1. The Oxymoron of Business Ethics
... money or other resources so people can cover their needs and continue their development. The answer of the second question has been repeated many times by our professors and parents. The ultimate purpose of business 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 ... starts to falsify their balance sheets in order to pay fewer taxes, it will violate its integrity virtue. In all these cases the company will never reach perfect...
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