Business Quote by Kate Moore
““Are we in industry to help carry out some soft, silly, social plan? Are we in industry to buy the goodwill of the employees? No. We are in industry because it is good business.””
About This Quote
Source Article: Business Ethics Journal, 2020
An argument that industry exists for profit, not altruism, emphasizing business as a good practice.
In simple terms: Industry exists for profit, not altruism.
Focus on profit‑driven business models.
Themes
Mood
Type
When to use this quote
- entrepreneurship
- investment decisions
- employee relations
- market competition
Key Concepts
Questions to Reflect On
- How to balance profit and goodwill?
- What defines “good business”?
Profit focus can neglect social responsibility.