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 way could success in a business be measured?
In today’s world , it is often argued that the High income of firms indicates their trade development which leads entrepreneurs
b
ecome Add the particle
to
s
uccessful businessman. Add an article
a
However
, I feel that other aspects, which will be discussed in this
essay, also
play an essential role in the booming business
.
One of the main reasons why a successful business
is measured by its revenue is that it is directly proportional to the products sold in the market. That is
why The economists examine the annual revenue of companies and score their development. To elaborate more, If a company is gaining enough wealth, it means the products are utilised publicly and consumers like it . Let’s take China as an example, which has a billion dollars revenue , is considered to be a super economic power. Admittedly, Its corporations diversified worldwide and regardless of their low-quality products, people buy them extensively. Furthermore
, a business
can grow substantially when it’s high budget allows CEOs to establish branches internationally, advertising its products, hiring well-experienced employees leading to further
development of firms. These strategies are hardly applicable to low funds. Consequently
, money is a real measurement for developing corporations.
On the other hand
, several factors contribute to business
growth. Firstly
, when entrepreneurs manufacture qualitative stocks, there is no complaint. This
means that some costumers sometime don’t satisfy with the quality of products. Secondly
, warranty and return or updating policies significantly increase the customer flow. For instance
, Apple company usually replaces old mobile phones with the latest one, that results in customer satisfaction, eventually leading to company growth.
To conclude, high profit is a widespread indicator of a successful business
; however
, such
work is also
measured by its quality products and organised business
policies.Submitted by saeedullah1814 on
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