What Do You Know About a Business Essay?

Essay

It makes sense to try to understand the very concept of business. We do not claim the title of truth, but this word does not have a single generally accepted definition. There are a lot of interpretations and each of them is based on the fact in the light of what we are going to consider this concept. Specialists from crazyessay.com are ready to consider it in any part of your interest.

Today, business has become not only a profession, it has become a vital guide. Business has turned the way of life of a modern human. Modern market relations have long become a common civilizational value. If a person is interested in business and plans to deal with it later, then the main task of the state is, if not a support, then at least an absence of resistance to such an action. This is a mutually beneficial policy, it is useful for both a citizen and the society: a citizen finds his or her place in the market of opportunities and his or her activity financially enriches the society itself, while if the society is sufficiently enriched, it can allocate funds for social support to the weaker sections of society.

So, business is an initiative economic activity, carried out at the expense of own or borrowed funds at your own risk and under your responsibility, which sets the main goals for profit and development of your own business. This is an independent activity aimed at the systematic receipt of profits from use of property, sale of goods, performance of work or provision of services by people registered in this capacity in the manner prescribed by law. The effectiveness of entrepreneurial activity can be estimated not only by the size of the profit received, but also by the change in the cost of business.

This is the most important concept of a market economy that permeates all its institutions. Business can be carried out by a legal entity or directly by an individual. In many countries to conduct business, an individual is required to register as an individual entrepreneur.

Business is just as ordinary activity as sport, science or politics. The main content of this activity is the combination of goods and services with our own needs, and it is not particularly important whether they are produced by a businessman, or he or she is busy with a very important function of approaching goods and services to a consumer. The effectiveness of this activity is assessed by a very rigid indicator of the income or profit that a businessman receives from his or her activity, and a tireless competition – the one of acting firms among themselves – forces us to search for new ways of solving this problem all the time.

And yet business, like any activity, is distinguished by many unique features. It can be argued that today this is one of the most rapidly evolving varieties of human activity.

Constructors of Evolution

The two great constructors of evolution in nature are Variability and Selection. As for the Selection, this role is played by competition. This factor has undergone only one, but not small change in the XX century. With the transition to a democratic mass business, competition has become extremely tight. This led, on the one hand, to the dropping out of almost four-fifths of those who undertake to try themselves in business, but, on the other hand, left the most energetic and capable ones, as a result, clearer rules of the game appeared – more norms and social Institutions arose that monitor the strictness of compliance with these rules.

But the most drastic changes occurred with the factor of Variability. Relatively unhurried evolutionary changes in types and forms of trade, financial and production activities that occurred before the new time, were replaced by revolutionary rapid changes in the XX century in connection with the emergence of two new tools of business – marketing and management. Changes in forms of sales, the variety of product ranges, parameters, and, accordingly, consumer properties of goods, new forms of advertising and promotion of goods to a consumer have dramatically changed the ability of firms and companies to meet and shape customer demand. At the same time, achievements of management allowed building more and more active organizations, saving costs, increasing the efficiency of using all possible resources in competition. As a result, business has become one of the most dynamic spheres of development, and the potential of this revolutionary explosion is far from exhausted.

In its development, business stimulated the development of science in many ways. But the main thing is not this. It, like nothing else, helped use achievements of science to meet the daily needs of a human. And if the science of the first half of the XX century still largely stimulated by requests of the state and the army, then in the second half, we can observe the switching of its achievements to civilian needs. Impressive examples of this are computers that were conceived and developed initially for military-state inquiries but were turned into "personal assistants"; an information network designed for the needs of intelligence, which becomes Internet in the hands of business, the new most powerful and very democratic way of international communication of millions ordinary citizens of different countries.

With all attention of business to science, it cannot be said that a sufficiently large share of this was paid to psychology. And in a sense, this is an objective assessment of the practical, applied value of this science. In one way or another, using achievements and development of psychology in marketing and advertising, as well as in management, especially in the field that relates to staff motivation and to issues of group dynamics, the formation of teams, business practically rejects psychology today in its most "reserved" spheres, in connection with the selection and evaluation of personnel. Having tried in practice possibilities of a variety of testing methods, from pencil and paper tests to polygraphs, lie detectors, by and large, business preferred intuition and practical experience of a manager as a more economical and generally no less reliable tool.

The Very Topics You Were Searching For

So, we came directly to topics:

  1. Quantity at the expense of quality. Where it leads
  2. The fate of small firms
  3. Diagonal communication flow in enterprises
  4. Online presence. Consequences of ignoring
  5. Hidden charges and their role in money-making activities

These are just examples, but you see that topics are not so complicated and you can easily come up with your own ones which you will be interested in. So good luck with your accomplishments!

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