Some people think that the only way to judge someone’s success in business is by the amount of money they make.
Is money a true indicator of the success of a business?
In what other ways could success in a business be measured?
In this contemporary world, running a successful business is a matter of concern. While some believe that to measure the success of business the single way is to evaluate financial outcomes, in my opinion, it is not the only valuable factor, however, there are other indicators such as respect and recognition which should also be considered.
To embark on, measuring the growth of business based on the amount of money they make, is not the most significant criteria because of various reasons. The most crucial is that financial development does not indicate whether the company is globally accepted and respected by the people of a society or not and success is directly proportional to the acceptance of the public. This is because there are a number of businessmen who have acquired an enormous wealth by pursuing un-respectable illegal businesses such as the export of drugs and human trafficking, consequently, making them unsuccessful. For instance, a report by 'The Business World' magazine, the most wealthier and not the prosperous businessman of the USA is the one who exports illegal weapons.
Nevertheless, there are a plethora of other effective indicators to measure the achievement of an organisation. Primarily, the positive admiration and valuable feedback by the customers are the key factors that bring growth for a company. To illustrate, the Tata Group is India's most efficient industrial group not because of money but for the charitable work it does, this, in turn, gathers the huge appreciation from the general public. Another factor is the recognition that the industry holds over the global market. In other words, the successfulness of an industry can be evaluated by checking its popularity among different countries, as the globally recognised product is much more accurate and effective. For example, India's small scale dairy product company 'Amul' is worldwide famous for its natural efficacy and pureness, thus it is considered as successful.
In conclusion, although high monetary outcomes define the financial success of a business, in my perspective, the factor of gaining a respectful position by companies at the global level is the actual acquired successful platform.
Post date | Users | Rates | Link to Content |
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2019-09-12 | Prabhjot Kaur Bhullar | 73 | view |
2017-07-14 | email2singhn | 78 | view |
2016-10-12 | swati.vekariya | 84 | view |
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Grammar and spelling errors:
Line 5, column 660, Rule ID: MOST_COMPARATIVE[1]
Message: Use only 'wealthier' (without 'most') when you use the comparative.
Suggestion: wealthier
...ort by The Business World magazine, the most wealthier and not the prosperous businessman of t...
^^^^^^^^^^^^^^
Line 9, column 424, Rule ID: GENERAL_XX[1]
Message: Use simply 'public'.
Suggestion: public
... gathers the huge appreciation from the general public. Another factor is the recognition that...
^^^^^^^^^^^^^^
Transition Words or Phrases used:
also, but, consequently, however, if, nevertheless, so, thus, while, for example, for instance, in conclusion, such as, in my opinion, in other words
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 21.0 13.1623246493 160% => OK
Auxiliary verbs: 2.0 7.85571142285 25% => OK
Conjunction : 10.0 10.4138276553 96% => OK
Relative clauses : 7.0 7.30460921844 96% => OK
Pronoun: 15.0 24.0651302605 62% => OK
Preposition: 40.0 41.998997996 95% => OK
Nominalization: 10.0 8.3376753507 120% => OK
Performance on vocabulary words:
No of characters: 1872.0 1615.20841683 116% => OK
No of words: 349.0 315.596192385 111% => OK
Chars per words: 5.36389684814 5.12529762239 105% => OK
Fourth root words length: 4.32221490584 4.20363070211 103% => OK
Word Length SD: 3.06049653258 2.80592935109 109% => OK
Unique words: 195.0 176.041082164 111% => OK
Unique words percentage: 0.558739255014 0.561755894193 99% => OK
syllable_count: 599.4 506.74238477 118% => OK
avg_syllables_per_word: 1.7 1.60771543086 106% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 2.0 5.43587174349 37% => OK
Article: 7.0 2.52805611222 277% => Less articles wanted as sentence beginning.
Subordination: 3.0 2.10420841683 143% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 8.0 4.76152304609 168% => OK
Performance on sentences:
How many sentences: 13.0 16.0721442886 81% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 26.0 20.2975951904 128% => The Avg. Sentence Length is relatively long.
Sentence length SD: 55.8908488238 49.4020404114 113% => OK
Chars per sentence: 144.0 106.682146367 135% => OK
Words per sentence: 26.8461538462 20.7667163134 129% => OK
Discourse Markers: 11.4615384615 7.06120827912 162% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 2.0 5.01903807615 40% => OK
Sentences with positive sentiment : 10.0 8.67935871743 115% => OK
Sentences with negative sentiment : 2.0 3.9879759519 50% => More negative sentences wanted.
Sentences with neutral sentiment: 1.0 3.4128256513 29% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.292941860948 0.244688304435 120% => OK
Sentence topic coherence: 0.094434699087 0.084324248473 112% => OK
Sentence topic coherence SD: 0.0833474883451 0.0667982634062 125% => OK
Paragraph topic coherence: 0.180284826018 0.151304729494 119% => OK
Paragraph topic coherence SD: 0.100903540769 0.056905535591 177% => OK
Essay readability:
automated_readability_index: 17.2 13.0946893788 131% => OK
flesch_reading_ease: 36.63 50.2224549098 73% => OK
smog_index: 11.2 7.44779559118 150% => OK
flesch_kincaid_grade: 14.6 11.3001002004 129% => OK
coleman_liau_index: 14.1 12.4159519038 114% => OK
dale_chall_readability_score: 9.99 8.58950901804 116% => OK
difficult_words: 112.0 78.4519038076 143% => OK
linsear_write_formula: 14.0 9.78957915832 143% => OK
gunning_fog: 12.4 10.1190380762 123% => OK
text_standard: 15.0 10.7795591182 139% => OK
What are above readability scores?
---------------------
Rates: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.