What is the purpose of business?

    What is the real purpose of business? In my lessons this week, the answer to this question  was somewhat unexpected. The purpose of business is to bless the world  and  to enable individuals to develop their God-given gifts and talents. Business owners have a responsibility to build the world, and to rescue those who need rescuing. For example, Muhammad Yunus  started a business loaning money to poor people in Bangladesh and found they were more than trustworthy in paying back the loans.those who received these loans  became productive citizens who were able to sustain themselves. Mr. Gay of Huntsman and Gay private equity firm is another example of  how sharing his resources as a businessman helped  the poor. He told a story of a young man who had built a school in Ghana.The government destroyed in  a war. He did not have the capital necessary to rebuild it. Mr. Gay  offered to rebuild the school for him. When businesses focus on serving the community they are in or aiding the world community, they will find more success and will be fulfilling the real purpose for which business was intended. that purpose is to, in the words of Charles Handy, " make a profit so business can do something more or better." That " something more" is the real justification for business.

Why are virtue and  integrity so vital  to an economy?
They are vital because without virtue and integrity  no one will trust you and thus no one will do business with you. This will create a populace that is more and more dependent on government to supply their basic needs.


According to  Charles Handy the real justification  of business is to  make a profit so you can do something more or better. That "something" is the real justification of business.

What are two solutions proposed by Handy that you agree with? Why?
the first proposal I agree with is sharing after tax profits with the workforce that produced the  profit. this would be good incentive to the workers to continue doing good work and will give them a sense of success and of working for a higher goal.

The second solution  I  agree with is to remake the laws to favor the workforce, not the corporations. This means that the employees will  be counted as assets again, not as costs, and will give the employees more say in company policy. This will bring dignity back to the workers and give them a sense of pride in their work.