Over at Business and Politics I ask some questions designed to help people sort out their own thoughts and identify which sort of business behaviour is ‘greedy’:
Question Four
A family firm builds up over generations now employs 400 people. One worker is a convinced Communist. He starts to agitate for a trade union presence to be accepted in the firm. He persuades 100 workers to join him, but the majority aren’t interested. For the first time in the firm’s history damaging disputes break out. Production slows. Customers are annoyed. Fearing that their beloved business could crash, the wealthy family owners sack the Communist and his 9 closest associates. These 10 people sue the firm for unlawful dismissal and win significant compensation. Who is being greedy? Why?
Go on.
Test your Greed IQ.