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by msiemens
2349 days ago
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I guess it depends. I have a German engineering degree and took a business administration course as a part of that. And in one of the first lectures our professor told us that The formal goal of the company is to maximize profit. Which seems to be just a more formal way of expressing Greed is good. But then again, this might be influenced by American business culture⦠|
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But the microeconomics angle seemed more personal - as in attempting to describe interaction between people with some extrapolation to larger entities.