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01-13-2012, 10:59pm | #41 | ||||||
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I agree. Producing a profit also means generating and protecting a positive brand image. I do think some companies (public) take it too far, though. If I was a shareholder in those companies, I'd complain to the BOD.
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01-13-2012, 11:03pm | #42 | ||||||
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01-13-2012, 11:05pm | #43 | |||||||
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Best Global Brands Ranking for 2010 |
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01-13-2012, 11:06pm | #44 | ||||||
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01-13-2012, 11:09pm | #45 | ||||||
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Dear mr cool,
You are clueless. Have you heard of a social enterprise? It's a company with a duel bottom line: social good AND making money. In fact, Joe Punchclock, I just started one. And guess where the money is coming from? You know, the money needed to create all those jobs and do good work? Private equity investors. By April, I'll be employing about 30 people (direct and contract). Without the support of successful partners (1% types) I'd be providing zero jobs. Your generalizations are moronic. |
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01-13-2012, 11:20pm | #46 | ||||||
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01-13-2012, 11:24pm | #47 | ||||||||
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01-13-2012, 11:26pm | #48 | ||||||
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01-13-2012, 11:30pm | #49 | ||||||
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What you completely fail to see is that the community service done by corporations is part of capitalism at it's finest. A company succeeds or fails on it's own merits. Public image is a large part of that.
To be successful a company has to portray itself in a positive light to the public which leads to outreach programs, community service, etc. That positive portrayal also extends to it's employees which leads to higher pay, more benefits, etc, etc. If a company wants to remain profitable, they have to have the best employees. To keep those employees they do what is necessary. They increase the comfort of their facilities. They increase pay. They give more incentives. They make a better, safer, workplace. They make employees WANT to work there. The problem with liberals is that they think that without them and their guidance the World is incapable of functioning. Rather than letting businesses become profitable and in turn doing good in the community and good for their employees, liberals feel that they have to FORCE them to do it their way. It simply doesn't work like that. How many companies do you think have community service programs in socialist nations? I'm guessing not many. |
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01-13-2012, 11:40pm | #50 | ||||||||
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I'm getting at this: Quote:
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01-13-2012, 11:45pm | #51 | |||||||
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All I did was pose a question. It wasn't a challenge. |
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01-13-2012, 11:51pm | #52 | |||||||||||
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EDIT: To the above statement I will clarify, the point of a publicly traded company is to make money (as was the original comment by GS). The point of a private company is whatever the hell the owner wants it to be. Last edited by RedLS1GTO; 01-14-2012 at 12:09am. |
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01-14-2012, 12:12am | #53 | ||||||||
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So you disagree with Thrakk's business model correct? Quote:
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01-14-2012, 12:15am | #54 | |||||||
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Unless I am missing something, he is talking about a privately owned company, in which this applies:
Quote:
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01-14-2012, 12:42am | #55 | ||||||
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I agree wholeheartedly with most of your ideas. But here is where we split. If you are ABC123 Corp and you make $1 billion, you SHOULD, read that again SHOULD have some community focus.
They should not be FORCED by government to do this however. |
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01-14-2012, 12:46am | #56 | ||||||
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Exactly what does this have to do with the original post?
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01-14-2012, 2:16am | #57 | |||||||
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With that said, there aren't many Billion dollar companies out there that don't employ a lot of people. Even if they never actively seek out a "community" project, they are indeed helping it, simply by existing. They pay the people that in turn put the money into the community itself through spending. Businesses are what make the community. A perfect example is of my hometown in Ohio. There was a large Ford transmission plant there (and not much else). As far as I know, Ford never did any sort of community charity type of projects. They existed simply to make money. It was a nice little town... until they closed. When Ford closed the plant, the local restaurants all went under without the lunch crowds. All but 1 local gas stations closed within a year. The YMCA closed because of the loss of all of the employees who were members. The median income dropped almost 30%. The bottom fell out of housing. The school system went from top 5 in the state to TERRIBLE in about a 2 year span because of cuts due to the loss of incomes... and the list goes on and on. Ford was one of the largest contributors to the success of the town... without ever spending 1 penny on community service projects. |
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01-14-2012, 7:40am | #58 | ||||||
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the fact still remains that for any publicly traded company, the bottom line is all that matters.
100% fact. This is one of the things that makes America great. Last edited by NB2K; 01-14-2012 at 9:18am. Reason: Please note the bolded part is from Red |
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01-14-2012, 7:54am | #59 | ||||||
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01-14-2012, 8:49am | #60 | |||||||
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Exactly. I am sure JC gives back to the community. Isn't he self employed with the Gov't his biggest account? |
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