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.
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Sustainable Business Model »Sustainable Business Model
Purposes of business system in society
Profit is by-product »Profit is by-product
Circular flow of money - dual purpose of economic system »Circular flow of money - dual purpose of economic system
Meaning of wealth »Meaning of wealth
Purpose of firm = make profits »Purpose of firm = make profits
Purpose of the firm = maximising shareholder value »Purpose of the firm = maximising shareholder value
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