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New Slight difference.
The purpose of business is to make money for "somebody". I would hazard that that somebody is the owner of the business. Anything else, including customer satisfaction and "people who do the work" is secondary.

When owner of the business is actually not a single person but stockholders, things get more complex and fuzzy, but the main principle holds: the purpose of business is to earn money for its owner.

Now, I may not like thi sistuation, but it is what it is, given human nature. Any other "purpose" that was tried quickly degraded into either same thing with different owners (Soviet Union) or business disentagration (no more money is made)(Amtrack).
New Hard to say it is for
In many corporations the primary owners and management are not the same people. In theory the management runs the place for the owners, and the owners' goals are in charge. In practice managers tend to run the place for themselves.

The difference being that owners have incentives to run for maximum profitability for the investment, while managers would prefer larger sizes.

Cheers,
Ben
"... I couldn't see how anyone could be educated by this self-propagating system in which people pass exams, teach others to pass exams, but nobody knows anything."
--Richard Feynman
     What is wrong with business today? - (orion) - (54)
         Kill all the lawyers -NT - (bepatient)
         It depends on the kind of business - (ben_tilly)
         Litany of woe - (JayMehaffey)
         Oh, a very, very long time ago - (Andrew Grygus) - (6)
             Re: Robber Barons - (drewk) - (5)
                 Athletes and Movie Stars - (bepatient)
                 I don't think assembly working was "the lowes-paid" - (Arkadiy) - (3)
                     That would make it even worse - (drewk)
                     Still is - (JayMehaffey) - (1)
                         Found some numbers - (drewk)
         Simple answer: - (jb4) - (33)
             Shocking... - (ChrisR) - (32)
                 Yes making money - (orion)
                 Nice try... - (jb4) - (30)
                     Nope, that's *still* not the purpose of a business - (drewk) - (22)
                         Slight difference. - (Arkadiy) - (1)
                             Hard to say it is for - (ben_tilly)
                         OK, fair enough... - (jb4) - (19)
                             Stockholders = Investors - (ChrisR) - (18)
                                 Good explanation. - (a6l6e6x)
                                 Yeah, I can see those dirty fingernails, alright... - (jb4) - (16)
                                     Invalid assumption - (ChrisR) - (15)
                                         OK, now I got you... - (jb4) - (3)
                                             Side bets - (ChrisR) - (2)
                                                 I apparently didn't play at your casino... - (jb4) - (1)
                                                     The analogy assumes... - (ChrisR)
                                         While I agree, that's kind of orthogonal - (drewk) - (10)
                                             Mixing up cause and effect - again. - (Arkadiy) - (6)
                                                 There's a distinction - (drewk) - (5)
                                                     How the hell did it come to exist - (Arkadiy) - (4)
                                                         You're still focused on *why you would invest* - (drewk) - (3)
                                                             Darn right I am. - (Arkadiy)
                                                             Those Dot Coms employed a lot of people... - (ChrisR) - (1)
                                                                 I think that your sane exposition makes clearer the - (Ashton)
                                             On movies - (ChrisR) - (2)
                                                 Oh I *know* it's wishful thinking - (drewk)
                                                 "Everybody wants money. That's why they call it 'money'." -NT - (jb4)
                     It's all about making money. - (ChrisR) - (6)
                         This simple 'logic' might have sufficed before - (Ashton)
                         Bullshit. - (CRConrad) - (4)
                             You are correct sir - (orion)
                             Well said, Sir Cyclic... - (jb4)
                             Could be? - (ChrisR) - (1)
                                 A nice rebuttal.____But - (Ashton)
         It comes down to greed. - (tuberculosis) - (8)
             Re: It comes down to greed. - (Arkadiy) - (7)
                 'Discretion' manages to put an upper-limit on 'wants'. - (Ashton)
                 Re: It comes down to greed. - (tuberculosis) - (5)
                     Yes it does. - (Arkadiy) - (4)
                         I don't get your point. - (tuberculosis) - (3)
                             But 'quantizing' greed may be the Red Herring - (Ashton)
                             My point is... - (Arkadiy) - (1)
                                 Well I'm in a rare position this week - (tuberculosis)
         Re: What is wrong with business: the pictorial answer - (Ashton)

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