Business Models, Systems and Oganizations

The local business that I frequently use is Target. I love this store because it’s a one stop shop for all of my needs. I visit the store at least once a week. I can get anything from laundry detergent to groceries, clothes and even household needs. This store has the three main business components detailed below.

The definition of a business as a commerce as it relates to Target is when people in business produce, exchange, barter and trade goods and services for their specific need. I believe Targets business commerce is to trade goods and services. I say this because the store has everything any consumer would want housed in one location.

The definition of a business as an occupation as it relates to Target is when the business trades skill or labor. It allows an organization to provide value in their goods and services. Target there is a high level of skill set that the organization has to have. This helps with keeping great customer service at an all-time high. It also helps in creating goods and services that are valuable to consumers. Target seems to reinvest in their employees. This gives them the advantage to continue to train their employees and produce their products in mass quantities. This allows the brand to continue to grow.

The definition of a business as an organization as it relates to Target is when a business uses bargaining and negotiating for goods and or services. Target is one of the most organized businesses I have ever visited. Most stores of their store locations are the same. You can pretty much go into any Target in any city and know your way around. I think that is a plus because the businesses main purpose is to work to a common goal. This is making the customers shopping experience simplistic as possible. Targets structure has grown tremendously over time. Target has found a way to find products of a higher standard. And sell to the consumer at a reduced price. Target is a joint stock company.