Defining what a business is can be a daunting task. Its telos today as before is not very well understood, much less is there a consensus. Philosophers have added to the conversation proposing the main tenets of a business such as...
moreDefining what a business is can be a daunting task. Its telos today as before is not very well understood, much less is there a consensus. Philosophers have added to the conversation proposing the main tenets of a business such as focusing mostly on being entirely answerable to its investors1, focusing only on its profitability and success, minimalizing business activity to a short list of do not’s, simply maximizing long-term value, or focusing on the integral good of all of those involved. A lot of the conversation is even based simply on the material and instrumental or on the means and methods rather than on the ends and purposes. Each, subsequently, is necessary for the life of the business, but in order to understand why each of these parts are encompassed in the telos of a business, such a task requires a deeper understanding of human action and interaction. It also requires a deeper understanding why man works in the first place, especially as part of a community called a business.
