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ALS, Alexander Language Schools Franchise


Jan 28, 2010

The Three Factors in Business, Jan 28, 2010

Every business (firm) or activity is an entity composed of three factors, and functions, having them in harmony.
These factors are:
Place(s), i.e.the facility, premises, such as a shop, a school, an office, a farm, a piece of land, etc.
Customer(s), i.e. the buyer, purchaser, consumer, household, i.e the person or other who approves and consumes the products(goods)/services of the seller/producer, creating the supply and demand circular flow.
Worker(s), the person(s) and/or their substitutes (machines) offering the services/work in the business, producing and/or selling goods or services.
Consumer/Customer factor is the strongest of the three, which regulates the behavior of the business (see operant conditioning and reinforcement).
In amateur activities (hobbies etc) the consumer/buyer is usually the same as the worker.
Exchange of satisfaction, interdependency: buyer, <--> seller
The buyer/consumer is the cause of existence of the producer/seller and
The producer/seller is the cause of existence of the buyer/consumer.
All the above form the holotes of business, i.e. different parts joined together forming an entity different from its parts.

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