Relationship Between Society And Society

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Society, as defined by British Sociologist Morris Ginsberg, is a collection of individuals united by certain relations or a mode of behaviour which mark them off from others who do not share the same kind of traits or relations. Business, on the other hand, can be defined as the work related to the production, buying and selling of goods or services in exchange for money. All businesses are concerned with providing their goods or services to the people of a society, so a society and a business both play an important role in helping each other grow. When trying to successfully run a business, we need more than just a good knowledge of maths and economics. Business requires an essential understanding of the society and the people that it’s trying to cater to. So, in my opinion, it is relevant to have a proper understanding of society in order to successfully run a business. Business requires an in depth understanding of people, their needs and their wants; understanding the society that they operate in will help businesses to understand their customers better as well as their employees. By understanding the society, they are able to properly anticipate the needs of their customers and also successfully combat any problems that consumers might have. Understanding their customer base better will help them to modify their products according to the needs of their customers and it will also make communication between customers and the business more effective. The thinking and
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