Question

In: Operations Management

“Greed, for lack of a better word, is good,” (Wall Street, 1987). Is greed good or...

“Greed, for lack of a better word, is good,” (Wall Street, 1987). Is greed good or bad? What pressures do corporations succumb to that lead to greediness?

Solutions

Expert Solution

Explanation:

Greed is good but at some extent where you can fulfil your dream but when greed get over your head and you forget morale and ethics behind greed that is not good for oneself or for other world also. Greed lead to unethical acts and that can lead to danger for people and who live around them. Greed is everywhere into every person and many time it drives people to do unethical and morally unacceptable acts that put them in harm’s way.

Many corporation has stepped into shoes of greed to earn more profit without considering ethics and morale. When corporations get into grip of greed the goal is not just money but they want to achieve social supremacy over others. When there is ethics and morale on line corporation want to achieve that is something beyond monetary gains. Success drives corporation towards greed and they want to be the leading player in horse and because of that they caught in to greed trap.


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