ALL'S FAIR IN LOVE AND BUSINESS

Most businessmen today try to make as much money as they can, and try to have it end up on their bottom line. Should there even be an ethical question about earning a profit? Is there really such a thing as a "fair" profit? The problem is that what seems fair to a manufacturer may not seem fair to the ultimate consumer. What constitutes profit is really what competition makes it. Long ago, the government prohibited monopolies. But, sometimes when a company comes out with a product that becomes popular, they can charge whatever they can get away with. Only when someone creates a similar competitive product will prices come down. The Corvette costs a lot. So does the Z-car. But, when others began making similar sports car models, some of the pri

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Category: Business - A