1. The Oxymoron of Business Ethics
... why a business cannot expect to increase its shareholders' value by maximizing its profits by the usage of fraud or theft. For example, if a car manufacturer starts to make its cars with cheaper materials and still asks the same price for these cars, this will maximize the profit of the company in the short-term. But this company cannot expect to increase its shareholders' value in this way ... - value maximization and happy customers because they receive what they want, in other words, the greatest happiness to the greatest number of people. Some may argue that if the clothes were for f...
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