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> the goal is to make money, not to provide a service I think your entire premise is flawed here. Businesses make money by providing services that people want
by knubie 4y ago
> the goal is to make money, not to provide a service
I think your entire premise is flawed here. Businesses make money by providing services that people want / need.
- antisthenes 4y agoBusinesses also make money by reducing the inputs that go into services (e.g. lowering the quality of the service), thus achieving a higher profit margin. It's not a flawed premise. It just doesn't occur 100% of the time. It tends to occur in industries with poor competition (mono/oligo-polies)