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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?

#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
is
 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
 as
brand
 value or future
business
 strategy
also
 play an important role in assessing operations of the enterprise.
Submitted by Mai Anh Bui on

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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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