Intro to Entrepreneurship Week 12

  Intro to Entrepreneurship Week 12

  • Based on what you read in the first two pages (pages 3 and 4), why are virtue and integrity so vital to an economy?
  • According to Charles Handy, what is the “real justification” for the existence of businesses?
  • What are two solutions proposed by Handy that you agree with? Why?

Virtue and integrity are so vital to the economy. At the beginning of the article we see that a few bad apples would not destroy the whole orchid. The marketers would pick out the bad and toss them, and eventually the apple orchard would be back to normal. Truth is easily sacrificed in favor of market profits being on target and in need. Where is the integrity in this? There is none, which is why it is important to have it vital to the economy. Otherwise, it will crumble. You cannot have a full basket of bad apples, or a full orchard. Otherwise, there will be no orchard.

The “real justification” for the existence of businesses is to make a profit so that the business can do something more or better. 


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