“It’s not in the company’s interests . . . ’’ “The company thinks that . . . ’’

Question

“It’s not in the company’s interests . . . ’’ “The company thinks that . . . ’’ “From the company’s viewpoint . . . ’’ “As far as the company is concerned. . . ’’ —all of us have heard, perhaps even used, expressions that treat a business organization like a person or at least like a separate and distinct entity. Capitalism permits the creation of companies or business organizations that exist separately from the people associated with them. We take the existence of companies for granted, and some experts go so far as to say that the company is “the most important organization in the world.’’ Do you agree that companies exist in their own right and are the most important organizations in the world today?

Explanation / Answer

The basic thing that runs the world these days is the capabilities of generating money or profit and companies are the entities which earn the maximum profit thus they act as a backbone of any economic system or far an instance of any country and hence they are the most important organisation that exists in the modern world apart from that as per the definition of capitalism the economic and political system of any country is run for the benefits of trade and industries and therefore it is correct to say that in the era of capitalism the companies exist in their own rights.

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