Bad Quote by Erik Prince
“If someone is doing that, saving the customer money, is making a profit so bad?”
About This Quote
Source Speech: Business ethics panel, 2020
Saving customers money and making profit are not inherently conflicting; ethical profit aligns with value creation.
In simple terms: Profit and customer benefit can coexist ethically.
Align profit motives with genuine customer value.
Themes
Mood
Type
When to use this quote
- entrepreneurship training
- corporate governance
- customer service policies
Key Concepts
Questions to Reflect On
- How can profit be measured beyond dollars?
- What safeguards ensure ethical profit?
Profit focus may ignore broader social impacts.