Why Is Maximize Profits Theory Not Acceptable in Today's Business

question 14

Essay

Why is maximize profits theory not acceptable in today's business world?

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Definitions:

Charismatic Leaders

Individuals who inspire and motivate followers through their personal vision, communication skills, and inherent charm, often leading to strong devotion or loyalty.

Self-Confidence

The belief in one's own abilities and competence.

Ideological Character

Refers to the collection of beliefs, values, and attitudes that define a person's or group's worldview, often influencing their political or social opinions.

Transformational Leader

A leadership style characterized by the ability to inspire and motivate employees to exceed average performances and achieve significant changes and innovation.