Business Management College Essay Example | Topics and Well Written Essays - 2250 words

Business Management College - bear witness ExampleIn contrast to the statement under discussion, I feel that man has a rattling strong urge to maximise. If it was not so then the world we are living in right away, would had been a much different and under developed place to be in.The crux of totally this can be derived from the fact that growth of demarcation, multiplicity of telephone circuit - man starts with one and keeps on maximizing the product poesy and range to grow higher and higher etc. is not possible with egress the mans inherent nature to maximize. The industriousness is replete with practice sessions of businesses being started as local businesses and then becoming national and finally global. Man is invariably looking for avenues of expansion. We keep expanding and maximizing. Our society or the consumer at large has always wanted to maximize its satisfaction. The utilisation of business is to create avenues and give options so that this desire can be fulfi lled in the scoop up possible way. By doing so the goal of maximizing profits by the production and sale of products and go that in turn maximizes the satisfaction of the society at large gets fulfilled too.Without maximization the implications on the business would have been such that there would have been a dramatically poor growth of the world and its economy. The impression of the world we are living in now would have meant a very bizarre scenario without either sign of reality. It would have been treated as a dream, which would never ever become true. The vast and quick changes that have overwhelmed us over the years are the fruit of the nature of maximization inherent in man. Because of the nature of maximization in man, we are confident that the entire global economy and business scenario is apprenticed to see escalating growth in future. Due to the mans nature of maximizing the business that is being done all over is real and not a mere vision. Today the issue of diver sification is a impatient subject in the business circuit. What is diversification Through it the different businesses try to expand their business. What is expansion It is - the forget to maximize. Then can a statement like It is not in mans nature to maximize be true No matter what the product is, diversification has always been in the agenda. For example those who are selling chocolates are diversifying in the field of biscuits and other related or unrelated products. Those who are selling magazines beseech to launch targeted new editions. They try to offer demographic selectivity to the customers. Apart from their regular issues they try to take out demographic editions like - editions for the affluent readers, for health conscious people, for those who love traveling, for 60 plus people etc. These are just the examples of two products opting for maximization of their products and naturally their profits. There are thousands of products in the market. Every business is adopt ing some or the other agenda of expansion. Hence using the path of maximization everyone is trying to maximize the positive implications of their businesses. Apart from diversification, innovation is also becoming a buzzword. According to Hegde and Krishna (1993. p. 40) Yet another example of maximizing opportunity to innovate and excel has been that of two men who indeed strove to electrify our world of today - the German, Werner Von Siemens who created the electric generator and the American, Thomas