Quote:
Originally Posted by graciegirl
I do not see where quality of life and profits do not co-exist. Profit is not a dirty word. Profit is the goal of hard work and planning and is represented by cash, but it is the goal that when met, supports the business and the livelihood of people who depend on it for their jobs.
"Profit is necessary for the survival and growth of business enterprise. If the business does not make enough profit it will not survive in the growing competitive world. Profit means survival.
It enables the business to grow, helps employee motivation, eases negotiations with banks, attracts investors, and gives clients and customers a confidence in business. All that adds up to success.
Profit is a yardstick that tests the efficiency of the business firm. The success of the business can be judged by the extent of profit earning capacity."
Above snipped from article. Not original.
People who have long worked for the government sometimes use the word profit as a bad word. Profit is not the result of greed or of bad motives. Profit is when you have strawberries left over from your field that you didn't need to sell to get groceries. Profit is canning the leftovers or giving them to a neighbor.
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However, in context, let’s see....during this pandemic..
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I am just trying to add to an earlier post (by JIMJAMUSER I think).
“With few exceptions, big businesses are having a very different year from most of the country. Between April and September, one of the most tumultuous economic stretches in modern history, 45 of the 50 most valuable publicly traded U.S. companies turned a profit, a Washington Post analysis found.”
“Despite their success, at least 27 of the 50 largest firms held layoffs this year, collectively cutting more than 100,000 workers, The Post found.”
https://www.washingtonpost.com/graph...virus-layoffs/
Point is as we make the rich richer and the difference between “rich” and “poor” greater, are we serving the country’s good ? Never feel guilty about making a profit and do all you can to make, but let’s not forget about our country.