FILAMER CHRISTIAN UNIVERSITY

Graduate School
Masters in Business Administration
First Semester, A.Y. 2021 – 2022

MBA 401: SOCIAL RESPONSIBILITY AND GOOD GOVERNANCE

MS. MA. NETGIL F. GEVELA PROF. MARLENE A. AGUIRRE, MPA,

MBA
Student Course Facilitator

CSR SUMMER OUTPUT NO. 1

What is your personal view of profit-motive?

In a realistic world of business, the concept of profit-motive embodies a significant

function in order to maximize the generation of profits. It all boils down to creating various
undertakings and endeavors to achieve monetary gain and economic standing in the field of
business. It is in fact, money plays a major role in putting up a business and be able to thrive
especially in modern society for most interactions happened in business involves money, the
use of technology in innovations, payment of salaries and taxes, and other expenditures in the
operation of business to acquire quality output.

Understanding the strategies of profit-motive allows the business owners to use it as an

advantage since money has the potential to fulfill the factors of an organization’s success. A lot
of businesses have indeed succeeded in doing it with the main goal of maximizing profit. Hence,
to those who are acknowledging that high revenue could expand a business and possibly help
many people by increasing employment and personnel satisfaction by appreciating their efforts
and hard work through monetary remuneration as well as employees’ development, they tend to
create a cycle in the business of giving back to what stakeholders have given to the business.
Profit is definitely a measure of success in a business and it ensures an organization to perform
forward only if businessmen intelligently decide for the purpose of generating profit and
implementing effective methods to achieve the organization’s goal in an ethical manner.

However, while benefiting on acquiring more profit, it leads people to be greedy in a

sense of being more focused on cost-cutting which would result to unscrupulous behaviors such
as misleading product information, mistreating employees and violating companies’ internal
operating processes, to accumulate unnecessary amount of money quickly. It is for the main
reason that when a business decided to prioritize profit than satisfying customers, it tends to
disregard the importance of so many aspects in business operations like satisfying employees
would lead to better performance, then would produce good quality products and services and
customer loyalty, and through repeat purchase the end result will be increasing sales.
Businesses that use malpractices often succeed rapidly but then, will suffer from negative
impact like loss of integrity and credibility in the market.

In a broader sense, businesses can achieve success by maximizing profit as a vital

motivation by conducting ethical practices. It is often a long-term interest of a business to
survive in an abrupt changing field of trade, as long as business leaders take into consideration
what is best for all, it will always bounce back to the organization the acts of good will through
good company reputation, continuing success and accelerating profit standing.