Learning to Understand Business ~ Understanding of Business
Allow Me To Do Good By Sharing Knowledge
There are only 3 businesses that have a networked and systemic nature. That is :
1. Large Business Networks are called Corporations or Conglomerates. A group of large businesses, and their owners are called conglomerates. Only a few people can build a conglomerate.
2. Similar business networks are called franchises. Someone made a business and then built a system so that it could be duplicated. For example, restaurant franchises, store franchises and so on. At the beginning of its development, it was banned because it was considered unfair competition, where someone suddenly could have a big business without building it.
3. Individual Consumer Networks are called Networking. There are companies that use a factory-direct sales system to consumers. So that the 60% profit share that is usually enjoyed by wholesalers, retailers and advertisements, is given to consumers. There are 3 developments viz.
Direct Selling: Alone buying from a factory and selling it to consumers.
Multi Level Marketing (MLM) or seller network: Inviting several people to sell products. Usually marked by the closing points and stock case.
Networking or user network: Build a large network and each buys enough for himself. At the end of the month, the group which has a lot of purchases will get a bonus according to their respective rights.
Networking Business is a business that is still widely misunderstood by people. Lots of "expert opinion" from both an economic and religious standpoint are misinterpreting this business. They interpret the type of money games and pyramid schemes that are Multi Level Recruiting as a Networking business.
In money games or MLRs, we get money from the depositing process.
At Networking we get money from purchasing partner products by our members.
Thank you And Greeting All