Greed is good
EOC Week6
Business Law
In any field in any business, if you are an expert on a subject, it gives you a certain amount advantage over normal people. So be it. Greed is good in an enterprise and worldwide sense. The owner ship of materials or currency itself is with the element of Greed. Experts will use what they know in order to gain most prophet. No matter who loses. I con concur that it is not always about having enough, rather its about doing more. A venture capitalists only concern is to venture out into the global market and capitalizing on any and all prophets that may come along.
Performance bonuses are sometimes extreme. And in many cases the only people who will benefit from them are the some people who created them. These are usually people who are high up the food chain. The non laborers. Whatever happened to compensating the people who actually ran a business? I believe the performance bonuses should have a cap on some sort based on a dollar amount and not on percentage. These people who create these bonuses can already picture the amount because they are experts at what they do. It gives them a compeling reason to follow through with a particular plan, often neglecting the cream of the crop laborers.
In all I have mixed feelings with this subject. I believe that greed is good only with the correct principles and morals in place. It may be the underlying driving force in propelling a worldwide enterprise but who is to know when it is enough? Greed is only good in the right hands. There has to be a balance in it to where compensation is without ridiculous performance bonuses. Its sad to know that in America the rich get richer and the poor get poorer.
Thursday, May 14, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment