Profit is the only business of business.

sunandaC

Sunanda K. Chavan
:SugarwareZ-294:
Definitely i feel Businessman getting richer now a days and they are not putting affort for the social causes.
The industries only propogating the all kinds of pollutions in society.
The Social work done by the businessmen is minute as compared to the investment it is taking from the society.
The fundamental behind running business is Capitalization .Capitlaization is based on only profit.
Human life is improving day by day due to business because the kind of innovations happening due to business is not possible without business.The kind of R&D facilities business putting for new innovations is making life better and safer. Businesses are predominant in capitalist economies, most being privately owned and formed to earn profit to increase the wealth of owners as far as its definition is concerned..
:flame:
 
Business serves the stake holders by using social capital( Land, resources etc) and in the bargain earns profit( Invisible Hand). When the business does not consider the impact on the society, the stake holders punish it, by denying resources and not accepting their services. So it pays to be ethical.
 
I think yes profit is the business of any business. When someone starts business, he take loans and other resources from the market on his own risk. When people get loss in business then why someone do not interfere to help him. So when thy are getting profit there should be no problem and it also good for our economy. If we earn more we will pay more taxes which is good for our nation and development.
 
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