Some people think that only way to judge someone's success in business is by the amount of money they make. Is money a true indicator of success of a business? In what other ways could success in a business be measured?

Presently, there is a conception that
money
is the only way to evaluate the achievement of the
business
.
However
, judging by
money
is no longer a true measurement
due to
many foreign factors and has been transformed into the
products
and service
quality
as well as
the workforce. It is essential to understand that
success
in
business
can be influenced not only by
money
but
also
by many external factors.
This
is
due to
the fact that it heavily relies on economic,
market
Correct word choice
and market
show examples
trends and trading laws which frequently change and alter the demand of the customers depending on the trend.
Therefore
, if a company cannot adapt to
this
volatility and innovate new
products
can encounter the threat of falling behind other competitors in the commercial race regardless of high revenue. A paradigm for
this
situation is Yahoo which used to be a monopoly in the online advertising market in 2005 before failing to catch up with the consumer trend prompting Yahoo to be a loser after the appearance of Facebook. With the exception of
money
, the
quality
of
products
and services is another point worth considering. To clarify, customers have a propensity for choosing high-
quality
and durable usage
products
, that’s why companies which enhance the
quality
of
products
will attract and easily build trust leading to a deeper connection with potential customers.
As a result
, companies will have the confidence and freedom to raise the price of goods because of the loyalty of clients laying the groundwork for long-term profit and
success
. Another way to judge the
success
of a
business
person is strongly related to employee engagement. An explanation for
this
can be found in the form of the more internal staff trust each other, the more powerful the integration is. To explicate, the solidary creates a comfortable atmosphere at
work
for employees to boost morale and have more prospects for growth and development leading to dedication at
work
. Take Microsoft as a prominent example, the CEO decides to conduct a strategy which provides privileges and opportunities for both men and women at
work
to ensure
the
Correct article usage
apply
show examples
ethics and not have any conflict that makes employees more concentrate on their
work
.
Thus
,
money
is not a true sign for judging the
success
of a
business
on the grounds of external elements.
Instead
of that, people can consider the
quality
of
products
and services
coupled with
the labour force as other measurements.
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task achievement
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coherence cohesion
Incorporate a wider range of linking words and phrases to enhance the logical flow between sentences and paragraphs. This will improve the coherence of your essay.
task achievement
Expand upon your examples by detailing specific outcomes or impacts related to the success metrics you discuss. This will add depth to your argument and improve your task achievement score.
task achievement
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coherence cohesion
Check for any grammatical errors and strive for variety in sentence structures to make your writing more engaging and to demonstrate your language proficiency.

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    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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