2007-03-03 04:01:50 · 10 answers · asked by Brian P 2 in News & Events ➔ Current Events
Thats a good question. I'm a car dealer and we are constantly asking our customers what they consider a fair profit. I don't necessarily think people think it's bad, but in the car biz it is indeed a hurdle. Anyway, I hope this helps.
2007-03-03 04:07:33 · answer #1 · answered by Rhettski 4 · 0⤊ 0⤋
Whew, some of you guys really show the rock solid foundation in business and economics that must make your mamas proud.
We live in a nation of LAWS. Not opinions about right and wrong. Good and evil.
As long as a company makes a profit and doesn't break any LAWS doing it...it is completely OK, even moral.
The rest of the bs about exploiting the "poor" and "the workers" blah blah blah is just a bunch hooey.
There is nothing moral about the concept that a company "owes" charity to others because of the fact of profits. Nor is it moral that someone espouses the concept of "giving back" as a justification for claiming rights to profits.
Most don't know the difference between a profit and a profit margin. I run a small business and if you stood up the "profits" next to the "profit margin" you would be appalled that I (or anyone is willing to work 50 or more hours a week for so little.
2007-03-03 13:26:46 · answer #2 · answered by cappi 3 · 0⤊ 0⤋
It's not profit that is bad. It is when people making the profit get greedy and feel that they have to take advantage of poor and working class people to make their profits. Such as spiking gas prices within a few hours or minutes, overcharging and marking up profit on certain items. And ripping off people who don't even have enough money to live, in taxes.
2007-03-03 12:29:02 · answer #3 · answered by Big Bear 7 · 1⤊ 0⤋
Profit is a good thing when you are the one who's making it, and bad when it's the other guy who's making it at your expense!
2007-03-03 12:16:12 · answer #4 · answered by Aro 2 · 0⤊ 0⤋
It is if you make profit in the wrong way with the wrong people .
2007-03-03 12:10:09 · answer #5 · answered by maria r 1 · 0⤊ 0⤋
People only think its a bad thing when they are paying it. It's a good thing when they are making it!
2007-03-03 12:06:54 · answer #6 · answered by mzindica 4 · 0⤊ 0⤋
Because they're not getting any of it.
PS: Wisecrack that illustrates this attitude:
Q: What's the advantage of theft?
A: Because it all goes to the bottom line.
2007-03-03 12:13:31 · answer #7 · answered by silvcslt 4 · 0⤊ 0⤋
It's not a bad thing, when done legally and it doesnt affect your moral values.
2007-03-03 12:07:11 · answer #8 · answered by Snowflake 1 · 0⤊ 0⤋
profit cause selfishness.
2007-03-03 12:25:10 · answer #9 · answered by Anonymous · 0⤊ 0⤋
it makes a person rich, and when you get rich you become obese, and that is bad for your heart.
2007-03-05 03:13:01 · answer #10 · answered by Anonymous · 0⤊ 0⤋