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Comment: Steven Gao‘s Blog Post

Comment: Steven Gao‘s Blog Post by WEIZHAO

I found Steven’s business ethics article and insights very interesting. Steven is basically using the example of CVS that we’ve been discussed at class and added his understanding of “the 2 billion loses is nothing compared to the hundred billion incomes for CVS.” 

Steven get the same understanding on ethic as I do. There is no ethic in business. Every ethic in business is just for the business. It makes profit for those one who use it. While at the same time having a win-win profit for everyone while pushing up the social utility is just a side effect of our business ethic. It is more like we start with the target of profiting while end with profiting and a boost in social utility.

屏幕快照 2014-10-05 上午2.21.33

After all, I like CVS and the reputation of CVS in investors’ mind is simply rising with time. And I agree with Steven’s point.

https://connect.ubc.ca/webapps/blackboard/content/contentWrapper.jsp?course_id=_45361_1&href=https%3A%2F%2Fconnect.ubc.ca%2Fwebapps%2Fosc-BasicLTI-BBLEARN%2Ftool.jsp%3Fcourse_id%3D_45361_1%26id%3Dubcblo&mode=view

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