W12 Entrepreneurial Journal
Hello everyone, this week based on the material “what's a business for”, virtue and integrity are so vital to an economy because it will help provide a way for the savings of society to be used for the creation of wealth. It is vital in the economy because it helps build trust between people in business because if one has integrity, you will surely do what is right and what is in the best interest of the consumer and your clients. This will help build the economy and make business go smoothly which will help the economy grow. According to Handy, the main purpose of business is not to make a profit, it is to make profit so that the business can do something more or better. That "something" becomes the real justification for the business existence. It is to produce profit so the people in the business can do what pleases them, their families, and others close to them and far away. The justification of business emerges as the ultimate north star bringing to a new unified ...