Efficiency and Ethically Responsible Management
One common justification for the pursuit of profit by business firms within a market economy is that profit is not an end in itself but a means to more efficiently produce and allocate resources. Profit, in short, is a mechanism that serves the market’s purpose of producing Pareto superior outcomes...
| Main Author: | |
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| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Springer
2018
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| In: |
Journal of business ethics
Year: 2018, Volume: 150, Issue: 3, Pages: 603-618 |
| Further subjects: | B
Efficiency
B Market failures B Markets B Profit B division of moral labor B Implicit morality B Heath B Ethics and competition |
| Online Access: |
Volltext (lizenzpflichtig) |