This website uses cookies to ensure you have the best experience. Learn more

Business Is Not Only For Profit But For Nation Building

587 words - 3 pages

Management Accounting
AGSB (Regis – MBA Program)

Business is not only for profit but for nation building

In many organizations, businesses are built mainly for the purpose of profit generation. Most successful businesses are those who are successful enough to continuously generate sizable profits in their business activities. Business, according to Merriam-Webster Dictionary is a usually commercial or mercantile activity engaged in as means of livelihood. It is the nature of a business to generate profit for it to be sustainable and for it to survive.

In many economically successful countries, nation building has always been given much importance. Patriotism has been deeply rooted in the beliefs and culture of these nations. An example of this is Japan. Japan had suffered severely during the Second World War ...view middle of the document...

As Per Capita Income increases, the buying capacity of the public increases as well, thus also increases economic and business activities of the local economy.

In the Philippine setting today, most of the businesses purely focus on profit generation alone. Most of business owners do not give much attention to nation building. In fact, Filipino business owners do not pay proper taxes, wages, and do not abide most of government policies in order to decrease cost. These practices hinder the entire country from moving forward.
The main reason for this is the lack of patriotism, which is also exemplified by the government officials. Many countries have been backward compared to the Philippines during the mid 1900s, but are now more advance because of their being nationalistic and patriotic. Philippines politics has always been associated with corruption, self-serving politicians, and anything dirty.

On the other hand, business without conscience is greed. Every business should incorporate nation building in its mission and vision. There are many ways to be socially responsible. It means being a good corporate citizen. According to Richard Daft, corporate social responsibility is management’s obligation to make choices and take actions that will contribute to the welfare and interests of society as well as the organization. Social responsibility can be a difficult concept to grasp because people have different beliefs as to which actions improve society’s welfare. At the very least, each organizations should follow all government policies, pay right taxes, and pay proper wages. To go one step further, organizations could make projects or programs for different causes that could address the needs of the society.

Nation building is not merely the responsibility of the government or any group of people. Nation building is the responsibility of the entire populace. It should always a conscious effort of every individual or organization to incorporate nation building in their daily endeavor. The success and failure of every country directly affects its citizens. Any positive changes that will be brought about the nation’s success will be the enjoyment and pride of every citizen.

Other Papers Like Business Is Not Only for Profit but for Nation Building

Shakespere Was Not for an Age but for All Time

590 words - 3 pages ``Shakespeare Was Not OF An Age But For All Time`` I agree with the statement ``Shakespeare was not for an age but for all time. `` The words of praise probably the most famous ever written about Shakespeare , were penned by Shakespeare`s good friend and follow writer `Ben Johnson`. For the poet and playwright generally considered the greatest ever is also one of the least known of all literary figures. And his works were indeed created for

Schools for Profit Essay

582 words - 3 pages schools which also operate as businesses. -According to Kevin Carey (director of the educational policy program), “For-profit schools exist in order to fix educational market failures left by traditional institutions. They profit by serving students that private/public nonprofit institutions too often ignore.” Background Information: -The largest for-profit venture in public schools is the Edison Schools. -In 1990, Benno Schmidt, the

English Is Not Needed for Development

834 words - 4 pages for knowing English language hampers their performance in other subjects as well. The efforts put by our elders in promoting English will not serve any purpose, but to fall our standards even lower. After all how can they fulfill their dream to change the language of 180 million people, it is simply stupidity, stupidity of the highest degree. And if their desire is to change the language of a portion of people, than it is like compromising on

Freedom Dosn't Means Lisence but the Wisdom to Choose What Is Right for Oneself

2530 words - 11 pages SCHOOL OF MECHANICAL AND BUILDING SCIENCES III Year B. Tech (Mechanical with specialization in Energy Engineering) - VI Semester Course: BEM 304 - CONVENTIONAL ENERGY TECHNOLOGIES – II ASSIGNMENT Answer two questions Unit I 1. Classify nuclear reactors? What are the advantages and disadvantages of nuclear power plant? 2. Write about Indian nuclear power plants? 3. What is chain reaction? How it is maintained? What is the difference between

Tecumseh: Lost Hope for an Indian Nation

1584 words - 7 pages Harrison asking him for the return of their land. He said that he represented every Indian tribe and that he was their voice. The meetings were not productive and only heightened their disagreement; Tecumseh knew that war was inevitable.[12] In the summer of 1811, while Tecumseh was in the south to recruit more tribes for the confederation, Harrison led an army in a preemptive strike against the Prophetstown at Tippecanoe.[13] Harrison’s

I Died for Beauty but Was Scarce

1877 words - 8 pages scarce, we see how the persona develops a connection with an unknown male in an adjoined tomb and thus finds a sense of belonging. The persona’s lust for a nourishment is explored in Dickinson’s I had been hungry all the years, in which she finds out that the thing she longed most for was not the right thing for her. I will be also using the picture book, The Arrival by Shaun Tan in which, a man leaves for a new land but loses his connection with his

Building Blocks for Success for a Career in Education

1752 words - 8 pages well being of not only their students, but in the well being of all humans. It is important to be interested in the student beyond their academic progress, but also in their endeavors outside of the classroom such as sports, clubs, and other community affiliations. It is even more reflective of the compassion of the teacher if the teacher is willing to volunteer and give of him or herself beyond the school setting. * Advocacy: It is

Business Ethics Is Essential For The Modern Corporation

1700 words - 7 pages society because the decision of a corporation to act ethically or unethically will influence the whole society positively or negatively. There is no doubt that pursuing maximized profits is a constant goal for every company. However, seeking the most profit should not be the only goal for business; benefiting society should also be considered. In other words, a company should have the awareness of a certain social responsibility to regulate its

Case 2 Innocent Ltd: Being Good Is Good For Business

279 words - 2 pages of the author. Course of Study: Principles of Marketing Designated Person authorising scanning: Esther Platt Title: Introduction: Case 2 Innocent Ltd: Being good is good for business Author: Fahy, J. and Jobber, D. Name of Publisher: McGraw-Hill Name of Visual Creator: The Library, University of Salford Filename: Fahy, J.16CW26

Business Plan for Established Business

4533 words - 19 pages not sure of the facts, and to look at your ideas critically. It takes time, but avoids costly, perhaps disastrous, mistakes later. The business plan narrative is a generic model suitable for all types of businesses. However, you should modify it to suit your particular circumstances. Before you begin, review the section titled Refining the Plan, found at the end of the business plan. It suggests emphasizing certain areas, depending upon your

Public Policy Analysis For Not-For-Profits

1310 words - 6 pages Health Care Action Task Force Jobs with Justice A. Mission Jobs with Justice (JwJ) is a coalition of 75 local labor, community, student, and religious groups organized to win concrete victories on the road to achieving economic justice and lasting social change. We engage working people in addressing the root causes of poverty, organizing support for workers treated unjustly and/or illegally in the workplace and in organizing an economic

Related Essays

For Profit And Not For Profit Organizations Essay

2994 words - 12 pages Case Study Analysis of Personal and Organizational Ethics and Values between For-Profit and Not-for-Profit Organizations The American Lung Association (ALA) is a non profit organization that promotes healthy lungs and healthy air. They offer free counseling for individuals who want to quit smoking. They advocate for clean air laws. They are involved in searching for cures for lung diseases. The ALA was founded in 1904 as a non profit

Profit Versus Not For Profit Hospitals Essay

1462 words - 6 pages Profit Versus Not-for-Profit Hospitals In Partial Fulfillment of the Requirements for Health Services Systems HSM 541 Blaise X. Schmidt DeVry University Keller Graduate School of Management September 2012 1.0 Purpose The purpose of this paper is to conduct a comparative analysis between for-profit hospitals and not-for-profit hospital. It will discuss the characteristics of each as well as factors affecting the

Who Is More Charitable? For Profit Or Not For Profit Hospitals

923 words - 4 pages . Without a concern to the operation or foundation, all corporations and organizations operate with an intention in mind. The purpose of not-for-profit is to push a mission while for-profit works in order to make a profit. Not-for-profit and for-profit have or must have an awareness to assist individuals, but also needs to reap financial gain when all is said and done, or they will not be able to continue to operate. Although funds are obtained through

Freedom Does Not Mean Licence But The Wisdom To Choose What Is Right For One Self

618 words - 3 pages Main page Contents Featured content Current events Random article Interaction About Wikipedia Community portal Recent changes Contact Wikipedia Donate to Wikipedia Help Toolbox Print/export Languages Български Català Česky Deutsch Français Íslenska Italiano मराठी Nederlands 日本語 Polski Português This page was last modified on 9 September 2010 at 12:29. Text is available under the Creative Commons Attribution-ShareAlike License; additional terms may apply. See Terms of Use for details. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc., a non-profit organization. Contact us