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?

The Public often considers that a person's victory in his commercial venture is decided by how much money he is able to make. Though
currency
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the currency
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is one of the most important keys for the replenishment of being the most successful person,
here
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there
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should be some morality in doing
such
trade.
Firstly
, the achievement of a trade cannot be judgmental based on the number of dollars that are made. In fact, there is
also
some kind of responsibility for the businessman to practice his trade. The person who does
this
marketing should not be extravagant
as well as
stingy
also
. Based on the products the association produces, there should be some transparency to the public on account of the cost-effectiveness and
also
it should be people-friendly products.
For example
, if we need to buy cheap products we can think of Dollar tree in The United States.
Secondly
, a common man doing a niche business has some clarity on what kind of materials he needs for the business and he
also
knows how much net profit he can earn from the market and he should have the conscience to deliver his group's product with good quality made with licensed materials.
Then
only, the product will reach the public minds and it will etch in their memories. To cite an example, when we hear of fried chicken, the first company that comes to our mind is KFC chicken.
Finally
,
to conclude
, I will say that triumph of a firm cannot be judged based on the gain it acquires, but
also
it depends on the quality and cost-effectiveness of a company.
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Essentional vocabulary list for IELTS Writing 7+

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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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