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?
Profit and loss is vital indicator of company’s growth. When people assess whether a business is successful, it is solemnly measured on the scale of money it generates. However, in my opinion, there are other factors that aid in identifying a profitable business.
High revenue generation is the first and foremost reliable index to gauge the profitability of a commerce. Secondly, the ace industrialists divert their proceeds towards business expansion, testifying the saying that money grows money. For example, many small companies of the past are now giant industries of today. However, the rate of money mining cannot be the sole indicator. There have been instances in the past that a firm went bankrupt after a promising tenure, due to other economic factors. For instance, reckless business investment and expansion could shift a business to a loss making entity. Therefore, money is integral to assess a company in conjunction with other factors.
On the other hand, there are other important aspects that help in determining the profitability of industries. Firstly, corporate governance and structure are essential for better organization of workforce and business operations. Employee’s growth in the corporate hierarchy, implementation of policies and responsibility towards society are some of the methods of effective corporate governance. For example, one may not like working with a firm which does not support growth in the career ladder. Secondly, responsibility towards society by engaging in philanthropical activities helps in building trust in consumers. Finally, customer satisfaction is necessary for any product to create its place in the market. With better service and quality, firms can not only increase their customer base but increase loyalty towards their products. Therefore, it can be clearly concluded that there are additional factors in identifying a good business.
To sum up, money could be an integral and prime measure to assess a successful entity. But, additional factors play an equal role in the analysis of profitable businesses.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 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 350, Rule ID: SOME_OF_THE[1]
Message: Simply use 'some'.
Suggestion: some
... and responsibility towards society are some of the methods of effective corporate governan...
^^^^^^^^^^^
Transition Words or Phrases used:
but, finally, first, firstly, however, if, may, second, secondly, so, therefore, for example, for instance, in my opinion, to sum up, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 16.0 13.1623246493 122% => OK
Auxiliary verbs: 6.0 7.85571142285 76% => OK
Conjunction : 9.0 10.4138276553 86% => OK
Relative clauses : 7.0 7.30460921844 96% => OK
Pronoun: 13.0 24.0651302605 54% => OK
Preposition: 43.0 41.998997996 102% => OK
Nominalization: 9.0 8.3376753507 108% => OK
Performance on vocabulary words:
No of characters: 1779.0 1615.20841683 110% => OK
No of words: 319.0 315.596192385 101% => OK
Chars per words: 5.57680250784 5.12529762239 109% => OK
Fourth root words length: 4.22617688928 4.20363070211 101% => OK
Word Length SD: 3.14308934377 2.80592935109 112% => OK
Unique words: 181.0 176.041082164 103% => OK
Unique words percentage: 0.567398119122 0.561755894193 101% => OK
syllable_count: 569.7 506.74238477 112% => OK
avg_syllables_per_word: 1.8 1.60771543086 112% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 2.0 5.43587174349 37% => OK
Interrogative: 1.0 0.384769539078 260% => OK
Article: 2.0 2.52805611222 79% => OK
Subordination: 1.0 2.10420841683 48% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 4.0 4.76152304609 84% => OK
Performance on sentences:
How many sentences: 20.0 16.0721442886 124% => OK
Sentence length: 15.0 20.2975951904 74% => The Avg. Sentence Length is relatively short.
Sentence length SD: 24.3938516844 49.4020404114 49% => The essay contains lots of sentences with the similar length. More sentence varieties wanted.
Chars per sentence: 88.95 106.682146367 83% => OK
Words per sentence: 15.95 20.7667163134 77% => OK
Discourse Markers: 7.55 7.06120827912 107% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 1.0 5.01903807615 20% => OK
Sentences with positive sentiment : 13.0 8.67935871743 150% => OK
Sentences with negative sentiment : 3.0 3.9879759519 75% => OK
Sentences with neutral sentiment: 4.0 3.4128256513 117% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.241092393811 0.244688304435 99% => OK
Sentence topic coherence: 0.0636039410309 0.084324248473 75% => OK
Sentence topic coherence SD: 0.071903312937 0.0667982634062 108% => OK
Paragraph topic coherence: 0.14616545317 0.151304729494 97% => OK
Paragraph topic coherence SD: 0.0502902847392 0.056905535591 88% => OK
Essay readability:
automated_readability_index: 12.8 13.0946893788 98% => OK
flesch_reading_ease: 39.33 50.2224549098 78% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 11.5 11.3001002004 102% => OK
coleman_liau_index: 14.79 12.4159519038 119% => OK
dale_chall_readability_score: 9.08 8.58950901804 106% => OK
difficult_words: 95.0 78.4519038076 121% => OK
linsear_write_formula: 7.5 9.78957915832 77% => OK
gunning_fog: 8.0 10.1190380762 79% => OK
text_standard: 8.0 10.7795591182 74% => OK
What are above readability scores?
---------------------
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.