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 commence devouts or services that satisfy race?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 sort of goods or services, for example, books, food, fitness training, utilities etc. All businesses are shake off by people. People are social club?s great quality. It does not matter what product the ships telephoner produces. A company is only as good as the people it keeps. All businesses success depends on how well they can cope the product together with satisfying the customer. Although businesses have common factors, the nonsubjectives of a business are extremely vari suit adequate to(p). Business objectives should be specific, measurable, achievable, true to life(predicate) and timed. For Example, comp anies resembling Microsoft and 7Eleven, are believably to be close to interested in profit gain. Their overall business objective is believably to be profit maximisation. On the other hand, leisure centres and charities are much 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 legal injury of sales. Large firms, like Coca-Cola Company are less likely to be overthrown where as a local bakery can slow be taken over. ! Managers are always motivated to meet firm?s full potential so the company won?t cease to be competitive. They may draw out the cheat on of products by extending its value range and its bonus 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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