Resources

Profit, as defined by the accounting profession, is the excess of a business’s total revenues over total costs. Economists define pure profit as the amount of money remaining after making all payments for productive services and raw materials after the going rate of payments for the capital invested has been deducted. Profit is the estimated claim on wealth that can be used as capital for new efforts to create wealth. A Christian perspective on profit requires a correct understanding of what profit actually is, how it is created, who has a just claim on it and what role it plays in a business, all in the context of a biblical understanding of human nature, stewardship, justice and community.

Culture is a dimension not only in the life of countries and ethnic groups but also in organizations. Every organization has a corporate “feeling” or environment that communicates to new and old members what is important and what is permitted. This is true of businesses, small groups, clubs, churches, nonprofit and parachurch organizations. The minute a person walks into the meeting room, the store, the office or the sanctuary, he or she picks up a nonverbal message that is more powerful than such mottoes as “The customer is number one”; “We exist to give extraordinary service”; “This is a friendly, family church.” Culture turns out to be profoundly influential in determining behavior, expressing values and enabling or preventing change.

Business Ethics