How much power does a business have.

[TOZZIBLINKZ]

The power of a particular business is actually gotten from what the business have actually accomplished throughout the past years that it has been established or implemented and also a business power is usually derived from how high the reputation of the business is . By definition a business reputation refers to how others possibly the members of the public including business competitors , and business rivals making up a particular business environment we views a particular existing business owned and managed by a particular business owner . When the reputation that a particular business have is of high quality and respectable quality that business is more likely to have a great deal of power in order to win the hearts , the trust , and loyalty of the various customers and clients that goes in and out of it .

Some businesses have high rate of power , while some businesses do not even have any power at all and they just live the way they see things . A newly established business may not initially have a great deal of power to control members of the public , but yet what matters most is how far or how much time it takes for that newly established business to develop a great deal of power which possibly means winning the loyalty and trust of members of the public . For example some of the prominent business organisation that we know of , such as jumia and Alibaba . This business organisation indeed has a great deal of power because they are actually legit and sincere , there is absolutely and literally no individual that can end up getting scammed or defrauded by the jumia or by the Alibaba business platform . That is why majority of people today patronize this two business organisation . why , because they trust it and it has indeed win their loyalty and trust .

 

[eldavis]

I believe business power Is also determined by the level of influence it has over the community around it. Let's take ShopRite for instance, there is one close to my living environment, now there is no one who does not know ShopRite around here, most of them have probably not been there but they know about it. Anyone who wants to watch a movie or go on a date, one of their choices would definitely be ShopRite as well.

 

[CALVINDOL]

Talking about the power of a particular business organisation well I believe it could be examined and determined as a result of how far the business organisation has actually impacted the members of the public . I also believe that business power could be determined and examined as a result of how the business is being diversified into various angles and regions of the country in which it is been existed . The power of a particular business could also be derived as a result of the reputation and loyalty and trust that customers and clients owns towards a particular business organisation , possibly because the business organisation do to it truthful and sincere behavioral attitudes and deeply and greatly impacted the wants and needs of members of the public .

And just like you already mentioned a newly established business might not initially have power to control a large crowd of clients and customers yet what is absolutely mandatory is how long does such a business takes to control members of the public . The existence of competitors to a particular business organisation is absolutely a hindrance to a particular business power and sometimes competitions and business rivals are absolutely not called for but yet it happens .