Business Greed

The concept of business greed has been around for years. Lately however , it has become much more visible, even in the us. Corporate greed has been acknowledged as being the top cause of various company bankruptcies, foreclosures and failed businesses. It ersus a sad fact that corporations will go out of business or close down if they happen to be not viewed with fairness and rights. In many ways despite the fact, corporate greed can also result in the success of a organization. If a organization has a money grubbing owner or management group they might truly see their success as being in their best interest in addition than the achievement of their consumers or investors.

Corporate greed has also been connected to major companies like Wal-Mart and Freebie southwest Airlines. Wal-Mart simply entered bankruptcy not because these people were unable to contend with local stores, but because they was allowing an unbalanced group of corporate hobbies to shape the company. Freebie southwest Airlines was also found being guilty of performing some dishonest behavior. That they engaged in price restoring, giving savings to selected carriers at a certain pace, and presenting money to favored clients. Simply put, business greed ends in a corporation to make decisions that are in the own welfare, not the interests of its customers or investors. Many question how this kind of companies might survive when they are granted the chance to succeed, yet the simple answer is that they will if they are allowed to.

The most important lesson to draw from corporate greed is that it is not the business that should be in control, but rather the owners and managers belonging to the corporation. With no strong feeling of interpersonal responsibility, or a willingness to generate personal sacrifices for the higher good of their companies, a corporation will in the end fail. A powerful sense of private responsibility and a dedication to Corporate Level Strategy providing a cultural balance may help lead firms and other organizations to achieve success. As individuals, we are inherently sociable of course, if we, while businesses, decide to participate in actions that help us, instead of helping ourselves, that may be where our strength is. A strong sense of sociable responsibility, put together with knowledge of factors strategies, lets people to work together towards the prevalent good while not resorting to corporate greed.

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