Some people think that the only way to be successful in business is to have a unique product. Discuss if you agree or disagree and give your opinion

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Although

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, it's believed by some people that having an idea that stands out in the market is the way to succeed in the marketplace.

However

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, in my opinion, there are various factors that contribute in making a business profitable.

This

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essay will discuss how factors like teamwork, planning and government policies play a vital role in the growth of companies.

Firstly

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, having a different product does have its advantages over others. It gives the business a

first

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mover advantage in that field which is still untapped by the rest of the entrepreneurs.

For example

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, Tesla was one of the pioneers when it entered the commercial production of electric cars.

In addition

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, to

this

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other person cannot replicate the product easily as the technological know-how is still not available. Due to

this

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, an idea

that is

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new to the market provides an edge over the competition.

Secondly

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, there are several factors that are more important that helps a trade to flourish. Particularly, having a hard working and efficient team is very crucial for a company.

For instance

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, a good team can make an average idea work wonder's

however

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the vice-versa is not true.

Moreover

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, planning and supportive government policies can be a defining factor for an enterprise.

As a result

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, other factors play an equally critical role in comparison with a unique product. To conclude, there are multiple factors that influence any corporate

growth which

Accept comma addition

growth, which

need's to be given equal weightage. Any trade cannot grow with only being dependent on a single factor. There are several parameters like government start up rules, quality of the team and business planning that helps in the expansion and profitability of an enterprise.

Submitted by MS on Tue Sep 17 2019

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12
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meeting the goal of 7 or more
0
Word repetition
meeting the goal of 3 or fewer
1
Grammar mistakes
detected issues

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Overall Band Score

Coherence and Cohesion: 6.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 8.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 8.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 9.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

278 words

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Some people think that the only way to be successful in business is to have a unique product. Discuss if you agree or disagree and give your opinion

In some countries, even though the rates of serious crimes are decreasing, people feel less safe than ever before. What do you think are the causes of this problem and what measures could be taken to solve it?

In many countries around the world, rural people are moving to cities, so the population in the countryside is decreasing. Do you think this is a positive or negative development?

Most countries want to improve standard of living through economic development,however, others think social value is lost as a result. Do you think the advantages of economic development outweigh the disadvantages?

In some countries, most people prefer to rent a house rather than buy their houses. What are the advantages and disadvantages of renting a home?

Government investment in the arts, such as music and theatre, is a waste of money. Governments must invest this money in public services instead. To what extent do you agree with this statement?