Some people think that the only way to judge someone's success in business is by the amount of money they make. Is this a true indicator of thesuccess of a business and in what other ways could success in a business be measured?

Essay topics:

Some people think that the only way to judge someone's success in business is by the amount of money they make. Is this a true indicator of the
success of a business and in what other ways could success in a business be measured?

In business world today, it is argued that companies are categorised as successful based on the quantum of revenue they generate which is truly the most tangible way of measuring how well a organisation is performing. Although, financial aspect is critical in evaluating the success of any business there are other drivers that showcase the accomplishments of business which cannot be ignored.

I believe that anaylsing the revenue growth and profits made by businesses clearly reflects the health of these entities as the main purpose of establishing and running a business is primarily to make money. Higher profitability directly implies that the company's product roadmap, quality controls, business strategy, marketing plan and so on are in the right place acting as drivers in making the business successful. This is further elucidated when you look at the Fortune 500
companies which are the top 500 firms in the world ranked so predominantly based on their revenues. Companies everywhere strive to reach the upper echelon of the business world by attaining this acclaimed status.

However, there are slew of other indicator what also points at the success of companies. Successful companies are also known for their brand value and product quality. For instance, a company like Xerox which makes photocopying machines are so popular that the word Xerox is used a synonym for act of photocopying across the world. This clearly portrays the impact of their extremely efficient product on their customers. Similarly, 3M makes innumerable products all which are known for their high quality and customers do not think twice which buying or using products from them as the company has successfully built trust amongst millions of customers. These attributes also indicates the success attained by global organisations.

In conclusion, although money is a key aspects of any profitable company, we would be remiss not to consider other aspects such as brand values and market-shaping innovation which are imperative to run a well-established business.

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Average: 7.8 (1 vote)
This essay topic by users
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2018-10-19 deepika0 78 view
Essays by user deepika0 :

Comments

Grammar and spelling errors:
Line 1, column 189, Rule ID: EN_A_VS_AN
Message: Use 'an' instead of 'a' if the following word starts with a vowel sound, e.g. 'an article', 'an hour'
Suggestion: an
...most tangible way of measuring how well a organisation is performing. Although, f...
^
Line 1, column 219, Rule ID: SENTENCE_FRAGMENT[1]
Message: “Although” at the beginning of a sentence requires a 2nd clause. Maybe a comma, question or exclamation mark is missing, or the sentence is incomplete and should be joined with the following sentence.
... how well a organisation is performing. Although, financial aspect is critical in evalua...
^^^^^^^^
Line 3, column 479, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...cidated when you look at the Fortune 500 companies which are the top 500 firms in...
^^^
Line 6, column 20, Rule ID: THERE_RE_MANY[3]
Message: Possible agreement error. Did you mean 'slews'?
Suggestion: slews
...cclaimed status. However, there are slew of other indicator what also points at ...
^^^^
Line 8, column 40, Rule ID: A_PLURAL[2]
Message: Don't use indefinite articles with plural words. Did you mean 'aspect'?
Suggestion: aspect
... In conclusion, although money is a key aspects of any profitable company, we would be ...
^^^^^^^

Transition Words or Phrases used:
also, but, however, look, similarly, so, well, for instance, in conclusion, such as

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 19.0 13.1623246493 144% => OK
Auxiliary verbs: 2.0 7.85571142285 25% => OK
Conjunction : 7.0 10.4138276553 67% => OK
Relative clauses : 13.0 7.30460921844 178% => OK
Pronoun: 21.0 24.0651302605 87% => OK
Preposition: 35.0 41.998997996 83% => OK
Nominalization: 3.0 8.3376753507 36% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.

Performance on vocabulary words:
No of characters: 1741.0 1615.20841683 108% => OK
No of words: 323.0 315.596192385 102% => OK
Chars per words: 5.39009287926 5.12529762239 105% => OK
Fourth root words length: 4.23936324884 4.20363070211 101% => OK
Word Length SD: 2.97104920782 2.80592935109 106% => OK
Unique words: 187.0 176.041082164 106% => OK
Unique words percentage: 0.578947368421 0.561755894193 103% => OK
syllable_count: 544.5 506.74238477 107% => OK
avg_syllables_per_word: 1.7 1.60771543086 106% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 6.0 5.43587174349 110% => OK
Article: 1.0 2.52805611222 40% => OK
Subordination: 1.0 2.10420841683 48% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 2.0 4.76152304609 42% => More preposition wanted as sentence beginning.

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: 24.0 20.2975951904 118% => OK
Sentence length SD: 58.3686509034 49.4020404114 118% => OK
Chars per sentence: 133.923076923 106.682146367 126% => OK
Words per sentence: 24.8461538462 20.7667163134 120% => OK
Discourse Markers: 6.38461538462 7.06120827912 90% => OK
Paragraphs: 5.0 4.38176352705 114% => OK
Language errors: 5.0 5.01903807615 100% => OK
Sentences with positive sentiment : 13.0 8.67935871743 150% => OK
Sentences with negative sentiment : 0.0 3.9879759519 0% => More negative sentences wanted.
Sentences with neutral sentiment: 0.0 3.4128256513 0% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.273643906603 0.244688304435 112% => OK
Sentence topic coherence: 0.101539534458 0.084324248473 120% => OK
Sentence topic coherence SD: 0.0690212197078 0.0667982634062 103% => OK
Paragraph topic coherence: 0.144588467712 0.151304729494 96% => OK
Paragraph topic coherence SD: 0.0903593507758 0.056905535591 159% => OK

Essay readability:
automated_readability_index: 16.4 13.0946893788 125% => OK
flesch_reading_ease: 38.66 50.2224549098 77% => OK
smog_index: 11.2 7.44779559118 150% => OK
flesch_kincaid_grade: 13.8 11.3001002004 122% => OK
coleman_liau_index: 14.28 12.4159519038 115% => OK
dale_chall_readability_score: 9.67 8.58950901804 113% => OK
difficult_words: 99.0 78.4519038076 126% => OK
linsear_write_formula: 14.5 9.78957915832 148% => OK
gunning_fog: 11.6 10.1190380762 115% => OK
text_standard: 12.0 10.7795591182 111% => OK
What are above readability scores?

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Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 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.