Making money is the only aim in business sector
Debate Rounds (3)
Profit = A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
Profit is how company defines and recognizes each other.
One might think that the company is inclined to provide contributions to society in return for personal or professional dedicated efforts.But this stoic and indifferent entity not capable for such a return.Setting different employers at different level,paying more to the one who is working more,advertising at their best bolsters my point.
At last,This is very common.If they really want to do that ,If they really want to bring change in society.They could have gone to other committees like NGO to process this change but they didn't.Cause they want to earn profit and only profit.
There are 5 stages in a business lifecycle. In the concept & start up stage companies are aiming to stabilize, so the aim is to survive, not make money. The growth stage involves developing its product further to optimize its concept, so the aim of the business here is to research & develop its product or expansion strategies. The maturity stage is all about the money so I won"t argue with you on this one. The later stages refer to a business slowing down & they either go bankrupt or restart the cycle again.
The social environment refers to social issues that might affect the business or those associated with the business. Certain needs or demands that hit close to heart that might cause someone or a business to pursue a cause like environmental issues, diseases, or any other social issue.
Now let"s put these two together. Tesla"s Elon Musk built a new business with Tesla, saw it grow and mature & just like in the backward bending supply curve, he made so much money that his goal has become about tech advances and lifestyle changes. Today he is working his company SpaceX, which aim to open up space exploration, finding alternative earths etc. Things that Musk admits he may not see in his lifetime. Here, it"s not about the profit; it is about pushing limits. It will eventually go through a stage where it matures and the business profits from it; however, currently, this business is working to push technology rather than profit.
This is just 1 example out of hundreds more in every sector. Medicine, construction, and even weapons companies are at various stages of their life cycles. So the claim that the business sector"s only aim is to make money is faulty generalization.
Kartikey forfeited this round.
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1 votes has been placed for this debate.
Vote Placed by Wylted 2 years ago
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Reasons for voting decision: Con showed that businesses sometimes have aims outside of making money, such as trying to survive etc.
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