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Purposes of business system in society
Klausimas
1
#137198
Still too many people think that the main purpose of business is making money. This flawn, primitive belief may be important reason responsible of high percentage of business failures.
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How this works
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VSI: Problem Jostle »
VSI: Problem Jostle
VSI: Problem Jostle☜Task: to arrive at subject matter and membership of small working groups. ☜F1CEB7
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Phase 1: Generate SIs »
Phase 1: Generate SIs
Phase 1: Generate SIs☜Attach Statements of Importance (SIs) here. 1) Review existing SIs. 2) Attach unique SIs to Phase1: Generate SIs 3) add similar SIs as satellite circles to the SI they are similar to. See details for further instructions.☜FFB597
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Sustainable Business Model »
Sustainable Business Model
Sustainable Business Model☜This SI clusters many of the SIs relating to mostly System 5 functions -- culture, values, philosophy, business model etc.. ☜FFB597
■
Purposes of business system in society
Purposes of business system in society ☜Still too many people think that the main purpose of business is making money. This flawn, primitive belief may be important reason responsible of high percentage of business failures.☜FFB597
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Profit is by-product »
Profit is by-product
Profit is by-product☜The firm manages to generate value for society via the markets. Profit is the by-product of creating real value externally and managing operations effectively. ☜EBF6F7
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Circular flow of money - dual purpose of economic system »
Circular flow of money - dual purpose of economic system
Circular flow of money - dual purpose of economic system☜Purpose of market-based economic system is (1) to provide goods and services needed by society and (2) provide employment so that people can purchase those goods and services. If too much money is bled from the system and stored as wealth, circular flow slows or private debt increases.☜FFB597
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Meaning of wealth »
Meaning of wealth
Meaning of wealth☜Western cultures mastered economic growth model up to the point of identification of wealth with material and financial assets. Shortage of non-economic, intagible but valuable assets (respect, worthiness, compassion, love, etc.) marks decreasing quality of life. How can meet raising demand ?☜FFB597
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Purpose of firm = make profits »
Purpose of firm = make profits
Purpose of firm = make profits☜In capitalist market economies, the purpose of firm is primarily to make profits.It is not to save the whales, equalize incomes in society, or support the arts. If the firm believes it is beneficial for it to conserve the ecosystems, increase personal well-being, or invest in art, it can do that. ☜FFB597
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Purpose of the firm = maximising shareholder value »
Purpose of the firm = maximising shareholder value
Purpose of the firm = maximising shareholder value☜A factor behind short-term perspective of business mangers. Also related to the principal–agent problem.☜FFB597
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Redagavo:
Cezary Wojcik
NodeID:
#137198
Node type:
Issue
Įvedimo data (GMT):
2/1/2012 7:43:00 PM
Paskutinės redakcijos data (GMT laikas):
2/3/2012 11:20:00 PM
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