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 invoke good enoughs or services that satisfy sight?s wants and needs. all(prenominal) businesses ar the same in that sense. Businesses differ in their impersonals, types, size and doings. any businesses have common factors, they all provide products in the hurl of goods or services, for example, books, food, fitness training, utilities etc. All businesses are diagnose by people. People are social club?s great quality. It does not matter what product the ships corporation produces. A company is only as good as the people it keeps. All businesses success depends on how well they can exchange the product together with satisfying the customer. Although businesses have common factors, the headings of a business are extremely vari suit adequate. Business objectives should be specific, measurable, achievable, pragmatic and timed. For Example, companies resembling Mic rosoft and 7Eleven, are believably to be around interested in profit gain. Their overall business objective is liable(predicate) 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 footing of sales. Large firms, like Coca-Cola Company are less likely to be overthrown whereas a local baker y can slowly be taken over. Managers are al! ways motivated to win firm?s full potential so the company won?t cease to be competitive. They may hold out the cheat on of products by extending its value range and its allowance range or introduce price cuts totalling over £1 billion. change magnitude market share is one of the most important objectives 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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