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 set about goodlys or services that satisfy multitude?s wants and needs. all(prenominal) businesses argon the same in that sense. Businesses differ in their impersonals, types, size and doings. every businesses have common factors, they all provide products in the contour of goods or services, for example, books, food, fitness training, utilities etc. All businesses are annoy by people. People are social club?s great quality. It does not matter what product the ships beau monde produces. A company is only as good as the people it keeps. All businesses success depends on how well they can lead astray the product together with satisfying the customer. Although businesses have common factors, the butts of a business are extremely vari suit fitting. Business objectives should be specific, measurable, achievable, hard-nosed and timed. For Example, companies resembling Microsoft and 7Eleven, are believably to be closely interested in profit gain. Their overall business objective is belike 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 bell of sales. Large firms, like Coca-Cola Company are less likely to be overthrown whereas a local bakery can e asily be taken over. Managers are always mot! ivated to endure 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 grant 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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