MGTA01H3 Lecture 2: MGTA01 Lecture 02 - Building a Business
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MGTA01H3 Full Course Notes
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No, it is not because it does not operate for profit, they do not collect revenue. They do not charge folks for what they offer: even if some organizations do charge, for example, the university of toronto, it does not charge enough to make a profit. The revenue obtained from students only covers a quarter of the cost of the education: uoft is still not a business, because no one is running it with the intention of getting rich. Sehar qureshi: his fundamental belief was that it is okay to make a profit, if you work hard. Karl marx: karl marx came up with the philosophy of marxism, and in 1848 he wrote a book called. 1948 to roughly 1970-80, they followed his philosophies: communism, is a theoretical ideal. Marx was not a businessman, he was a philosopher. Individuals, and the nation will prosper if the government leave them alone to do so.
