Sunday, January 26, 2014

Discuss the extent to which all businesses and all business activity is the same

A disdain is an activity per trunked for profit. It is an organization that brings together resources to bugger off dears or services that satisfy pack?s wants and needs. all(prenominal) businesses argon the same in that sense. Businesses differ in their impersonals, types, size and doings. each businesses have common factors, they all provide products in the excogitate of goods or services, for example, books, food, fitness training, utilities etc. All businesses are attract by people. People are social club?s great quality. It does not matter what product the ships connection produces. A company is only as good as the people it keeps. All businesses success depends on how well they can contend the product together with satisfying the customer. Although businesses have common factors, the object glasss of a business are extremely vari suit subject. Business objectives should be specific, measurable, achievable, hardheaded and timed. For Example, companies resembl ing Microsoft and 7Eleven, are believably to be close to interested in profit gain. Their overall business objective is in all likelihood to be profit maximisation. On the other hand, leisure centres and charities are more than likely to be interested in the service, which they are able to offer to the public. As a result their business objective is social benefit. Other objectives for businesses are growth, market share and social, good and environmental considerations. Businesses growth is usually measured in monetary value of sales. Large firms, like Coca-Cola Company are less likely to be overthrown whereas a local bakery can deep be taken over. Managers are always motivated to convey firm?s full potential so the company won?t cease to be competitive. They may poke out the cheat on of products by extending its value range and its amplitude range or introduce price cuts totalling over £1 billion. change magnitude market share is one of the most important objectiv es apply in business. It points out... ! If you want to get a full essay, raise it on our website: BestEssayCheap.com

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