“No one can possibly achieve any real and lasting success or ‘get rich’ in business by conforming to conventional practices or ways of
thinking.”
Discuss the extent to which you agree or disagree with the opinion stated above. Support your views with reasons and/or examples from your
own experience, observations, or reading.
I agree with the stated opinion that business do need much more to achieve success than just following traditional practices.
Today, The businessess have to have a unique selling points to attract the customers or consumers. They cannot get rich just by following traditional ideas. for example , walkmans introduced by sony was condsidered to be the best. After the launch of walkmans, some people predicted that walkmans would be the next big thing in the music sector. But then apple came up with the revolutionary ipod which not only dethroned the walkmans monopoly but also made huge profits in a years time. So the key of the Ipod success was continous innovation and different presective of looking at the things.
On the similiar lines, success of Google is another example. Google impacted each and every individual's life in a certain aspect. Google , came up with search engine which was much more efficient and faster than existing search engines during that time such as Ask me etc. Again , The offbeat thinking of Larry Page and Co took revenue of a company to billion dollar mark in no time.
Admittedly , some people may say that its good to follow old and proven practices. But they have to understand that in this continouous evolving world , If a business has to survive it has to be more flexible and come up with new ideas to offer to consumers. BUsinessess cannot solely survived only on the basiss of the traditional practices.
In sum , the conitnuous innovation and unique selling points is the key to success for businessess. Businessess just cannot rely only on traditional practices to make profits.
thinking.”
Discuss the extent to which you agree or disagree with the opinion stated above. Support your views with reasons and/or examples from your
own experience, observations, or reading.
I agree with the stated opinion that business do need much more to achieve success than just following traditional practices.
Today, The businessess have to have a unique selling points to attract the customers or consumers. They cannot get rich just by following traditional ideas. for example , walkmans introduced by sony was condsidered to be the best. After the launch of walkmans, some people predicted that walkmans would be the next big thing in the music sector. But then apple came up with the revolutionary ipod which not only dethroned the walkmans monopoly but also made huge profits in a years time. So the key of the Ipod success was continous innovation and different presective of looking at the things.
On the similiar lines, success of Google is another example. Google impacted each and every individual's life in a certain aspect. Google , came up with search engine which was much more efficient and faster than existing search engines during that time such as Ask me etc. Again , The offbeat thinking of Larry Page and Co took revenue of a company to billion dollar mark in no time.
Admittedly , some people may say that its good to follow old and proven practices. But they have to understand that in this continouous evolving world , If a business has to survive it has to be more flexible and come up with new ideas to offer to consumers. BUsinessess cannot solely survived only on the basiss of the traditional practices.
In sum , the conitnuous innovation and unique selling points is the key to success for businessess. Businessess just cannot rely only on traditional practices to make profits.
