Why Do the Authors State That "Using Profit as the Sole

question 38

Essay

Why do the authors state that "using profit as the sole guiding light for corporate action" can harm the company?

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Definitions:

Status

The relative social, professional, or other standing of someone or something, often influencing respect, influence, and access to resources or opportunities.

Achievement-Orientation

Achievement-orientation refers to an individual's or organization's focus and emphasis on setting goals and achieving results.

High Individualism

A cultural orientation where individual goals and independence are prioritized over group or collective goals.

Power Distance

The extent to which less powerful members of organizations and institutions accept and expect that power is distributed unequally.