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"It is the job of a business to make money, the most money possible, at all costs. That is its single purpose existing." I don't know if you are terribly inexp
by Shinkei 12y ago
"It is the job of a business to make money, the most money possible, at all costs. That is its single purpose existing."
I don't know if you are terribly inexperienced or trolling, but this is provably false. Besides the obvious examples of non-profits, one can easily imagine a business model that desires market-share over margin (looking at Japanese business models or even Amazon). I think you should read more before you take such an amoral view towards business and I sincerely hope you are never at the helm of a business I invest in.
At its heart, business is about creating value and exchanging that value for currency. You build a great house, mine raw ore and create steel, invent a new medicine... your product is your goal and future growth is just as important (if not more!) than your current revenues.
- jusben1369 12y agoWhat missing here is any reference to time. Amazon is taking a short term loss on profit to maximize their long term ability to make as much money as possible. That's what maximizing market share is about.