Importance of Business范文[英语论文]

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范文:“ Importance of Business"公司是十分重要的,公司可以促进经济的发展,消除社会的贫穷。这篇社会范文论述了而对于公司的重要性。客户满意度关于成功的组织而言至关重要。管理学大师彼得曾说,满足客户是每个公司的使命和目的。公司提高好的产品也可以提高人们的生活水准,从增加就业,以及促进经济增长来说,英语论文题目,也显得意义非凡,英语毕业论文,公司是吸纳就业的最好形式。


1. Satisfaction of Wants:

For any business to function, it understands the needs of the customers. Measuring customer satisfaction provides an induction of how successful the organisation is at providing and \or services to the marketplace. The wants of people are growing day by day.

Their expectations from the business are continuously increasing. When one want is satisfied, another crops up. Business helps in satisfying the growing needs and wants of the consumers by providing them better quality goods and services.

Peter Drucker, the renowned management Guru has said to satisfy the customer is the mission and purpose of every business. Customer loyalty is a major contributor to sustainable profit and business growth. It is rightly said that no consumers-no business.

2. Higher standard of living:

A huge amount of money is spent by the business firm on research and development to improve the quality of the product. It maintains continuity in the flow of goods and services to the customers.

In these manner consumers get better quality products at reasonable price resulting into improving their standard of living.

3. Goodwill:

Every business entity strives to create a good corporate image in the market to enhance its financial and social status. Consistent business practices ensure the business organisation to acquire goodwill and reputation in the market.

Good reputation helps the firm to survive and expand the business. The business can earn goodwill by satisfying the growing needs of the consumers.

4. Increase in profit:

Profit is important in any business. Profit is the main objective of every business. Satisfaction of consumer wants helps the business firm to achieve the well-defined objectives of earning profit and creation of wealth.

This profit is provides sustainable revenue to the government, which in turn utilised for administrative and social developmental purpose.

5. Employment opportunities:

Business provides employment to lakhs of people. It generates employment opportunities in various sectors. People are involved in various activities such as production, distribution, marketing and promotion of products. Hence business is a source of livelihood to the people.

6. Rapid economic growth:

Business organisation satisfies consumer needs by offering them products of their choice. It results into growth, expansion and diversification of business. The firm enjoys economies of large-scale production and distribution, which results into set up of new industries thereby accelerating economic growth.

Business brings about industrial and economic development of the country. Creation of employment opportunities and globalisation has led to rapid economic growth.

7. Revenue to the Government:

Business provides assistance to the government by paying taxes and revenue on profit. This revenue is again utilised by the government for the well-being of the society by undertaking various developmental activities. Government support can enhance the business growth.()()

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