Practicing the Philosophy

Gregory Gull

Chapter 2 in The Intent of Business, 2013, pp 31-51 from Palgrave Macmillan

Abstract: Abstract A business begins with an idea to provide a product or service that speaks to a need or a demand. That is, an idea intended to meet the needs of people is the seed from which a business can emerge and develop. However while the creators of the idea possess faith in, and the enthusiasm for, the realization of the idea, it cannot materialize into a business without financial support. Capital is not only required to produce the product or service, it is also needed to promote and distribute it. Although the amount of capital required varies, according to the nature of the product or service and its associated market and distribution channels, the essence of a business remains the idea.

Keywords: Business Cycle; Strategic Goal; Toyota Production System; Executive Team; Business Revenue (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-35208-8_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137352088

DOI: 10.1057/9781137352088_3

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().