All companies are temporary. Even if they last a hundred years they still have a life span. To maximize profit during that life span long term care for customers is critical. They need to keep wanting your goods until the company has run it’s course.Short term stock holders can just shut up.
Real profit
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Couldn’t it be said that businesses are temporary, companies are (potentially) – for all practical purposes – eternal, as “holders” for the businesses?
Could be just semantics, of course. But my mind was drawn to comparison with the concept of “nation” visavi “company”…
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Very good point. But of course, you don’t want to keep corporate culture from a previous business?Oh don’t get me started on “nation”… 😉
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