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 begin well behaveds or services that satisfy population?s wants and needs. all(prenominal) businesses argon 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 public figure of goods or services, for example, books, food, fitness training, utilities etc. All businesses are pay off by people. People are social club?s great quality. It does not matter what product the ships caller-out produces. A company is only as good as the people it keeps. All businesses success depends on how well they can change the product together with satisfying the customer. Although businesses have common factors, the intents of a business are extremely vari suit competent. Business objectives should be specific, measurable, achievable, existent and timed. For Example, companies res embling Microsoft and 7Eleven, are believably to be roughly interested in profit gain. Their overall business objective is plausibly 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 charge of sales. Large firms, like Coca-Cola Company are less likely to be overthrown whereas a local bakery can late be taken over. Managers are always motivate! d to prevail firm?s full potential so the company won?t cease to be competitive. They may cover the cheat on of products by extending its value range and its premium 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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