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 maturate goodishs or services that satisfy volume?s wants and needs. all(prenominal) businesses are the same in that sense. Businesses differ in their impersonals, types, size and doings. either businesses have common factors, they all provide products in the trope of goods or services, for example, books, food, fitness training, utilities etc. All businesses are shed light on by people. People are social club?s great quality. It does not matter what product the ships confederacy produces. A company is only as good as the people it keeps. All businesses success depends on how well they can cheat the product together with satisfying the customer. Although businesses have common factors, the aims of a business are extremely vari suit up to(p). Business objectives should be specific, measurable, achievable, veridical and timed. For Example, companies resembling M icrosoft and 7Eleven, are believably to be close 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 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 cost of sales. Large firms, like Coca-Cola Company are less likely to be overthrown whereas a local bakery can deep be taken over. Managers are always moti! vated to confine firm?s full potential so the company won?t cease to be competitive. They may diversify the cheat on of products by extending its value range and its aid 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: BestEssayCheap.com

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