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.
Final project rough draft.
I am heavily inclined to use the case study option for our final assignment. Typically I would move towards something more entrepreneurial, but Tesla being an option for the study changed that. Tesla is a fascinating company that in a few short years has went from being non-existent to challenging some of the auto industry's biggest players. Outside of them doing excellent in a highly competitive market, I also like that they are an example of the market succeeding giving us a cleaner alternative to fossil fuel vehicles. My case study will focus on how Tesla came to be, and what Elon Musk did to make it become the powerhouse it is today. I will begin at the conception of Tesla before Elon got involved, and I would like to go step by step through their history and finish off where the company is today. Within that, I will pay special attention to the problems that the company faced, as well as their mistakes. I also will pay special attention to what the...
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