Business Is Business

The Business of Business is Business

Introduction

Every person in the world of business and that goes for business owners to employees should take an active interest into the workings of business. What is business? How does a successful business function? What can do to make business more successful? What does "the business of business is business" really mean? The aspect of the idea that business of business is business also comes from the removal of emotion this saying portrays. People are falling into two camps those directly helping to make profits and those resisting business activities. Obviously doing business needs to focus on people helping make profits.

One helpful explanation of the saying, "The business of business is business" is that it was said to focus on the important aspects of business. What is the most important business activity one can do to get ahead? [1] Cash flow is often what business people focus on. Cash flow is the money coming in and out from your business. Cash flow is important and it is very important to keep track of it. However without profit a business cannot continue to operate long term. Profit allows for growth, for future planning and can secure a company over during harder times. So one could say, "the business of business is business profit." Given the saying "the business of business is business" focuses on the main business activities for business success then business owners and employees need the best business tools. Good business tools make running the business easier and perfectly more cost efficient at the same time as saving time and energy. [2] What does Kant say about how businesses should behave? People in business should act out of duty alone, not self-interest or desire to earn huge amounts of money. [3]

The concept of ‘triple bottom line’ reporting involves the expansion of corporate accounting responsibility to a wider group of stakeholders over a range of issues. The essential elements of ‘triple bottom...