Business is profit-motivated. No doubt. Profit stimulates innovation; it’s the reward for taking risks; it’s the return on capital invested in business; it’s compensation for hard work and long hours; it motivates efficiency; it weeds out products and services no longer in demand; it keeps pressure on companies to maintain their quality of customer service and products. In short, the profit system delivers the highest standard of living in the world. Despite all this, it’s no secret that many in [...]
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