Discuss the concepts of altruism and egoism in terms of motives and benefits. Is it possible for businesses to be altruistic? Why or why not?© BrainMass Inc. brainmass.com June 4, 2020, 3:47 am ad1c9bdddf
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Altruism involves the unselfish concern for other people. "It involves doing things simply out of a desire to help, not because you feel obligated to out of duty, loyalty, or religious reasons" (Cherry, 2013, para 1). For example, being a Big Brother or Big Sister to a child, not because it is a tax write off or is something to brag about to others, but because it will benefit that child to have someone stable and ...
This solution provides a 280 word discussion regarding altruism and egoism including the concepts in terms of motives and benefits of each. Also, a discussion regarding whether businesses can be altruistic or not. Additionally, one reference is provided for further exploration of the topic.