Sole purpose of a business is to make a profit

Assignment Help Business Management
Reference no: EM132326240

In the following statement "...the sole purpose of a business is to make a profit" - do you believe that should be the goal of every company? I am not saying it is right or that it is wrong, I want to see what you can do with this assertion. As an investor, I may agree with this statement ... as a member of society I may not agree with this statement. What are your thoughts on this assertion? Should the profits be the sole motivation of a company? Why or why not?

Reference no: EM132326240

Questions Cloud

Cultures masculine and feminine cultures : According to House, et al., there are two very distinct type of cultures masculine and feminine cultures.
Key performance indicators in business : What are the benefits of using Key Performance Indicators in business?
What examples do you have in forecasting for cash needs : The ability to forecast the upcoming needs is important - but probably the most important, yet often overlooked need is that of cash.
Explore industry standard evaluation and analytical tools : London College UCK, UK - Engineering Design Assignment - Designing a product that meets customer's requirements. Explore industry's standard evaluation tools
Sole purpose of a business is to make a profit : In the following statement "...the sole purpose of a business is to make a profit" - do you believe that should be the goal of every company?
Which are the three most critical issues of the video clip : Which are the three most critical issues of this Video Clip? Please explain why? and analyze, and discuss in great detail. Which are the three most relevant.
Financial management of the healthcare facility : As an administrator, what are the implications of this law imposes on the financial management of the healthcare facility?
Identify the purpose of paragraph : Read the following paragraphs about three films and then identify the purpose of each paragraph.
What are microsoft corporate social responsibility programs : What are Microsoft corporate social responsibility programs or initiatives in place to contribute to the community in some way?

Reviews

Write a Review

Business Management Questions & Answers

  Essential to being an exemplary hr professional

Which knowledge, skills, or abilities do you believe are essential to being an exemplary HR professional?

  New performance appraisal system in xerox

How do you think management feels about the new performance appraisal system in Xerox? Why?

  Failure and success in application software

Case Study: Wolf Peak International: Failure and success in application software for the small to medium enterprise

  What are the benefits of using google calendar in the office

What are the benefits of using google calendar in the office? What are the advantages and disadvantages?

  What do you think of tom ballards reaction and why

What barriers to effective communication do you detect in this case? Is anyone "wrong" in this situation? By what other means could Randell have requested the information from Tom Ballard? What do you think of Tom Ballard's reaction? Why?

  Prohibits reselling of unused multi-day passes

In spite of a local law that prohibits reselling of unused multi-day passes, several businesses advertise and resell the tickets to unsuspecting tourists at a discount.

  Example of situational leadership

Please assist with these questions fast. My brains are fried can't even think provide and example of situational leadership, what do the trait theories of leadership aim to achieve, In doing a comparison between autocratic leadership style to dem..

  Traditional methods of policing

Compare and contrast some of the more traditional methods of policing with the more proactive and advanced modern methods of policing.

  Accessing gaps and hr roles

Propose your response as if you were the HR Director of a large multinational company. Give ample thought to what your role as the company's top HR person might be; how your time should be divided and how you might best use the talents of subordin..

  Thinking between individuals

Discuss the differences in thinking between individuals and differences between thinking as an individual and as a member of a group?

  Human computer interaction

Describe at least two characteristics of tree-structured menus, and acyclic and cyclic networks as combination of multiple menus to differentiate between them.

  Need to discuss the idea of professionalism

In today's culture, things are constantly changing, and the ideas around social media are at a peak. While technology is a driving force in nearly everything, we need to discuss the idea of professionalism.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd