--- title: "Meaning & Key Takeaway of: The American business man cannot consider…" description: "\"The American business man cannot consider his work done when he views the income balance in black at the end of an accounting period. It is necessary f..." image: "https://sms4smile.com/quotes/i/231/colby-mitchell-chester-228894_accounting_the-american-business-man-cannot-conside_2798777.png" --- # The American business man cannot consider his work done… ![“The American business man cannot consider his work done when he views the income balance in black at the end of an accounting period. It is necessary for him to trace the social incidence of the figures that appear in his statement and prove to the general public that his management has not only…” quote by Colby Mitchell Chester](https://sms4smile.com/quotes/i/231/colby-mitchell-chester-228894_accounting_the-american-business-man-cannot-conside_2798777.png) [Download](https://sms4smile.com/quotes/i/231/colby-mitchell-chester-228894_accounting_the-american-business-man-cannot-conside_2798777.png) [Open image](https://sms4smile.com/quotes/i/231/colby-mitchell-chester-228894_accounting_the-american-business-man-cannot-conside_2798777.png) > “The American business man cannot consider his work done when he views the income balance in black at the end of an accounting period. It is necessary for him to trace the social incidence of the figures that appear in his statement and prove to the general public that his management has not only been profitable in the accounting sense but salutary in terms of popular benefits.” Colby Mitchell Chester ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Advocates for businesses to assess social impact beyond profit, ensuring benefits to the public. **In simple terms:** Businesses should evaluate social impact. Key Takeaway Measure social benefits of business. Themes ethics responsibility impact Mood serious analytical Type statement policy When to use this quote - policy making - CSR reporting - community outreach - financial analysis - public communication Key Concepts social accounting corporate governance Questions to Reflect On - How can you quantify social impact? - What incentives drive ethical business? A Different Perspective Balancing profit and social good can be complex. ★ ★ ★ ★ ★ No ratings yet [American business](https://sms4smile.com/quotes/about/american-business/) [Balance](https://sms4smile.com/quotes/about/balance/) [Business](https://sms4smile.com/quotes/about/business/) [Business man](https://sms4smile.com/quotes/about/business-man/) [Customer](https://sms4smile.com/quotes/about/customer/) [General public](https://sms4smile.com/quotes/about/general-public/) [Income](https://sms4smile.com/quotes/about/income/) [Management](https://sms4smile.com/quotes/about/management/) [Men](https://sms4smile.com/quotes/about/men/) [Social](https://sms4smile.com/quotes/about/social/) ## Related quotes > [The State insists that, by thus quarantining the general reading public against books not too rugged for grown men and women in order to…](https://sms4smile.com/quotes/felix-frankfurter/the-state-insists-that-by-thus-quarantining-the-general-reading/) [Felix Frankfurter](https://sms4smile.com/quotes/author/felix-frankfurter/) > [Having a mood disorder is not synonymous with having artistic talent, but it is true that people in the so-called creative professions-writers, actors, artists,…](https://sms4smile.com/quotes/tracy-thompson/having-a-mood-disorder-is-not-synonymous-with-having-artistic-talent/) [Tracy Thompson](https://sms4smile.com/quotes/author/tracy-thompson/) > [After approximately two decades and several billion dollars…Among the various types of cancer that account for 78% of the incidence..the upward trend in survival…](https://sms4smile.com/quotes/daniel-s-greenberg/after-approximately-two-decades-and-several-billion-dollars-among-the/) Daniel S. 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