The introduction attached to this activity is for a research paper. Once you have completed reading it$,$ point out any errors that are present. Use APA style to complete your activity.

Introduction

In today$$s rapidly changing business landscape, companies face a multitude of challenges, the most important of which is staying afloat financially. Businesses are primarily concerned with generating profits, which, of course, is the main goal of any organization. In fact, if a company is not making money, it cannot be considered successful. There is no doubt that all companies, no matter their size, aim to make more money and to grow as large as possible. Therefore, this paper aims to discuss why profitability is essential for the survival of businesses in a competitive world. Although this topic is well known, it's important to reiterate that profit is a key determinant of success. The key reason behind this is that without profits, businesses cannot pay their employees, invest in new technology, or expand their operations. Therefore, businesses must prioritize profitability above all else to thrive in today$$s global market.

Moreover, with the rise of globalization, businesses are faced with new opportunities and challenges. Globalization has had both positive and negative effects on businesses, but most people agree that globalization has brought many advantages to businesses around the world. Many companies have used globalization to grow exponentially. For example, Amazon, one of the largest companies in the world, has used globalization to expand its reach to customers across the globe. However, not all businesses have been as successful as Amazon. Some companies, especially small and medium$-$sized enterprises $($SMEs$),$ have struggled to compete in the global market. The failure of these companies is often attributed to their inability to adapt to the demands of globalization. Thus, this paper will also explore how globalization has impacted businesses, both positively and negatively, and why some companies fail in the global market while others thrive.

Another critical aspect of today$$s business environment is the increasing role of technology. Technology has transformed the way businesses operate, making processes faster and more efficient. Companies like Google have become leaders in their industries by leveraging technology to innovate and stay ahead of competitors. This paper will touch upon the importance of technology in modern businesses, though the main focus will remain on profitability and globalization. Technology, while crucial, is merely a tool that helps businesses achieve their ultimate goal of making money. Without profitability, even the most technologically advanced company cannot sustain itself in the long run. Therefore, this paper will explore the relationship between technology, profitability, and success in the business world.

In conclusion, it is clear that businesses must prioritize profitability in order to succeed. Globalization and technology are important factors that influence business operations, but at the end of the day, businesses need to focus on making money. Companies like Amazon and Google have shown that by prioritizing profitability and leveraging globalization and technology, they can achieve immense success. However, businesses that fail to adapt to the challenges of the global market often find themselves struggling to survive. Therefore, this paper will examine the importance of profitability in today$$s business environment and explore the reasons why some companies succeed while others fail.