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Summit is a student of class 11. He has full knowledge of characteristics/features of a business.He is advising one of his friends that 'Business is a bed of roses,so there is no harm in adopting it as a career'. Do you think summit is right in saying so?
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Summit is a student of class 11. He has full knowledge of characterist...
Is Business a Bed of Roses?
Summit, a student of class 11, advised his friend that business is a bed of roses and there is no harm in adopting it as a career. However, the statement is a bit controversial and requires a detailed explanation. Let's explore the upsides and downsides of the business to understand whether it is a bed of roses or not.
Upsides of Business
- Unlimited Earning Potential: One of the most significant advantages of being in business is the unlimited earning potential. A business owner can earn as much as he/she wants by putting in the required effort and hard work.
- Flexibility: Business owners have the flexibility to work on their own terms and schedule. They can choose their working hours, type of work, and the clients they want to work with.
- Independence: Business owners are their bosses, and they have the independence to make their decisions and take risks without any interference or pressure from others.
- Creativity: Business provides ample opportunities for creativity and innovation. Business owners can come up with new ideas, products, and services that can solve the problems of the consumers.
Downsides of Business
- Uncertainty: Business is full of uncertainties, and there is no guarantee of success. The market conditions, consumer preferences, and other external factors can significantly impact the business's performance.
- Risk: Business involves a considerable amount of risk, and a wrong decision can lead to financial losses and bankruptcy.
- Stress: Business owners have to deal with a lot of stress and pressure as they are responsible for the success or failure of their business.
- Long Working Hours: Business owners have to work for long hours, including weekends and holidays, to ensure the smooth functioning of their business.
Conclusion
Business can be a bed of roses for those who are passionate, hardworking, and willing to take risks. However, it is not for everyone, and one should carefully evaluate the pros and cons before deciding to pursue it as a career.
Community Answer
Summit is a student of class 11. He has full knowledge of characterist...
No, he is not right in saying this. He has only some knowledge and not clear about business. There is a lot of risk involved while setting up a business, so it is not appropriate to say that business is a bed of roses. It takes a lot to settle up a business and run it.
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Summit is a student of class 11. He has full knowledge of characteristics/features of a business.He is advising one of his friends that 'Business is a bed of roses,so there is no harm in adopting it as a career'. Do you think summit is right in saying so?
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Summit is a student of class 11. He has full knowledge of characteristics/features of a business.He is advising one of his friends that 'Business is a bed of roses,so there is no harm in adopting it as a career'. Do you think summit is right in saying so? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Summit is a student of class 11. He has full knowledge of characteristics/features of a business.He is advising one of his friends that 'Business is a bed of roses,so there is no harm in adopting it as a career'. Do you think summit is right in saying so? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Summit is a student of class 11. He has full knowledge of characteristics/features of a business.He is advising one of his friends that 'Business is a bed of roses,so there is no harm in adopting it as a career'. Do you think summit is right in saying so?.
Summit is a student of class 11. He has full knowledge of characteristics/features of a business.He is advising one of his friends that 'Business is a bed of roses,so there is no harm in adopting it as a career'. Do you think summit is right in saying so? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Summit is a student of class 11. He has full knowledge of characteristics/features of a business.He is advising one of his friends that 'Business is a bed of roses,so there is no harm in adopting it as a career'. Do you think summit is right in saying so? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Summit is a student of class 11. He has full knowledge of characteristics/features of a business.He is advising one of his friends that 'Business is a bed of roses,so there is no harm in adopting it as a career'. Do you think summit is right in saying so?.
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