Wednesday, July 4, 2012

The lowest common denominator

A business owned by one man or woman will sometimes seek to be profitable, sometimes to be charitable, in accordance with the judgment of that one. A business owned by many men or women must seek to please them all. They are unlikely to have the same objectives in their charity, and can agree only on the one objective of profitability. This, the lowest common denominator, will therefore prevail.

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