Some people believe that the most effective way to judge someone’s success in business is by the amount of profit they create. Is money an accurate reflection of the success of a business, and how else could the success of a business be judged?

#people #judge #someone’s #success #business #amount #profit #money #reflection

It is true that the amount of

profit

is the most reflective indicator to evaluate the success of the

business

However

, there

are

Suggestion

more than one way to help us have a more comprehensive view about

business

achievement. On one hand,

profit

is a norm that everyone can easily see and compare between companies through the figures in the financial statements. Financial analysts rely on that data and assess that in the financial year, the company was performing well and managing costs effectively.

Moreover

, the annual

profit

, which determines dividends to shareholders, is

also

an important concern for investors to decide whether or not to devote their money. The more capital a

business

has, the more its expansion and growth. Having said that, money is not the only measure of success.

On the other hand

, there are many other ways in which the peak of running

business

Suggestion

a business

can be judged.

First

and foremost, the

brand

is considered one of the most valuable assets of the company and

brand

value in the market is a measure of the success in a

business

. A strong

brand

name will

Accept comma addition

name, will

help businesses have a firm position in the intense competition in terms of price, investment capital and attract talents.

Secondly

, future growth factors are

also

criterion

Suggestion

criteria

a criterion

used to evaluate the

business

operations.Having

good track record

Suggestion

a good track record

in the past and

sustainable

Suggestion

sustaining

competitive advantage cannot guarantee high revenue and

profit

in the future.

Therefore

, a company

that is

considered as an ongoing objective of

business

needs to have strategy to continue to maintain its achievements. In conclusion,

although

the amount of money a

business

generates is the most effective evidence to rate the management of the

business

, other factors

such

brand

value or future

business

strategy

also

play an important role in assessing operations of the enterprise.

Submitted by Mai Anh Bui on Mon Jun 01 2020

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Sentence 1 - Topic sentence
Sentence 2 - Example
Sentence 3 - Discussion
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10Linking words
meeting the goal of 7 or more
3Word repetition
meeting the goal of 3 or fewer
6Grammar mistakes
 

4 paragraphs

302 words

0123456789.0505

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: 5.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 5.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 6.0

Complete response

6.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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Topic Vocabulary:

profit margin
revenue
financial health
market demand
customer satisfaction
brand reputation
loyal customers
service quality
employee retention
work environment
innovation
market trends
sustainable practices
ethical practices
long-term success
responsible business
corporate social responsibility (CSR)

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Some people believe that the most effective way to judge someone’s success in business is by the amount of profit they create. Is money an accurate reflection of the success of a business, and how else could the success of a business be judged?

Fully explain your ideas

Essentional vocabulary list for IELTS Writing 7+

Some people think that the goverment is responsible for crime prevention. Others think that it is individuals responsibility to pretocet themselves. Discuss both views and give your opinion.

Smoking should be banned in public places because it not only harms the smokers, but also those who are nearby. To what extent do you agree or disagree?

More and more people use private motorbikes or cars instead of taking public transport. What are the reasons for this trend? How can the government encourage people to take public transport? Give reasons for your answer and include any relevant examples from your own knowledge or experience

Some countries achieve international sports by building specialised facilities to train top athletes, instead of providing sports facilities that everyone can use. Do you think this is positive or negative development?