Opening Statement
Business Ethics
"When they are in conflict, a business's responsibility to itself ought to be valued above its responsibility to society."
To start off my opening statement, I would like to thank all those participating and wish my opponent the best.
A business is started by an individual and he is the driving force behind it. His main motivation is profit. He thought up the idea for the product
and brought it to life. You’ve taken responsibility for your life as an individual and your fulfilling your needs. Majority of your profits go back
into the business, so it will continue to grow and some goes towards your living expenses. There is also enough left to hire someone at minimum wage.
This is how many business’s start out in America, an idea, motivation, work and money.
In this debate I will show why it’s important for a business to keep its value of responsibility to itself rather then being responsible for
society.
Here are a few points that will be covered in my first argument.
1. Nature of man
2. Individualism and ego
3. Self Interest
4. Limiting Business Power
Now, lets go back to your business. You just hired a 18 year old named Tom, at minimum wage and he is happy, because this is his first job. You are
satisfied with his work and you can now cut back your hours from 60 to 40 per week. Before you hired Tom your goal was to retire in 10 years. Now
that you have Tom working your goal changed to 5 years. Everything seems to be going good, but wait Toms parents just called and want you to increase
his pay and help him get a college education. Ding Ding, ah that’s the bell on the door, to your business. YOU HAVE CUSTOMERS You go to greet your
customers when they start to complain that lower income families can not afford your product.
Now where does that leave you? If you lower your prices and pay Tom more, your goal of 5 years to retire just jumped up to 15 years and your back to
60 hours per week. Lets close it down and take a position with the company down the road, you will get full benefits with paid holidays and retire
in 20 years.
This is an example of what would happen to many new business’s if they allowed their business responsibility to go from itself to being responsible
for society.
We already have over 95 percent of new business’s failing within their first 2 years.
Do we need to give away our profits to society?
No, it was your idea and your effort.
Agent47 it’s all yours
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