-
Essay / Contemplating education and success: an ethical approach...
But there is always a key element in debates and discussions which is always the root of the problem. The problem always comes back to financing. Finance is the key because many superficial issues arise from money, how it is earned, and how it is managed. This question begs the questions: “Is there a difference between education and business?” and if so, “What is an acceptable business/financial structure?” » for example, the structure of a business or private company is that people invest in a company and become shareholders. At the end of a mandate, shareholders receive a dividend based on their participation and the profitability of the company. This is the normal business structure and financial planning for this type of business is influenced by “profit-driven” outcomes. It is a private business model with the goal of maximizing revenue. The structure of the for-profit institution is eerily similar. With a financial plan to maximize income, one must ask the purpose of this structure from an educational institution. This brings us to the debate about ethical standards in education. Is the business type structure of for-profit institutions morally ethical and if so, where is the divide? Business ethics and