Characterized by practices, policies, or attitudes that favor and support the interests of businesses, typically involving efficiency, profitability, and a free-market orientation. This often translates to deregulation, tax cuts, and policies that aim to reduce the costs and burdens on companies, encouraging economic growth and investment. It prioritizes business operations, aiming for financial success through fostering a favorable business climate.
Pro-businesslike meaning with examples
- The new legislation was lauded by the Chamber of Commerce as a pro-businesslike measure. It streamlined permitting processes and reduced corporate tax rates, leading to increased investor confidence and projected job growth within the region. This was a positive signal that the city actively wanted to draw in new businesses.
- The CEO implemented a very pro-businesslike restructuring of the company, laying off 15% of the staff and trimming operations. The company's stock price soared, and the quarterly earnings reports showed strong growth in revenue, indicating investor approval of these harsh yet successful maneuvers.
- Critics argued that the mayor's pro-businesslike approach ignored the needs of the local community. They focused instead on appeasing large corporations by offering tax breaks and subsidies, which further widened the gap between the rich and the poor in the city.
- The consultant advised the company to adopt a more pro-businesslike posture in order to attract venture capital. The company was seen as inefficient and undisciplined. The recommendations included improving accounting practices, creating detailed budgets, and clearly defining its market.