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Business

(see also money, profit and other keywords)
like many entries in this glossary these are incomplete notes and questions
Noun Business Woman Reversed 5538992 Noun Business 7278599 Noun Wealth 5247514

The history of business

  1. Business as trading and exchange may have been with us for millions of years
  2. But 10K years of industrialisation encouraged us to quantify assets 
    • (e.g. cash crops, money, oil etc.) 
  3. This led to an economy in which isolated assets, materials or entities seem to have intrinsic value. 

What's the Purpose of Business?

  1. To be (upwardly) scalable?
  2. To make a financial profit?
    • making high profits is a performance indicator, rather than a purpose
    • there are always higher profit alternatives (e.g. drugs/armaments)
    • making high profits is not a guarantee of your business's survival
  3. To be competitive? (see above)
  4. To survive (in the market)
  5. To survive (in the community
  6. To survive (in the ecosystem)
  7. To enhance everyone’s potential
  8. To be viable (as a system)