Profitability and Maintainability in Business

[BrolySSJ]

To achieve profitability and maintainability in a business must:

1. Produce quality products
2. Operate efficiently and effectively
3. Be socially responsible and ethical

A business man has responsibilities towards its stakeholders. The stakeholders are groups with a stake in the success and outcomes of a business e.g. customers, employees, investors and government regulators etc. The society at large is also a stakeholder as it is also affected by the business. The businesses are concerned about the effect of the production and distribution of their products on environment.

These are excellent points when it comes to how to maintain your business and ensure that it will be successful into the future as well. I think that all of these points have to do a lot with keeping up the reputation of your business and continuing to grow your reputation throughout the course that your business is in operation. People that see that you have quality products and are able to be responsible for what you are selling and give them the best possible service all those that will continue to be repeat customers, and it will build you up a good customer base to keep your business going for long periods of time.

 

[Ali raza]

i can guarantee that your social skills will help you a lot, i have seen a lot of people losing deals with different clients and customers just because they don't know how to talk with people , some of them are unfriendly and some don't even know how to convince people to sell them something

Yes, self-confidence and management are very important for starting any business If you have good management and unfortunately your business goes into deficit, you can get it out better.In addition, you should not deal with others so that you do not harm the company for fear of any wrong decision.

 

[Sotherefore]

In any good business organisation it is advisable for you to try as much as possible to make sure you always deliver the best quality goods or services to a prospective consumer because this is what will give them more trust for them to always like to do business with you.

 

[singlej007]

Yes, for you to be profitable, you need to follow the business rules of what you are doing, be consistent to enable you know virtually everything about the business. You need to leave to the expectations of your customers, satisfy your customers and you will prosper.

 

[Alexandoy]

I like the last part about being socially responsible. That means you are being fair in your dealings not only with your customers but also with your suppliers and other entities and persons that are associated or related to your business. Usually the business is focused on the business that they don't care if the trash at the back is full of flies. A considerate business owner would think of the environmental concerns that are affecting the business and the concerns that the business is affecting the environment.

 

[Richmond funke abosede]

Maintenance impact on business performance aspects such as productivity and profitability has increased. A day's output lost because of reliability and maintainability of a business and operations system to achieve lasting ... Models for reliability and profitability assessment.

 

[Xerryl]

i can guarantee that your social skills will help you a lot, i have seen a lot of people losing deals with different clients and customers just because they don't know how to talk with people , some of them are unfriendly and some don't even know how to convince people to sell them something

 

[Quert]

I can guarantee everyone that when they do have all of these factors in a product, then surely they will satisfy their customers with it and somehow it will lead to them maintaining as a loyal customer to the product they are using.

 

[Abbas007]

To achieve profitability and maintainability in a business must:

1. Produce quality products
2. Operate efficiently and effectively
3. Be socially responsible and ethical

A business man has responsibilities towards its stakeholders. The stakeholders are groups with a stake in the success and outcomes of a business e.g. customers, employees, investors and government regulators etc. The society at large is also a stakeholder as it is also affected by the business. The businesses are concerned about the effect of the production and distribution of their products on environment.

I believe that it is important for you to be experienced and sincere in whatever the business is. The way you treat your customers and keeping their wishes in mind is the main topic of your business. You can't grow your business unless you have a way of talking to your customers.

 

[btaliat]

The poster has mentioned it all. A business that's well managed and also socially responsible and operate efficiently and effectively will surely be recording profits any day and anytime. The other thing to add is just to be cognizant of the customers feedback.

 

[Hdre3m3n]

Profitability and maintainability in business requires the following
The aim of business in maximising profit and maintaining close relationship with customers.

The ability of the management to have profit and maintain good application with business means.

 

[Sarfraz Ali123]

Applying effective maintenance aims to enhance company's profitability and competitiveness through continuous cost-effective improvement of production process efficiency, effectiveness and productivity, which can be achieved via maintaining and improving the quality of all the elements contribute in the production.

 

[Rainlover207]

For a business to maintain profitability and maintenance, there are a lot of factors, the business must continue to deliver high quality services, also the business must keep evolving find ways to stay ahead, utilise digital marketing, work on costumer relationship and so on.

 

[shakky2]

profitability and maintainability are very essential in business.in setting up any business you have to be considerate of your own realization in terms of profit.the sale of the products should be able to drop your own income.also the maintainability has to do with trusted a trusted and reliable brand that capture the heart of the people such that they will always patronize you

 

[Mika]

The primary aim of a business is to earn profits. In order to earn profits, you will be either selling products or services. Do you think you can continue selling your products and services when they are low quality? In order to earn profits, you need returning customers, you can have to return customers only when you are providing quality services and products.

Post automatically merged: Jan 26, 2021

The primary aim of a business is to earn profits. In order to earn profits, you will be either selling products or services. Do you think you can continue selling your products and services when they are low quality? In order to earn profits, you need returning customers, you can have to return customers only when you are providing quality services and products.

 

[Abbas ali]

Applying effective maintenance aims to enhance company's profitability and competitiveness through continuous cost-effective improvement of production process efficiency, effectiveness and productivity, which can be achieved via maintaining and improving the quality of all the elements contribute in the production ...

 

[GIFTMICHAEL]

Profitability is an ability for the business to run with a profit from it's operations, while maintainability is the ability to keep the business going in the best possible way. A business is able to maintain itself if it operates profitably. A business without profit will find it really hard to live up to the activities and ensure that it's activities are good

You rightly explained everything correctly.
When you make a profit in your business the next thing is to maintain such business. Businesses or company needs maintainance.
Without taking care of the business it will be hard to make profit.

 

[MarieArie]

This calculation is often done on the previous three years’ performance and then looking forward – to at least the next 12 months. The results are also often weighted based on seasonality and other market and business-related factors. The calculation involves analysis over a number of years representing future maintainable earnings, and therefore the analysis needs to consider business health factors, risks and other issues that impact the business.

 

[Hasan Raza]

For the business to be profitable and sustainable you need to ensure that the core aspects of the business which are products and services are given utmost attention. Also customers relationship need to be developed and maintained by ensuring that they are given excellent customer service at all times.

 

[Zubair]

To achieve profitability and maintainability in a business must:

1. Produce quality products
2. Operate efficiently and effectively
3. Be socially responsible and ethical

A business man has responsibilities towards its stakeholders. The stakeholders are groups with a stake in the success and outcomes of a business e.g. customers, employees, investors and government regulators etc. The society at large is also a stakeholder as it is also affected by the business. The businesses are concerned about the effect of the production and distribution of their products on environment.

I think both of them, profitability and maintainability are the basic requirements of a business. But most of the people fail in business because they lack such type of qualities which grow the business more. When we would maintain our business well, we automatically get profit. But to get more profit,you need to be a logical person, otherwise you can't get it properly.