1. The Oxymoron of Business Ethics
... one of these ethical theories. In order to answer this question we have to answer some other questions before that such as: "Why does a business exist?" and "What is its ultimate purpose?" The answer of the first question is simple: business exists to provide goods and services to whom may need them. Or in other words, to provide resources ... is profit maximization and share holders' value maximization. Profit maximization is the short-term goal of the business no matter if it sells a product or provides a service. Shareholders' value maximization is the long-term goal of the business....
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