we call it as social commitment?This is the reality, what they really have to do is stop using of that pesticide but what they really do is helping people after causing serious issues. Now the business of business become a business.

Business of Business only Business is 100% true. As we can have a look on what other said, many of them told that many companies do socials works like establishing the school, hospital etc. But why do they do so ? ultimately its because of publicity. And for the wealth of their business.

HI friends I agree with all. But my opinion is ya business are only business cos there is no ethics in doing business and only commercialization is only thing now a days. Cos no one is providing the products free of cost to any one. If it could be not only business or profit then private companies would provide there products free of cost to people who can't afford their product. Ya I agree eraser is free with pencil for example. But the cost of eraser is also fetched form cost of pencil. So its only business. Thanks.

As per my point of view, business of business is not the only business because businessman also live in society, earn from society, serve their product to society. So in replacement a businessman should have to fulfill their social responsibilities because whatever a businessman got, it was only from the society.

So "business of business is not only business" it is social responsibility too.

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.

Hello friends, listening to everyone views as customer satisfaction, social welfare, quality maintenance all are the part of business. Business obviously means minimizing cost for maximizing profit. This is all possible through customer satisfaction which is one of the most important pillar of business. And for profit generation one should keep on mind about social responsibilities as well so that no one could be against the business. Hence if customer and societies are in favor of business, there is profit. So, business of business is only business.

Hi everyone. I am totally convinced with the point that business ultimate goal is profit. Because no one has opened charity there. They are doing business so they want to make profit, I understand that they have to take care of thier good's quality in order to earn goodwill. Here they are also doing their business because they know if their product will not be of that standard they will be thrown out. Secondly. If they are doing anything for society, there aim is to increase their popularity. So its all about business. Thanks.