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The Ideology Of Business Essay

865 words - 4 pages

The ideology of Business stresses profit over (stress of an ordinary job?): the beliefs that inspire this career choice focus on the center of the American dream and motivates the determined individual to achieve success in the world of entrepreneurship. Common goals this career aims for consists of: acting as my own boss, making enough income to live comfortably, escaping the nine to five unbounded career, creating jobs for others, and following my own passion and creativity. Over-arching plans of prosperous businesses simply include generating revenue, strategizing methods to maximizing their profit, and keep everyday operations running smoothly.
The workplace differs from business to business, along with many other challenges. Some may operate in a small office at a desk on site of the business, offsite, or completely online. Although, with the developments of technology today, the ideal workplace would work operating from home or where ever necessary. Sending emails or phone calls, could take place from anywhere while over the Internet, and upon the growth of my business I would plan on hiring a manager to take control of most simple, daily procedures of the business. The amount to pay their employees and managers demonstrates a vital choice to a Business owner. Not paying high enough wages will result in low productivity, an owner may want to decide carefully on the exact amount that will benefit their business as opposed to hurting the business by immersing it into debt. Hiring the right team can also prove challenging for a starter business, they must remain selective in hiring experienced and motivated individuals. With many businesses struggling in today’s economy, owners will sometimes have to face tests of integrity, they will have to overcome the urge to cheat their customers, partners, or other businesses in order to get ahead.
In today’s economy it has proved difficult for many entrepreneurs to gain capital to start a business, therefore, many people have turned to online business and e-commerce. Authors who have contributed to this idea, Hopton, Markey, and Reichheld all believe the golden rule for a successful business lies in customer and employee loyalty. Hopton, Markey, and Reichheld all say that “The Internet revolution has been cited as the biggest change to hit business since currency replaced barter” (173). They also state that “there is a danger for those rushing into online selling, eager for a piece of the e-commerce action. They often forget that the fundamental rules of successful business still apply.” (173). Furthermore, a business should make sure they target the right customers, with the right...

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