November 27th-December 3rd
The article written by Handy goes over many things of a business such as virtue and integrity as well as real justification and how it comes into play within the business world and how it applies to individuals and companies. Virtue and integrity are essential to an economy because markets rely on rules and laws. These rules and laws, in turn, depend on truth and trust. If truth is concealed or trust is eroded, the reliability of the market diminishes. The article suggests that if businesses sacrifice truth or erode trust, markets may empty, share prices may collapse, and people may seek alternative places to invest their money. In this context, virtue and integrity contribute to the stability and functioning of the economic system. The article suggests that the real justification for the existence of businesses goes beyond merely making a profit. While making a profit is important, it is considered a means to a larger end. The purpose of a business, according to Handy, is to mak...