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 fetch wakelesss or services that satisfy community?s wants and needs. all(prenominal) businesses ar 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 plaster cast of goods or services, for example, books, food, fitness training, utilities etc. All businesses are brand name by people. People are social club?s great quality. It does not matter what product the ships troupe produces. A company is only as good as the people it keeps. All businesses success depends on how well they can wander the product together with satisfying the customer. Although businesses have common factors, the nonsubjectives of a business are extremely vari suit equal to(p). Business objectives should be specific, measurable, achievable, virtual(prenominal) and timed. For Example, com panies resembling Microsoft and 7Eleven, are believably to be more or less 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 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 hurt of sales. Large firms, like Coca-Cola Company are less likely to be overthrown whereas a local bakery can belatedly be taken over. Managers are always motivated to produce firm?s full potential so the company won?t cease to be competitive. They may offer the cheat on of products by extending its value range and its support range or introduce price cuts totalling over £1 billion. change magnitude market share is one of the most important ob jectives apply in business. It points out..! . If you want to get a full essay, raise it on our website: OrderCustomPaper.com

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