Saturday, December 5, 2020

What is really business for?

                                             

 

    o Based on what you read in the first two pages (pages 3 and 4), why are virtue and integrity so vital to an economy?
The article What’s a Business for? Written by Charles Handy strongly mentions the increase in corruption and frauds in corporations; by keeping a high standard of morality; virtue and and integrity will made a business thrive in a healthy way.  As mention on his article people are natural drawn to do what is right, conceivably the corruption and corporate personal greed has gone so far that new generations may perceived as the normal model and Charles Handy mentions “ Playing the game according to the new rules”  being this the time to pulled back and evaluate our own standards and continue in how our business is running and how can we improve by turning back to the basis of providing a true and honest service to consumers and employees, enabling the door to make responsible decisions and maintaining highly ethical behavior. 
o According to Charles Handy, what is the “real justification” for the existence of businesses?
He mentions that the purpose of a business is to make a profit so that the business can do something more or better; being the “something” the real justification for the existence of the business. 
o What are two solutions proposed by Handy that you agree with? Why?
Business needs to take the lead in areas such as environmental and social sustainability; as is our moral commitment and responsibility as stewards in the care of their planet as a collective group we need to raise conscience and we will see the rewards of natural resources and healthy air and waters reflecting  into our own health improvement; also  the possibility to begin embracing the idea that long work is not necessarily practice in the work area. As productivity has shown in the last decades is not link to long and extensive hours in the place of work. By bringing the stress level down created by long commutes and hours in the place of work the individual can drive in health, problem solving and lead to a more balance and coordinated life. 

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