Business As A Calling-Michael Novak

Presenter:-Ribhu VashishthaP301111FMG009

IS BUSINESS MORAL?

Calling? God-given ability to do the job.God-given ability to enjoy doing it.It is an inner drive.Something which makes you feel happy upon doing it.

“Pleasure in the job puts perfection in the work.”-Aristotle

What exactly is it?“Choose a job you love, and you will never have to work a single day in your life.” ― Confucius

Capitalism and Democracy

A capitalist system is beneficial for the poor.

Capitalism is a necessary condition for the success of the democracy(but not a sufficient condition).

THE VIRTUE OF CREATIVITY

THE VIRTUE OF BUILDING COMMUNITY

THE VIRTUE OF PRACTICAL REALISM

Business depends on virtue.

7 CORPORATE RESPONSIBILITIES

1. To satisfy customers with goods and services of real value.

2. To make a reasonable return on the funds entrusted to the business corporation by its investors.

3. To create new wealth.4. To create new jobs.5. To defeat envy.6. To promote invention and ingenuity.7. To diversify the interests of the republic.

Andrew Carnegie

• Scottish-American industrialist who led the enormous expansion of US steel industry.

• Second richest man in history.

• Notable philanthropist.

Thanks