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Re: FW: What is the purpose of a commercial firm? (fwd)



John wrote:
> I back up Mike on this.  It is clear that Deming thought the aim of a
> business was to benefit society.

My intent with the previous post was not to propose a "right" aim. As Deming
frequently said, the aim is a value judgment. I do believe that different
choices of aim lead to very different actions by the firm.

We can choose (as investors, employees, customers, or citizens) not to
associate ourselves with a firm if we find its aim repugnant, but I don't
believe that firm's aim is "wrong" because it is not one I support.

Mike Tveite
mike@tetradgroup.com
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