THERE MUST BE AVERY CLEAR DEMARCATION BETWEEN BUSINESS AND PERSONAL.BRINGING IN EMOTIONS INTO BUSINESS WILL RESULT IN DECREASED BOTTOMLINE.BUSINESS IS STARTED AND RUN TO EARN MONEY.SOME FOLLOW ETHICS AND MOST OTHERS DO NOT FOLLOW.SO THE PERSONS ON THE OTHER SIDE SHOULD EXERCISE ENOUGH CAUTION INSTEAD OF REGRETTING LATER.
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s.baalu , Consultant, XYZ LTD
| 06 28 2010 13:42:16 +0000
"200 years’ worth of work in economics and finance indicate that social welfare is maximized when all firms in an economy attempt to maximize their own total firm value. The intuition behind this criterion is simple: that value is created whenever afirm produces an output that is valued by its customers at more than the value of theinputs it consumes" - Michael Jensen. Debate closed guys please go back and do something productive to create more value for your firm.
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Anuj Gupta, Consultant, KPMG
| 06 26 2010 19:47:26 +0000
In olden days Marwadi Business men used to calculate "Padta"after the end of the month of working.His business is not limited up to office hours but it constantly worked out every where.Quantity of earning money decides the success of business.There is no fix target,as soon as you start earning money your Target of making money goes higher and higher.This process stops or sower down when you start losing money.SO BUSINESS never stops,those who have earned money trays to make more and those who looses trays harder to recover it.Successful Business men never mix emotion with his business.This is like"Agar Ghoda ghass se dosti karega to khayega kya?" The power of money drives the Society and Nation too.Every relation more or less tied with the money.In undivided family amongst the sons also, parents likes the most who make good money.In this KALYUG Money is the GOD.
By
ketan natubhai vakil, M.D., Aatham Polyester.
| 06 18 2010 03:25:50 +0000
Business of Business is Business but not money. Money as such is only one of the means and not the business itself. I agree with that at the end of the day profits are the only thing. But profits from what and what profits. If it is just money then most business should be doing robbery which gets more money from nothing. A business has to strive for continued long term profits, which cannot come merely robbing or cheating its customers, but from sustained efforts to build businesses which can create profitable long term association with its customers, society and its employees. Making its relation with every stakeholder profitable and at the same time meaningfully good mutually is the only way this can work out. And it is this business which any business operates on in principle otherwise it ll go out of existence.
By
Karthik , Student, BIM, Trichy
| 06 09 2010 09:46:07 +0000
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Many times the business world can be cruel & competitive. Sometimes you just have to move forward with business as usual regardless of how you or someone else feels. Many times your emotions or feelings do come into play and could affect the outcome of how you do business. Business is what it is and that’s just business. But under the umbrella of business should incorporate employees, associates, customers/ clients, strategic planning and strategic management. These things are the business. When these things are incorporated into a business, and if they are well planned & well managed in a business it’s more than business as usual. ~Get Business Consulting Services: www.CEOBusinessManagement.com
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Business Management Consultant, Business Management Consultant, Business Management Specialist & Strategic Planner
| 10 22 2011 16:15:39 +0000
A business becomes profitable when it takes its share of profit from the society , there fore sharing these profit with the same society will ensures the growth of the business and thus earn further profit. corporation is standing on ly to make profit and not to share those with
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Premkumar Menon, Zonal Manger, Dynamic Techno Medicals Pvt Ltd
| 06 16 2010 09:38:53 +0000
Yeah! I agree with you Naushadji, Passion is also emotion. I would put it like this- no tear jerking emotions in business but always logic and courtsey, business is to earn profits for sel, for stake holders and for nation. So emotion says pay taxes, logic says we should pay taxes then do so..similarly for every day to day activity of business emotions are necessary..otherwise we cannot enjoy doing business..
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ravi vyas, sales and marketing, IFB Industries Ltd
| 06 09 2010 13:36:17 +0000
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