<p>I got this test question from 800score.com and they charge $20 for grading, so can somebody please give me their free guestimate. This is my first time practicing, so any resposne would be greatly appreciated.</p>
<p>“The desire of corporations to maximize profits creates conflict with the general welfare of the nation at large”</p>
<p>I disagree that the desire of corporations to maximize profits creates conflict with the general welfare of the nation at large. Maximizing profits will eventually lead to full employment which is defined as less than 5% unemployment. If the corporation maximizes their profits then that means that they are most likely going to be working with domestic companies and international companies which helps the global market as well as global relations. So in essence, the greater rate of trade may lead to peace amongst nations which in turn protects the general welfare of a nation. When I was recently watching the news, I learned that Israel’s third leading trade partner is Germany. One might ask themselves, “well why is that significant?” In the 1940’s the Nazi’s of present day Germany were putting the Jews through Genocide. The Jews were eventually granted the nation of Israel from the United States because of this atrocious act. I believe that the significant amount of trade that goes on between these nations eases any uneasiness between these two nations. So German and Israeli companies working together is a prime example of how major corporations maximizing their profits can truly benefit the welfare of the nation(s) at large. </p>
<p>Major corporations maximizing their profits benefits the welfare of a nation at large in so many ways. The reasons include greater employment, a stronger national market, patriotism, satisfied citizens, and all of this will create a tremendouse opportunities for the future of the nation(s). For example if there are more jobs that means that the average household income’s go up which in turn leads to more of the children in those households or students achieveing their college degree. More students with college degrees will benefit the nation as well as the families of the graduates. A college degree is the best investment that money can buy.</p>
<p>I am personally an investment banker and via my business we are loaning companies more money to spend on their exising businesses as well as cash to finance their start ups. Upon a succseful deal, there is a great chain reaction which spurs patriotism, creates jobs, satisifies our clients, and these are just a few of the perks. In a book that I am reading, “the 12 Rules of Great Managing,” the author advises all business people to, “Break all of the rules.” I agree with this because when you are willing to break certain rules, you do something that has never been done, you create something new, and it creates great synergies. So if this statement, states that “The desire of corporations to maximize profits creates conflict with the general welfare of the nation at large,” I say MAXIMIZE PROFITS.</p>