I personally believe that business can be good for doing more than just filling the pockets of shareholders. With that being said, I am not naive to the fact that this is often why business businesses are created and used, but frankly I do not have a tremendous issue with this. No one is being forced to buy the product that you are selling so I see no issue with lining your pockets thanks to the creations of a good product or service. I do however think that all businesses should put more consideration into the well-being of all of their stakeholders when operating. This means that when people are operating their business they should not only be looking out for their bottom line but also for their employees, customers, their community, the environment, and many many other things. The largely divisive part of this conversation is how we should ensure that businesses are not ignoring the needs of all of their stakeholders. Unfortunately, I am unsure of how to do this, but for me, I will operate my business in this way simply because I believe that it is the right thing to do.
Cummins case study
Problem Our modern world is largely built around and powered by fossil fuels. For the longest time this has worked well but in recent years we have learnt more about the harm that is being done to the planet and its inhabitants by the burning of these fuels. As we grow more knowledgeable about the effects of our use of fossil fuels the world has begun to look for greener alternatives. While we have had some success in finding green alternatives, heavy engines are still a major consumer of fossil fuels. Unfortunately, we cannot simply stop our use of heavy engines. While it is possible for us to reduce our need for them, it is not realistic for us to end the use of these engines. These types of engines are used to help grow and harvest our food, build our cities, defend our nations, transport goods to wherever they are needed, and many also serve many other purposes. Put lightly these engines are essential to our lives in more ways than we often consider, but that doesn’t ma...
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