Some people think that the only way to judge someone’s success in business is by the amount of money they make. Is money a true indicator of the success of a business? In what other ways could success in a business be measured?
Business
’s success
is often estimated in yearly profit it makes. Large sums of money is
an indication of a prosperous Suggestion
are
business
for some experts. However
, there are other factors that impact majority’s opinion about weather
introduces two alternatives
whether
business
successful or not, among which can be highlighted such
as employees’ satisfaction level, quality of product or service provided by the company
, environmentally- friendly character of c
ompany’s activity.
Suggestion
the company’s activity
To begin
with, whereas some companies considered by some people as very successful because of a significant amount of funds they earn, this
is only a component of genuine success
. Companies which are honest and clear in their policies are highly valued in society
. Furthermore
, if a large company
dismiss or offend important in society
principles it can affect substantially its image. For instance
, a company
which hides a part of profit to avoid paying taxes might gain a negative reputation as dishonest. Therefore
, in order to truly prospers companies concerns should be not only about obtaining more money.
Furthermore
, as many stories tell initial approach
of world’s most successful companies was not pSuggestion
the initial approach
rofit but
finding a solution to a problem. Accept comma addition
profit, but
T
his,
unconsciously often results in contribution to Suggestion
Thus
society
which indeed makes success
of those companies integral.
Suggestion
integrate
For instance
, Bill Gates’ idea was that internet
should be free for everyone, Suggestion
the internet
this
way of thinking, indeed allowed his Microsoft company
to succeed enormously. It might seem that unique service as in this
example could be hugely lucrative if monetized more, the reality shows the opposite.
To conclude, although
it is a common idea to judge business
success
by funds in its bank, closer consideration reveals that estimating business
success
includes a range of factors. To achieve a true success
a company
has to be honest with its customers and its main aim should be contribution
to Suggestion
contributing
contribute
contributed
society
.Submitted by dariagushchina on
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